Gold Under Pressure as Hotter US Inflation, Rising Treasury Yields Boost Dollar
Gold prices are facing renewed selling pressure this week as hotter-than-expected US inflation data and a corresponding surge in Treasury yields have strengthened
Forex News
Forex News
US Inflation Accelerates in April as Consumer Price Index Surges, Dollar Strengthens
The United States Consumer Price Index (CPI) rose sharply in April, exceeding market expectations and triggering a significant rally in the US Dollar.
Forex News
EUR/GBP Price Forecast: Bulls Challenge 100-Day SMA as UK Political Turmoil Weighs on Pound
The EUR/GBP currency pair has seen renewed buying interest this week, with bulls pushing the exchange rate toward a key technical barrier: the
Forex News
ADP Employment Data: 4-Week Average Edges Up to 33K, Indicating Steady Hiring Pace
The latest ADP Employment Change report shows that the 4-week moving average of private sector job additions has increased to 33,000. This figure,
Forex News
Japanese Yen Intervention Risk Stays Elevated, MUFG Warns
MUFG Bank has issued a fresh warning that the risk of Japanese authorities intervening in the foreign exchange market to support the yen
Forex News
US CPI Inflation Rises to 3.8% in April, Topping Forecasts and Reshaping Rate Cut Expectations
The U.S. Bureau of Labor Statistics reported Wednesday that the Consumer Price Index (CPI) rose to an annual rate of 3.8% in April,
Forex News
Euro Stays Below 1.1750 as Markets Brace for US CPI Release
The euro remained under pressure on Tuesday, trading just below the 1.1750 mark against the U.S. dollar, as currency markets adopted a cautious
Forex News
Rising Oil Prices Test India’s Forex Defence: BNY Analysis
The Indian rupee is facing renewed pressure as global crude oil prices climb, prompting a strategic reassessment of the country’s foreign exchange defence
Forex News
Sterling Slides as Political Pressure on Starmer Intensifies Ahead of CPI Data
The British pound weakened against major currencies on Tuesday, extending its recent decline as political pressure mounted on UK Prime Minister Keir Starmer.
Forex News
U.S. Dollar Rallies as Middle East Tensions Drive Safe-Haven Rush
The U.S. dollar strengthened broadly on Tuesday, extending its recent gains as escalating military confrontations in the Middle East prompted investors to seek
