Blogs

The GBP/USD is on the high side amidst some rough chop in the US market session, holding above the 1.2700 handle the pair reclaimed during the European trading window after the UK reported better-than-expected Retail Sales in November.

Economists at HSBC retain a USD bullish view for 2024. USD likely to be on the defensive in the near term The USD is likely to be on the defensive in the near term, but we think the headwinds from yield differentials to the USD may not be large, as the Fed will likely be […]

During the American session, the AUD/USD pair rose to 0.6824, reaching its highest intraday level since July, driven by broad-based Dollar weakness.

As 2023 is coming to an end, it is time to take a look at 2024.

The US Dollar (USD) is facing increasing selling pressure as investors are increasingly pricing in interest-rate cuts for early 2024. Markets are opting to ignore remarks and warnings from several US Federal Reserve officials, who are trying to play

United States New Home Sales Change (MoM) down to -12.2% in November from previous -5.6%

United States UoM 5-year Consumer Inflation Expectation came in at 2.9%, above forecasts (2.8%) in December

United States New Home Sales (MoM) registered at 0.59M, below expectations (0.685M) in November

United States Michigan Consumer Sentiment Index came in at 69.7, above expectations (69.4) in December

The Gold price is set to benefit from easing monetary policy, elevated geopolitical risks and strong central bank purchases in 2024, strategists at ANZ Bank report.