Will 2024 be a good year for the dollar given that most economists believe that the Fed will end its tightening cycle in March? If the Fed officials move from raising interest rates to lowering them, this could be a turning point in the dollar's upward trend. However, events can develop unpredictably: inflation is declining […]
Blogs
South Korea Service Sector Output climbed from previous -0.9% to -0.1% in November
South Korea Service Sector Output climbed from previous -0.9% to -0.1% in November
South Korea Industrial Output Growth came in at 3.3%, above forecasts (1%) in November
South Korea Industrial Output Growth came in at 3.3%, above forecasts (1%) in November
South Korea Industrial Output (YoY) came in at 5.3%, above forecasts (3%) in November
South Korea Industrial Output (YoY) came in at 5.3%, above forecasts (3%) in November
AUD/USD extends its upside below 0.6850 amid thin holiday trading
The AUD/USD pair extends its upside and faces a resistance level near 0.6850 during the early Asian session on Thursday.
USD/JPY drops through 142.00 as US Dollar sells off
The USD/JPY fell nine-tenths of a percent on Wednesday as the market leans into bets that the Federal Reserve (Fed) will get pushed into a faster pace of rate cuts in 2024, with some investors expecting rate cuts to begin as soon as next March.
United States API Weekly Crude Oil Stock climbed from previous 0.939M to 1.837M in December 22
United States API Weekly Crude Oil Stock climbed from previous 0.939M to 1.837M in December 22
Gold Price Forecast: XAU/USD leaps high amid dovish Fed bets, US yields hit multi-month lows
In Wednesday's session, the XAU/USD Gold Spot price jumped towards $2,070, marking a 0.50% gain.
Mexican Peso ekes out minor gains as markets warm up post-holidays
The Mexican Peso (MXN) is seeing choppy markets amidst post-holiday volume constraints but sticking close to recent highs as markets continue to lean into rate cut expectations from the Federal Reserve (Fed).