FOMC Prepares to Steal the Trading Floor Inflation kept rising at abnormal levels in the US as consumer prices increased another 0.6% month-on-month, the November CPI figures showed last Friday. While this adds
All Eyes on Friday’s CPI Since Fed’s U-Turn As the new virus continues to raise uncertainty for global economies Fed's Chair decided to shift the rhetoric from transitory to hawkish, indicating that the
What rollercoaster gold prices have been on recently amid the new Omicron variant and throughout the year. Gold rallied from a low of $1676 in Febreuary to a May high of $1916. It
Investors Eye Wage Growth for Hints at Inflation Admittedly, investors' quest for safety transpired in the markets last week as the Omicron variant shook every last bit of confidence away ahead of Christmas.
Lagarde and Covid Cases Dent Euro Sentiment Euro continued to fall towards the end of last week despite dollar stalling as ECB's Lagarde reaffirmed to investors that the bank would not tighten as
EURUSD Hangs Primarily on US Data LAST WEEK, the US dollar soared to a 16-month high against the euro, following a CPI read economists have not seen in 30 years. The US consumer
NZDUSD crushes on new covid-19 cases. NZDUSD falling strongly today under the effect of the powerful bearish new Zeeland dollar sentiment – as the markets are reacting to the latest report showing that
Oil falls in weaker projected demand from China. Oil under the bearish pressure today - falling more than 1%, after official report showed that refining throughput and economic activity slowed in China, which
Gold rises on safe-haven inflows. Gold continues to rise today – largely under the effect of the safe-haven demand from the investors worried about the continued spread of the virus across Asia. Asian
AUDUSD falls on risk-off sentiment. AUDUSD under the bearish pressure today – under the effect of the significant Australian dollar bearishness and mild USD bullishness as the markets are currently in the risk-off
