The New Zealand Dollar (NZD) registered minor gains of 0.10% on Thursday after seesawing in a volatile session following the release of US inflation data.
Blogs
Dow Jones Industrial Average Forecast: DJIA closes up despite Thursday sell-off caused by higher CPI
The Dow Jones Industrial Average (DJIA) dipped on Thursday after the US Consumer Price Index (CPI) release for December showed headline inflation drifting higher.
Euro cycles in rough trading, knocked around by post-CPI momentum
The Euro (EUR) fell back against the US Dollar (USD) in the US market session after US Consumer Price Index (CPI) inflation figures broadly arrived higher than market forecasts, taking a chunk out of the Euro’s overall positive lean to the day.
Swiss Franc strengthens against US Dollar after dovish comments by Fed's Goolsbee
The Swiss Franc (CHF) falls marginally against the US Dollar (USD) on Thursday after the release of mostly higher-than-expected US inflation data.
US Dollar clears gains after dovish Fed's Goolsbee
The US Dollar (USD) Index has climbed to 102.60 as financial markets continue to grapple with the release of a hot US Consumer Price Index (CPI) report from December, which came in higher than expected.
EUR/JPY Price Analysis: Bulls consolidate gains after hitting highs since early December
In Thursday's session, the EUR/JPY declined slightly. A bullish outlook dominates the daily charts, showing signs of bulls gaining ground.
WTI whips in frothy energy markets, briefly climbs to $73.80 after Iran captures oil tanker
West Texas Intermediate (WTI) US Crude Oil jumped on Thursday after Iran announced the capture of a civilian oil tanker in the Gulf of Oman early in the day.
Canadian Dollar gets swamped on Thursday as US CPI-inspired markets look elsewhere
The Canadian Dollar (CAD) is mostly lower on Thursday as broader markets pivot into safe haven currencies after US inflation from the Consumer Price Index (CPI) ticked broadly higher than markets were expecting, widening the gap between market hopes of a March rate cut and the Federal Reserve’s (Fed) current stance.
Mexican Peso rallies to two-day high as US inflation frenzy dissipates
The Mexican Peso (MXN) extended its losses for a third consecutive day against the US Dollar (USD) on Thursday following a hotter-than-expected inflation report in the United States.
Fed's Goolsbee: 2023 a “hall-of-fame” year for reducing inflation
President of the Federal Reserve (Fed) Bank of Chicago Austan Goolsbee threaded the needle on Thursday, joining other Fed Presidents in making public observations about inflation following the US Consumer Price Index (CPI) inflation print earlier in the day.