Gold Forecast: Precious metal holds up as investors double down on Fed rate cut bets
Gold started the week under modest bearish pressure but managed to erase its losses ahead of the weekend.
Source: fxstreet.com
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Australian Dollar consolidates after upbeat Aussie trade surplus, focus shifts to US CPI
The Australian Dollar (AUD) gains upward traction for the second successive day on Thursday.
Source: fxstreet.com
ECB's De Cos: Euro area probably failed to grow at the end of 2023
The European Central Bank (ECB) Governing Council member Pablo Hernandez de Cos said on Wednesday that the euro area probably failed to grow in the final three months of 2023, per Bloomberg.
Source: fxstreet.com
Pound Sterling falls back amid uncertainty ahead of US Inflation, UK factory data
The Pound Sterling (GBP) has surrendered intraday gains as the market sentiment has been impacted amid volatility ahead of the United States Consumer Price Index (CPI) data, which will be published at 13:30 GMT.
United States United Kingdom Jeremy Hunt Andrew Bailey Pound Sterling United States Consumer Price Index
Source: fxstreet.com
US Dollar advances post CPI, Fed speakers
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.
New York United States Federal Reserve Bank Federal Reserve Us Bureau Of Labor Statistics Market Committee
Source: fxstreet.com
Australian Dollar grapples to surpass the psychological level despite a softer Aussie CPI
The Australian Dollar (AUD) retraces its recent losses despite a softer-than-expected Aussie consumer inflation data released on Wednesday.
United States Raphaelw Bostic Michellew Bowman Services Purchasing Managers Index While The Services Employment Index Zhongzhi Enterprise Group
Source: fxstreet.com
Gold holds onto gains as US Dollar softens ahead of US Inflation data
Gold price (XAU/USD) recovery stalls on Wednesday as investors shift focus to the United States inflation data for December, which will be released on Thursday.
Source: fxstreet.com
US Dollar steadies while traders fret over main event on Thursday
The US Dollar (USD) trades in a tight range with markets fretting over the upcoming US inflation numbers. Traders will want to stay out of the market ahead of the main event on Thursday when the US inflation will be printed in the form of the
United Kingdom United States New York John Williams Group Fedwatch Tool Mortgage Bankers Association
Source: fxstreet.com
US Dollar trades with slight losses as investors await fresh drivers
The US Dollar (USD) observed modest losses on Wednesday, trailing at 102.4 in the US Dollar Index, as market participants stick to the sidelines awaiting drivers.
Source: fxstreet.com
Australian Dollar stays calm after upbeat Retail Sales, focus shifts to Aussie CPI
The Australian Dollar (AUD) continues to gain ground, extending its gains for the third successive session on Tuesday.
South Carolina United States Loriek Logan Raphaelw Bostic Michellew Bowman Community Bankers Conference On
Source: fxstreet.com