The EUR/USD is drifting towards the 1.1000 major handle once more after failing to capture the key technical level last week.
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GBP/USD rebounds strongly amid Fed rate cut speculations, rises above 1.2700
The GBP/USD snapped two days of losses and rallies during the mid-North American session on Tuesday, gaining more than 0.70% after bouncing off daily lows of 1.2632.
Fed’s Bostic: Policy will need to be resolute and patient
Atlanta Federal Reserve (Fed) President Raphael Bostic said on Tuesday that he expects inflation to continue to come down slowly and unevenly.
Gold Price Forecast: XAU/USD surge as Fed rate cut expectations weaken US Dollar
Gold price advanced steadily in the mid-North American session on Tuesday as the US Dollar and Treasury yields slumped due to market participants continuing to price in the US Federal Reserve (Fed) would lower borrowing costs next year.
AUD/USD rises on hawkish RBA December minutes
During Tuesday's session, the AUD/USD pair had a notable rally and jumped towards 0.6770.
Elliott Wave technical analysis [Video]
Stock market Elliott Wave analysis and trading strategies: NASDAQ 100, Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL) Stock Market Summary: Expect a smaller move to the upside that can be short lived.
UK CPI Preview: Forecasts from four major banks, inflation to ease further
The United Kingdom will release the Consumer Price Index (CPI) data on Wednesday, December 20 at 07:00 GMT and as we get closer to the release time, here are the forecasts by the economists and researchers of four major banks regarding the upcoming UK inflation print.
CAD to underperform alongside USD – MUFG
USD/CAD has declined to close to fair value. Economists at MUFG Bank analyze the pair’s outlook.
Window for further USD weakness against the EUR and GBP could prove short-lived – MUFG
USD suffers worst sell-off since July but will downward momentum be sustained this time around? Economists at MUFG Bank are sceptical that this US Dollar sell-off can be sustained.
Fed's Barkin: If inflation comes down as expected, Fed will respond
In an interview with Yahoo Finance on Tuesday, Richmond Federal Reserve Bank President Thomas Barkin said that the Federal Reserve would "act appropriately" if inflation comes down as expected, per Reuters.