Forex Market

The price of gold is seen under pressure as investors turn their attention to digest the most recent US inflation data due to worries that increase the chance of a last interest rate hike by the US central bank in the remaining months of 2023 could result from upside risks …

The US dollar has moved into positive territory following Wednesday’s CPI reading, confirming another Fed rate increase. This week, the US Dollar Index turns green and is in positive territory; as the US Dollar Index is recording 104.730 at the time of writing Traders are seeking direction as they interpret …

In an era marked by seismic shifts in the global economic and political landscape, Noor Capital’s Research and Development Department prepared the latest research paper that delves deep into the implications of the eighteenth G20 Summit. As the assembly of the world’s major economies comes to pass, the paper scrutinizes …

European stocks fell on Wednesday as investors awaited an important report on inflation in the United States scheduled to be issued later on Wednesday, searching for clues about the path of US interest rates. The European STOXX 600 index fell 0.5 percent by 0707 GMT, with the interest rate-sensitive technology …

The dollar was broadly stable ahead of US inflation data later on Wednesday, although it rose against the yen as investors digested comments from the Bank of Japan Governor indicating a possible end to negative interest rate policy. The US currency rose about 0.2 percent to 147.39 against the yen. …

The US Consumer Price Index (CPI) data, the most significant indicator of inflation, is set to be released by the US Bureau of Labour Statistics on September 13. Economists and analysts of 10 major banks have provided estimates for the awaited US inflation print for August. The headline CPI is …

It’s US CPI data’s day. The awaited readings are expected to trigger price actions across the board and are crucial before next week’s FOMC meeting. During the Asian session, Japan will release the Producer Price Index. Later, monthly UK GDP data is due, as well as Eurozone Industrial Production figures.The …

Early Tuesday trading saw a decline in the EUR/USD pair, and buyers are attempting to make up ground. Midweek economic data from the US and EU will make the charts more difficult to read. Along with US inflation data due soon, the ECB rate decision is just around the corner.After …

The US economy is absorbing the effects of higher interest rates with ease, and the US Dollar gains in appeal. Investor caution ahead of August Consumer Price Index data in the US is putting pressure on the price of gold, as a sharp rise in petrol costs suggests that headline …

The USD/JPY pair rose 0.43% to 147.20 after Bank of Japan Governor Ueda suggested ending negative interest rates. The US 10-year Treasury yield remains steady at 4.292%, bolstering the dollar ahead of August inflation data. Markets anticipate a rise in the Consumer Price Index from 3.2% to 3.6% YoY, potentially …