European Central Bank (ECB) Governing Council member Christodoulos Patsalides said on Friday that there is currently no need for the ECB to lower interest rates further to deliver stable inflation. Key quotesSensible to keep … [Continue reading]
Australian Dollar climbs amid improved market sentiment
Australian Dollar appreciates as market sentiment improves amid Fed rate cut bets.The AUD receives support as the RBA is expected to leave policy unchanged in September.Traders await the release of the Michigan Consumer Sentiment Index for September, … [Continue reading]
USD/CHF eases as Greenback declines amid Fed rate cut expectations
USD/CHF pared away near-term gains, testing back into recent lows.The Fed is still on pace to deliver an interest rate cut next week despite another uptick in CPI inflation.The SNB is battling rate cut expectations of its own, with markets weighing … [Continue reading]
United States 30-Year Bond Auction down to 4.651% from previous 4.813%
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]
ECB Press Conference: Lagarde comments on policy outlook after holding rates steady in September
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the September policy meeting and responds to questions from the press.Join our ECB Live Coverage here[embedded content]This … [Continue reading]
Meme Coins Price Prediction: Dogecoin confirms uptrend, reviving Shiba Inu, Pepe
Dogecoin extends recovery ahead of DOJE ETF launch. Shiba Inu crosses above the 100-day EMA, targeting further gains to the 200-day EMA. Pepe reclaims the key $0.00001000 psychological level, facing opposition from crucial moving … [Continue reading]
USD/CAD remains steady above 1.3850, Fed rate cut pricing caps upside
USD/CAD may lose ground as the US Dollar could struggle as softer PPI boosts Fed easing prospects for September.Traders await August US Consumer Price Index data, which could increase odds for a bumper Fed rate cut next week.The Bank of Canada is … [Continue reading]
USD/CAD holds firm above 1.3850 as traders pile into BoC rate cut bets
USD/CAD strengthens near 1.3860 in Thursday’s early Asian session.Traders piled into bets that the BoC is set to cut rates soon.US PPI fell 0.1% MoM in August, softer than expected. The USD/CAD pair gains ground for a second consecutive day … [Continue reading]
Canadian Dollar falls once again as Loonie support withers
The Canadian Dollar fell another 0.15% on Wednesday.The Loonie continues to decline against the Greenback.Fed rate cut bets continue to ride high, while economic fears weigh on CAD.The Canadian Dollar eased further on Wednesday, declining around … [Continue reading]
United States Wholesale Inventories came in at 0.1%, below expectations (0.2%) in July
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]