Forex Market

Stocks and bonds made small changes on Wall Street on Tuesday as trading was quiet in anticipation of news later in the week that might affect the markets.The S&P 500 lost 0.17 points, or less than 0.1%, to 4,108.94, its smallest one-day movement in more than a year. The majority …

The US Bureau of Labor Statistics (BLS) will release the most important inflation measure, the US Consumer Price Index (CPI) figures, on Wednesday, April 12. As markets get closer to the release time, economists and researchers of 10 major banks published their forecasts regarding the upcoming US inflation reading for …

Federal Reserve Bank of Chicago President Austan Goolsbee, said on Tuesday that policymakers need to be cautious about raising interest rates after recent development in the banking sector. He mentioned that the central bank needs to assess the potential impact of the financial stress on the real economy. Speaking at …

The GBP/USD pair is up by +0.05% and is trading at 1.2430. While risk sentiment has strengthened, the British pound has found stability in a crucial support level, keeping sterling close to the 10-month high it reached last week on speculation that interest rates will shortly peak and decline later …

The US Dollar performs negatively on Tuesday and weakens against its major rivals as investors gear up for the highly anticipated March Consumer Price Index (CPI) data from the US. The US Dollar Index, which closed the previous four trading days in positive territory, retreats toward 102.00, reflecting the lack …

European stocks rose on Tuesday as investors returned from a long weekend to face a week full of important economic data that is expected to provide more clues about the path of interest rates globally. The pan-European Stoxx 600 rose 0.5 percent, with mining and auto stocks leading the gains, …

Investors are still analyzing the most recent US employment statistics. Chinese consumer and producer price index data for March will be made public on Tuesday in anticipation of the US CPI on Wednesday. Easter Monday saw the US Dollar Index (DXY) continue to improve and rise, reaching a weekly high …

According to the Federal Reserve Bank of New York President “Financial system troubles that drove the central bank to provide large amounts of credit to banks is not collateral damage from the Fed’s aggressive effort to lower inflation.”John Williams, who is also Fed’s Vice Chairman of the FOMC Committee, said …

Most observers and analysts assert that proposals for de-dollarization can undoubtedly be detrimental to the US dollar. Once regarded as the sole currency for international trade, the American dollar is losing its appeal and being supplanted by other currencies. The United States today faces a growing wave of global de-dollarization …

The monthly employment report from the United States was sufficient to resurrect worries about economic growth and the possibility of entering a recession. After a long weekend, Australia will announce Westpac Consumer Confidence.The AUD/USD pair falls for a sixth day in a row close to the 0.6600 level. After Wall …