Italy Industrial Sales s.a. (MoM) declined to -1% in November from previous 0.1%
Blogs
US Federal Reserve Decision Preview: Interest rates to remain unchanged, focus on rhetoric
The Federal Reserve (Fed) will announce the first monetary policy of 2024 on Wednesday, and market participants largely expect the Committee to leave the Fed Funds Target Range unchanged at 5.25%–5.50%.
EUR/NOK will move broadly sideways towards the summer – Nordea
Economists at Nordea analyze Norwegian Krone’s (NOK) outlook for the months to come.
Germany 10-y Bond Auction rose from previous 2.19% to 2.23%
Germany 10-y Bond Auction rose from previous 2.19% to 2.23%
India Federal Fiscal Deficit, INR up to 9822.78B in December from previous 9065.84B
India Federal Fiscal Deficit, INR up to 9822.78B in December from previous 9065.84B
Gold price awaits Fed policy and employment data for directional steer
Gold price (XAU/USD) remains sideways as investors await the Federal Reserve’s (Fed) first monetary policy of 2024 and the ADP Employment Change data for January.
The US Dollar could get a lift if the Fed pushes back on market expectations for cuts – Commerzbank
Michael Pfister, FX Analyst at Commerzbank, discusses how the Federal Reserve’s rate decision could impact the US Dollar (USD).
Greece Retail Sales (YoY) climbed from previous -6.3% to -5.2% in November
Greece Retail Sales (YoY) climbed from previous -6.3% to -5.2% in November
EUR may be biased to the downside unless the Fed takes a more dovish stance – OCBC
EUR/USD continues to drift a touch lower. Economists at OCBC Bank analyze the pair’s outlook.
Fed Preview: Dollar to stay bid as the message is one of patience – ING
The US Dollar (USD) stays resilient against its rivals. Economists at ING analyze Greenback’s outlook ahead of the Federal Open Market Committee (FOMC) event.