Silver price is dropping close to 1.50% on Thursday. July’s US CPI and PPI inflation reports show signs of topping; however, Fed officials remained hawkish. Traders’ focus shifts toward the …
Silver Price Forecast: XAGUSD eyes a break below the 50-DMA as US bond yields rally Read More
The NZD/USD advances for the second straight day, up in the week by 3.03%. The US PPI for July rose by 9.8% YoY, less than estimates and last month’s reading. …
NZD/USD rises towards the 100-DMA on US inflation showing signs of softening Read More
USD/CAD extended its losses for the second straight day as sellers eye a break of the 200-DMA. July’s US inflation reports show signs of peaking, with CPI at 9% YoY …
USD/CAD battles the 200-DMA after US PPI decelerates Read More
The GBP/USD drops almost 0.05% amidst a risk-off impulse while the US dollar weakens. US prices paid by producers easied, while unemployment claims jumped for the second consecutive week. GBP/USD …
GBP/USD retraces from weekly highs, approaches 1.2200 Read More
“China’s war games around Taiwan have led Biden administration officials to recalibrate their thinking on whether to scrap some tariffs or potentially impose others on Beijing, setting those options aside …
Sources: US rethinks steps on China tariffs in wake of Taiwan response Read More
Silver price edged up 0.57% on Wednesday after US inflation eased from 4-decade highs. US inflation annually decelerated from above 9% as gasoline prices dropped. Fed’s Evans and Kashkari expect …
Silver Price Forecast: XAGUSD hangs around $20.60s, unable to rally despite US dollar weakness Read More
The NZD/USD is advancing more than 2% on Wednesday, courtesy of broad US dollar weakness. Investors’ mood shifted positively once US inflation cooled down, while traders expected a less aggressive …
NZD/USD surges towards the 100-DMA post US soft CPI, on risk-on mood Read More
The USD/CHF is recording its biggest daily fall since June 15, down 1.16%. The pair refreshes multi-month lows, just below the 0.9400 figure. US headline inflation eases to 8.5% YoY, …
USD/CHF tanks and refresh 4-month lows below the 200-DMA Read More
USD/CAD plummets after hitting a daily high near the 1.2900 mark. July’s US Consumer Price Index (CPI) slows to 0% MoM. Despite US inflation data, ING Analysts expect the Fed …
USD/CAD plunges and refreshes 2-month lows as US inflation cools down Read More
US CPI Overview Wednesday’s US economic docket highlights the release of the critical US consumer inflation figures for July, scheduled later during the early North American session at 12:30 GMT. …
When is the US consumer inflation (CPI report) and how could it affect EURUSD? Read More