New Zealand Dollar Slips as US Inflation Surprises; RBNZ Outlook in Focus
The New Zealand Dollar declined against its US counterpart on Wednesday after the latest US inflation data came in stronger than market expectations.
Forex News
Forex News
Dow Jones Futures Slide as February CPI Hits 3.8%, China Trade Trip in Focus
U.S. stock futures pointed lower on Wednesday morning after the release of February’s Consumer Price Index (CPI) data, which showed inflation running hotter
Forex News
Australian Dollar Slides as Hot US CPI Data Strengthens Fed’s Higher-for-Longer Stance
The Australian Dollar (AUD) weakened against the US Dollar (USD) on Wednesday, following the release of hotter-than-expected US Consumer Price Index (CPI) data.
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British Pound Under Pressure as Political Risks Mount, MUFG Warns
The British Pound continues to face headwinds as political risks in the United Kingdom weigh on investor sentiment, according to a new analysis
Forex News
Euro Slides Against Yen as Bessent’s FX Policy Remarks Fuel Yen Demand
The euro weakened against the Japanese yen on Thursday, extending its recent decline after U.S. Treasury Secretary Scott Bessent made remarks on foreign
Forex News
Gold Drops Below $4,700 as Strong US CPI Data Boosts Dollar and Yields
Gold prices fell sharply on Wednesday, slipping below the $4,700 per ounce mark, after the release of stronger-than-expected US Consumer Price Index (CPI)
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Japanese Yen Slips as US Inflation Surprise Lifts Dollar, Hawkish BoJ Caps Losses
The Japanese Yen edged lower against the US Dollar on Wednesday, retreating from recent gains as a stronger-than-expected US inflation reading fueled expectations
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Euro Set to Outperform Against Pound and Canadian Dollar, Says TD Securities
TD Securities has issued a new currency forecast, suggesting the euro is positioned favorably against both the British pound and the Canadian dollar
Forex News
Canadian Dollar Slides as Hot US Inflation Data Bolsters Hawkish Fed Stance
The Canadian Dollar weakened against its US counterpart on Wednesday, extending recent losses as stronger-than-expected US inflation data reinforced expectations that the Federal
Forex News
Copper Prices Hold Near Records Despite Iran Risks: Commerzbank
Copper prices remain elevated near historic highs, holding steady despite escalating geopolitical risks tied to Iran, according to a recent analysis from Commerzbank.
