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GBP/USD trades in a narrow range below 1.2700, US GDP data looms

The GBP/USD pair trades in a tight range below the 1.2700 psychological mark during the early Asian session on Wednesday. ....

United Kingdom , Dave Ramsden , Boe Catherine Mann , Durable Goods Orders , Consumer Confidence Index , Catherine Mann , Goods New Orders , Confidence Index , Conference Board , Consumption Expenditure Index , Deputy Governor Dave Ramsden , Domestic Product Annualized , Goods Trade ,

Australian Monthly CPI comes in at 3.4% YoY in January vs. 3.5% expected

Australia’s monthly Consumer Price Index (CPI) arrived at 3.4% in the year to January 2024, compared to the annual increase of 3.4% seen in December, the Australian Bureau of Statistics reported on Wednesday. ....

Services Pmis , Reserve Bank , Australian Dollar , Quantitative Easing , Australian Dollars ,

NZD/USD oscillates in a narrow range below 0.6200 ahead of RBNZ rate decision

The NZD/USD pair oscillates in a narrow trading range above the mid-0.6100s during the early Asian session on Wednesday. ....

New Zealand , Adrian Orr , Reserve Bank , Fed Governor Bowman , Kansas City Fed President Schmid , Interest Rate Decision , Official Cash Rate , New Zealand Dollar , Federal Reserve , Domestic Product Annualized , Goods Trade Balance , Personal Consumption Expenditures Index ,

Twiddling thumbs ahead of a US data barrage

On Tuesday, U.S. stocks ended the day with little change, as investors remain grounded ahead of critical economic data, including the Federal Reserve preferred inflation gauge, which is expected to shed some light on the timing of the first Fed cut. ....

Federal Reserve , Organization Of The Petroleum Exporting Countries , Bitcoin Trust , Consumer Price Index , Producer Price Index , Personal Consumption Expenditures , Wall Street , Shares Bitcoin Trust , Petroleum Exporting Countries ,

Australian Dollar depreciates amid an improved US Dollar ahead of US GDP Annualized

The Australian Dollar (AUD) faces challenges following the release of cooler-than-anticipated Monthly Consumer Price Index (CPI) data from Australia on Wednesday. ....

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