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Gold Price Forecast: XAU/USD poised to challenge record highs

Spot Gold traded as high as $2,955.18 a troy ounce on Thursday, a fresh all-time...

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Banxico Minutes: Weaker growth and lower inflation keep rate-cut bets alive

Banco de Mexico, also known as Banxico revealed its monetar policy minutes for the decision announced on February...

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Mexican Peso rebounds as Retail Sales beat forecasts, Banxico stays dovish

The Mexican Peso staged a comeback, rising over 0.23% against the...

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Dow Jones Industrial Average slides as markets digest mixed economic data and Fed remarks

The Dow Jones Industrial Average (DJIA), which measures the performance of 30 large-cap US stocks, fell sharply on Thursday, dropping more than 1.40% to...

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Forex Today: Itโ€™s PMIs day!

The US Dollar came under renewed and significant selling pressure, retreating to two-month lows even though the US tariff narrative remained unchanged and the Russia-Ukraine peace talks showed no signs of...

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Canadian Dollar strengthens after hot PPI figures

The Canadian Dollar appreciated against the Greenback on...

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US Dollar weakens asTrump hints at possible China trade deal, weak labor data

The US Dollar Index (DXY), which tracks the US Dollarโ€™s (USD) performance against six major currencies, extends its decline on Thursday, slipping near...

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NZD/USD Price Analysis: Bulls surge to back to highs since January, eyeing 100-day SMA retest

The NZD/USD pair staged an impressive rally on Thursday, climbing 1.03% to close at 0.5765, marking its highest point since...

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Gold price extended gains on trade war fears, soft US Dollar

Gold's price advanced late in the North American session yet traded off record highs of $2,954 as traders took...

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Australia's Judo Bank Manufacturing PMI rises to 50.6 in February, Services PMI improves to 51.4

The preliminary reading of Australia's Judo Bank Manufacturing Purchasing Managers Index (PMI) rose to 50.6 in February from 50.2 in January, the latest data published by Judo Bank and S&P Global showed on...

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RBAโ€™s Bullock: Board remains cautious about prospects for further policy easing

Reserve Bank of Australia Governor Michele Bullock said late Thursday that the central projection suggests that if monetary policy is eased too quickly or by too much, disinflation could stall and inflation would settle above the...

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Fedโ€™s Kugler: Central bank should hold policy rate in place for some time

Federal Reserve Board Governor Adriana Kugler said late Thursday that US inflation still has "some way to go" to reach the central bank's 2% target and that its path toward that goal continues to be bumpy, per...

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US exceptionalism losing its swagger

Thank the trading gods, itโ€™s Friday! This week has been a full-contact brawl of conflicting geopolitical twists, trade war skirmishes, and central banks playing a game of...

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Japanโ€™s National CPI climbs 4.0% YoY in January, Core CPI rises more than expected

Japanโ€™s National Consumer Price Index (CPI) climbed 4.0% YoY in January, compared to the previous reading of 3.6%, according to the latest data released by the Japan Statistics Bureau on...

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Japanโ€™s Kato: Higher long term rates can pressure Japan's fiscal situation

Japan's Finance Minister, Katsunobu Kato, said early Friday that higher long-term rates can pressure Japan's fiscal...

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PBOC sets USD/CNY reference rate at  7.1696 vs. 7.1712 previous

The Peopleโ€™s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1696 as compared to the previous day's fix of 7.1712 and 7.2433 Reuters...

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NZD/USD posts modest gains above 0.5750 ahead of US PMI release

The NZD/USD pair extends the rally to around 0.5765 during the early Asian session on Friday, pressured by the softer US dollar...

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BoJโ€™s Ueda: From a long-term perspective, rising rates will help improve financial institutions' profits

Bank of Japan (BoJ) Governor Kazuo Ueda said on Friday that โ€œfrom a long-term perspective, rising interest rates will help improve financial institutions' profits.โ€ Additional quotes BoJโ€™s massive monetary easing, including yield curve control (YCC), was a necessary process towards achieving our price...

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