Page 29 - Simple Moving Average News Today

The US Dollar (USD) is accelerating the trimming of its weekly gains, which got booked on Tuesday in the aftermath of the red hot inflation report. Several analysts and economists were quick to write off the report as a one-off, with even US Federal

Mexican Peso is virtually unchanged against the US Dollar on Thursday following a softer retail sales report from the United States (US), an indication that higher interest rates impact consumer spending.

The Canadian Dollar (CAD) found itself on the high side of the US Dollar (USD) on Thursday after US Retail Sales missed expectations and shrank in January.

EUR/USD gained ground on Thursday, extending a rebound from the 1.0700 handle after the pair flubbed technical levels earlier in the week.

The Australian dollar moved further up and surpassed the key 0.6500 barrier vs.

Gold price is flirting with the lowest level in two months near $1,990 early Wednesday, consolidating the previous day’s steep sell-off.

West Texas Intermediate (WTI) US Crude Oil climbed for a seventh consecutive day on Tuesday, testing the $78.00 per barrel price handle before settling near $77.40.

The US Dollar (USD) has thrown a few good punches at the markets with a substantial rally midweek, though does not look to be continuing this Wednesday ahead of the US opening bell. The move came on the back of surprise upticks in US

The Canadian Dollar (CAD) churns on Wednesday as markets continue to digest Tuesday’s harsh shift in rate cut expectations after US inflation came in hotter than investors were hoping.

Gold price (XAU/USD) remains depressed below the $2,000 psychological mark and touches a fresh two-month low during the Asian session on Wednesday.