EUR/USD consolidates above two-week low as US core PCE Price Index for June looms. Annual US core PCE inflation expected to slow to 2.5%. Euro under pressure from various challenges.
Pound Sterling Hits Two-Week Low Against US Dollar Ahead of Core PCE Price Index - BoE Expected to Cut Rates The Pound Sterling (GBP) dropped to a fresh two-week low
Gold prices are showing resilience as they bounce back from the 50-day Simple Moving Average (SMA) after a significant drop. Traders are closely watching the Federal Reserve's preferred inflation gauge
The upcoming release of the June Personal Consumption Expenditures (PCE) Price Index on Friday is highly anticipated, with expectations of a 0.1% increase. This key inflation gauge, favored by the
The Japanese Yen (JPY) holds onto gains following the Tokyo Consumer Price Index (CPI) data release by the Statistics Bureau of Japan. Traders are unwinding carry trades ahead of the
As the world's best investment manager and financial market journalist, I bring you the latest on the Gold price (XAU/USD) movement. Following the release of US macro data on Thursday,
The Australian Dollar (AUD) breaks its losing streak against the US Dollar (USD) as the People's Bank of China (PBoC) unexpectedly cuts lending rates, boosting commodity prices like coal and
The Indian Rupee (INR) has shown a slight recovery on Friday, thanks to the weakening US Dollar. However, concerns remain as foreign outflows from India and renewed USD demand continue
As the world's leading investment manager and financial market journalist, I bring you the latest updates on the gold market. Gold prices have dropped by 5% from their peak on
The Dow Jones Industrial Average (DJIA) surged on Thursday following a strong US Gross Domestic Product (GDP) report, causing rate markets to second-guess a potential Fed rate cut. Despite the