The Australian Dollar depreciates as the Unemployment Rate rises to 4.0% in December. Australia’s Employment increased by 56.3K in December, up from 28.2K in November. US Retail Sales could increase by 0.6% month-over-month in December, … [Continue reading]
Breaking: Australia’s Unemployment Rate increases to 4.0% in December vs. 4.0% expected
Australia’s Unemployment Rate rose to 4.0% in December from 3.9% in November, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in line with the market consensus of … [Continue reading]
Gold rises as US yields tumble in aftermath of US CPI release
Gold extends gains as US core inflation was better than expected, sparking a drop in Treasury yields. Traders now anticipate the Fed might cut rates by 40 basis points by the end of 2025, adjusting market expectations. Potential tariffs by the … [Continue reading]
US Dollar off the lows with dust settling over CPI releases
The US Dollar faces a near 1% loss for this week thus far. The December CPI release came in a touch softer as projected, triggering a surge in Risk On sentiment. The US Dollar Index (DXY) snaped below 109.00 and is looking for … [Continue reading]
EUR/USD clings to gains ahead of US inflation
EUR/USD locks in key resistance of 1.0300 after recovering from over a two-year low of 1.0175, with the US CPI data for December in focus. The US Dollar faces pressures after softer-than-expected US PPI data for December. ECB’s Holzmann expects the … [Continue reading]
Japanese Yen bulls regain control on BoJ Governor Ueda’s hawkish remarks, intervention fears
The Japanese Yen attracts fresh buyers in reaction to BoJ Governor Ueda's hawkish remarks. Intervention fears also underpin the JPY and weigh on USD/JPY amid subdued USD demand. The risk-on mood and the recent widening of the US-Japan … [Continue reading]
South Korea Trade Balance unchanged at $6.49B in December
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
NZD/USD Price Analysis: mild bounce overshadowed by multi-year lows
NZD/USD edges up 0.11% on Tuesday, hovering near 0.5600 after a brief recovery attempt. MACD histogram shows decreasing green bars, pointing to limited follow-through despite the rebound. The NZD/USD pair gained modestly on Tuesday, inching up to … [Continue reading]
Gold Price Forecast: XAU/USD pressures intraday highs as mood sours
XAU/USD Current price: $2,672.99 The United States Producer Price Index rose by less than anticipated in December. Speculative interest continues to trade on sentiment and Donald Trump’s headlines. XAU/USD ticks higher as the sentiment deteriorates, … [Continue reading]
EUR/USD struggles as US Dollar remains firm with US inflation in focus
EUR/USD faces pressure in extending recovery above 1.0270 as the US Dollar rebounds. President-elect Donald Trump’s policies are expected to boost US inflation and growth. ECB’s Rehn sees monetary policy restrictions concluding by mid-summer. … [Continue reading]