Kansas Fed Manufacturing Index Slips to 17 in July as Expansion Moderates
The Federal Reserve Bank of Kansas City reported that its manufacturing index fell to 17 in July, down from 19 in June, indicating
Forex News
Forex News
TD Securities: Recent PCE Methodology Tweaks Seen as Marginal for Inflation Data
Analysts at TD Securities have assessed the recent methodological adjustments to the US Personal Consumption Expenditures (PCE) price index, concluding the changes are
Forex News
WTI Surges Over 5% as Deepening Middle East Tensions Fuel Supply Fears
West Texas Intermediate (WTI) crude oil prices rallied more than 5% in trading on [Date], as escalating military and political tensions in the
Forex News
ECB Slows Hiking Pace but Continues Tightening Cycle, Says Nordea
The European Central Bank (ECB) has continued its interest rate hiking cycle but at a reduced pace, according to a recent analysis by
Forex News
Lagarde Reveals Some ECB Policymakers Raised Possibility of a Rate Hike
European Central Bank (ECB) President Christine Lagarde disclosed on [Date of speech, e.g., Thursday] that during the latest monetary policy meeting, some members
Forex News
Euro Slips Against British Pound as ECB Holds Interest Rates Steady
The euro weakened against the British pound on Thursday, sliding lower after the European Central Bank (ECB) announced its decision to keep key
Forex News
Commerzbank Sees Slightly Brighter Outlook for Mexican Peso
Commerzbank has adjusted its outlook for the Mexican Peso (MXN) to a slightly more positive stance, citing supportive monetary policy and enduring demand
Forex News
Yen Slumps to 40-Year Low Against Dollar as PBOC Sets Yuan Reference Rate at Three-Year Trough
The Japanese yen has weakened to its lowest level against the US dollar in 40 years, while the People’s Bank of China (PBOC)
Forex News
US Dollar Index Upside Risks Remain as Treasury Yields Climb, BBH Says
The US Dollar Index (DXY) continues to face upside risks as Treasury yields climb, according to a recent analysis from Brown Brothers Harriman
Forex News
Gold Price Forecast: XAU/USD Pulls Back Below $4,100 as US Yields Rise
The price of gold retreated below the $4,100 mark during trading on [Date], as a rise in US Treasury yields weighed on the