Forex Market

The British pound weakened on Wednesday, falling against both the U.S. dollar and the euro, after official data showed that U.K. inflation unexpectedly held steady in September, rather than rising as markets had anticipated. The Consumer Price Index (CPI) remained at 3.8% for the third consecutive month, according to the …

Gold prices steadied in Asian trading on Wednesday, recovering slightly from steep overnight losses as easing U.S.-China trade tensions and expectations for progress in global trade talks curbed demand for safe-haven assets. At 04:21 GMT, spot gold edged 0.1% higher to $4,127.95 per ounce, bouncing from an earlier session low …

U.K. inflation remained unchanged in September, easing pressure on the Bank of England (BoE) ahead of its November policy meeting, although the rate still sits nearly double the central bank’s target. According to data from the Office for National Statistics (ONS), annual CPI rose 3.8%, matching readings from July and …

Global financial markets saw a significant shift as the US Dollar (USD) staged a solid comeback, enjoying its third consecutive daily rise. This recovery was fueled by a notable reduction in anxiety surrounding international trade disputes and concerns about US credit risk. The Dollar’s strength was apparent, even as returns …

Bond traders are increasingly positioning for a deeper decline in U.S. Treasury yields, even after the 30-year yield fell to its lowest level in six months. The market’s tone has turned decisively bullish as investors brace for prolonged political and economic uncertainty driven by the continuing government shutdown, which is …

Gold prices fell sharply this week after briefly touching record highs, as renewed optimism over global trade and a stronger U.S. dollar prompted investors to take profits. The precious metal, which has been on an impressive rally, dropped back after testing highs, signaling a pause in its upward momentum.The pullback …

The U.S. central bank is widely expected to lower its benchmark interest rate twice more before the end of the year, signaling a shift in focus toward supporting the job market despite lingering inflation concerns. This forecast, gathered from a recent survey of economic experts, suggests a quicker pace of …

Canada’s Consumer Price Index (CPI) edged higher in September, signaling a modest uptick in inflation and complicating the outlook for future monetary policy decisions by the Bank of Canada (BoC). According to Statistics Canada, the CPI rose 2.4% year-on-year, accelerating from 1.9% in August and slightly exceeding market expectations. On …

Gold prices retreated from record highs in Asian trading on Tuesday, pressured by profit-taking and early signs of easing U.S.–China trade tensions that weakened demand for the metal’s safe-haven appeal. At 02:27 ET (06:27 GMT), spot gold slipped 0.8% to $4,322.95 per ounce, retreating from Monday’s all-time high of $4,381.21. …

The US Dollar (USD) is currently mired in a period of intense uncertainty, trapped between two powerful, contradictory forces. On one side, the market faces a near-total information void from the Federal Reserve, which is deep into its mandated “blackout period” ahead of its upcoming policy meeting on October 28-29. …