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The Standard & Poor’s (S&P) 500 major equity index climbed on Thursday to chew through late Wednesday’s losses as investor risk appetite surged higher after US inflation figures came in below expectations, ramping up investor hopes of a faster, deeper pace of rate hikes from the Federal Reserve (Fed) in 2024.
The EUR/GBP is seeing a welcome break from ongoing Euro (EUR) selling, rebounding a modest two-tenths of a percent against the Pound Sterling (GBP) on Monday.
At the time of writing, the USD/JPY pair is trading near the 150.00 area, 1% above its opening price, after reaching a daily low of 138.05. The U.S.
The USD/CAD reclaims the 1.3600 mark after dropping to a daily low of 1.3524. The pair tested the 50-day Exponential Moving Average (EMA) at 1.3532 be
West Texas Intermediate (WTI), futures on NYMEX, is displaying back-and-forth moves around $80.50 in the early Asian session. The black gold is displa