Worried about Inflation, FOMC Supports Faster Tapering

The minutes of the Fed's meeting this month show growing support for the ta… Read more Worried about Inflation, FOMC Supports Faster Tapering

A series of solid US economic data, the dollar is getting stronger

US third-quarter 2021 GDP data, Weekly Jobless Claims, UoM Consumer Sentiment, … Read more A series of solid US economic data, the dollar is getting stronger

Support Powell 2 Periods, Dollar Stable Ahead of FOMC Minutes Release

The US dollar is relatively subdued ahead of a number of important publications… Read more Support Powell 2 Periods, Dollar Stable Ahead of FOMC Minutes Release

Sterling Ignores Rising UK PMI and BoE Comments

The prospect of a UK central bank (BoE) rate hike for December remains solid, b… Read more Sterling Ignores Rising UK PMI and BoE Comments

RBNZ Interest Rate Rises, Kiwi Dollar Slumps

The Central Bank of New Zealand raises interest rates by 25 basis points, howev… Read more RBNZ Interest Rate Rises, Kiwi Dollar Slumps

EUR/USD slump, held back from rising Eurozone PMI data

Manufacturing and services activity in the Eurozone reportedly rose in November… Read more EUR/USD slump, held back from rising Eurozone PMI data

Powell is trusted to lead the Fed for two periods, the dollar is getting more solid

The market responded positively to Powell's nomination to return to the pos… Read more Powell is trusted to lead the Fed for two periods, the dollar is getting more solid

Gold Prices Drop After Powell Re-nominated as Fed Chair

Gold prices are in free fall in response to the announcement of Jerome Powell&#… Read more Gold Prices Drop After Powell Re-nominated as Fed Chair

The Dollar Is Getting Stronger, Supported by The Fed's Hawkish And The Weakening Of The Euro

The US dollar strengthened further, based on the hawkish comments of Fed offici… Read more The Dollar Is Getting Stronger, Supported by The Fed's Hawkish And The Weakening Of The Euro

Japan Plans to Release Fuel Reserves, Oil Drops

Japan plans to release emergency fuel reserves at the request of the US to help… Read more Japan Plans to Release Fuel Reserves, Oil Drops

US Dollar Shines Amid Europe's COVID-19 Surge

The US dollar strengthened against major currencies due to increased expectatio… Read more US Dollar Shines Amid Europe's COVID-19 Surge

Austrian Lockdown Drowns Euro

The euro suddenly collapsed against the US dollar, Swiss franc, Japanese yen, a… Read more Austrian Lockdown Drowns Euro

Gold Price Slips, Markets Await The Fed's Confirmation

Gold prices fell amid a weak dollar. The market again hopes that the Fed will t… Read more Gold Price Slips, Markets Await The Fed's Confirmation

UK Inflation Hits Highest Level in a Decade

UK inflation expectations continue to soar, adding to the argument for a BoE ra… Read more UK Inflation Hits Highest Level in a Decade

Japan's Exports Slow, Yen Is Under Pressure

Japan's exports grew more slowly than expected due to a slump in car shipme… Read more Japan's Exports Slow, Yen Is Under Pressure

US Oil Inventories Rise, Oil Hesitates to Rally

Oil prices weakened to a limited extent in response to an increase in US oil in… Read more US Oil Inventories Rise, Oil Hesitates to Rally

Gold Prices Drop After US Retail Sales Report

Gold prices fell as the US Dollar rose, supported by US Retail Sales data. Gold… Read more Gold Prices Drop After US Retail Sales Report

US Retail Sales Rise Despite High Inflation, Dollar Appreciates

The increase in inflation did not seem to shake US Retail Sales, which recorded… Read more US Retail Sales Rise Despite High Inflation, Dollar Appreciates

UK unemployment rate drops, sterling strengthens

The decline in the UK unemployment rate also contributed to lifting the GBP/USD… Read more UK unemployment rate drops, sterling strengthens

Dovish Lagarde, EUR/USD at 16-month low

The ECB President reiterated that the regional inflation outlook remains low in… Read more Dovish Lagarde, EUR/USD at 16-month low

Gold Bullish Slows But Upward Trend Still Strong

Gold failed to add significant gains due to stronger yields and profit taking.… Read more Gold Bullish Slows But Upward Trend Still Strong

Pound Sterling Unsettled Ahead of a Busy Week of Agenda

The Monetary Policy Committee's (BoE's MPC) hearing with UK lawmakers t… Read more Pound Sterling Unsettled Ahead of a Busy Week of Agenda

Consumer Sentiment Slumps Due to Inflation, US Dollar Corrects

The University of Michigan reported its worst US consumer sentiment reading sin… Read more Consumer Sentiment Slumps Due to Inflation, US Dollar Corrects

China's Retail Sales Exceed Expectations, Factory Output Increases

China's retail sales reflect the still solid economic condition in the mids… Read more China's Retail Sales Exceed Expectations, Factory Output Increases