Forex Market

The EUR/USD pair slightly benefited from the US dollar’s sell-off but to a lesser degree than other assets including the Pound Sterling, and the Japanese yen. The pair remains in the same range that has been in play for the past 15 months, and price has made a fast move …

The US Bureau of Labour Statistics will release the most important inflation measure, the US Consumer Price Index figures, on Tuesday, March 12. As markets get closer to the release time, here are the forecasts by the economists and researchers of 10 major banks regarding the upcoming United States inflation …

The US dollar began to recover from a sharp decline that has been accompanying it since the opening of weekly trading on Monday, continuing to be affected by the employment data released on Friday to shed light on a deterioration in labour market conditions that would have favoured speculation of …

Continued Decline Mirrors Asian and Wall Street Trends European stock markets sustained losses on Monday, echoing the downward trajectory witnessed in Asian markets overnight and fueled by Friday’s downturn on Wall Street. The impending release of pivotal U.S. inflation data added to the prevailing apprehension among investors. European Indices Under …

Gold Maintains Strength Ahead of U.S. Inflation Data Gold prices exhibited resilience just below record highs in Asian trading on Monday, as market attention shifted towards eagerly awaited U.S. inflation figures. Investors awaited further indications on the timing of potential interest rate cuts by the Federal Reserve, which could significantly …

Most Asian stocks dipped on Monday, mirroring the downturn in Wall Street, where apprehension loomed ahead of crucial U.S. inflation data. The prevailing sentiment was notably bleak in Japanese shares, which witnessed a sharp decline amid mounting speculation that the Bank of Japan (BOJ) is poised to increase interest rates. …

Following the US NFP print, EUR/USD pair surged, although the markets were confused by conflicting data. Although the US NFP revealed an increase in jobs, sharp revisions have reduced risk appetite. On Friday, the EUR/USD pair got some breathing room and surged to a new weekly high close to 1.0980. …

US stocks retreated on Friday, closing out a choppy week as Nvidia’s incredible rally took a breather. The S&P 500 lost 0.65% to 5,123.69, while the Nasdaq Composite slipped 1.16% to 16,085.11. All three major indexes finished the week lower, with the broad S&P 500 pulling back by 0.26%, the …

Benchmark US Treasury bond yields declined at the end of Friday’s trading session following the employment data that painted a bleak picture of the labour market in the United States last February.Ten-year US Treasury bond yields fell to 4.080%, compared to the last daily close, which at 4.085%. The index …

Gold prices have been rising due to expectations for US rate cuts, geopolitical tensions, and China’s economic woes. Gold futures rose 1.04% to $2,182.55 per ounce at the time of writing, reflecting bullish sentiment in the gold market. The Chinese central bank’s gold purchases as well as the country’s domestic …