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Forex

Australian Dollar dips as US Dollar strengthens on rate outlook
The Australian Dollar extends losses despite growing odds of an RBA rate hike as early as February. Australia’s Consumer Inflation…
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Forex

USD/CHF consolidates around 0.7950 as investors await US inflation data
USD/CHF trades flat around 0.7950 ahead of the US CPI data for November. US President Trump stated that the new…
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Markets

US Dollar Index (DXY) flat lines below mid-98.00s as traders await US inflation data
USD struggles to attract any follow-through buying amid dovish Fed expectations. Traders also seem reluctant to place aggressive bets ahead…
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Forex

USD/CAD holds near 1.3800 amid market caution ahead of US CPI data
USD/CAD maintains its position as traders adopt caution ahead of the delayed US Consumer Price Index report. Fed’s Waller said…
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Metals

XAG/USD moves away from all-time peak, slides below $66.00 mark
Silver drifts lower on Thursday and erodes a part of Wednesday’s gains to the all-time peak. The overbought RSI on…
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Forex

EUR/USD Price Forecast: Could test 1.1750 amid strengthening bullish bias
EUR/USD may approach the two-month high of 1.1804. The 14-day Relative Strength Index stands at 67.47, indicating strong upside momentum.…
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Economics

US CPI data set to show inflation remained well above Fed target in November
The US Consumer Price Index is forecast to rise 3.1% YoY in November, slightly higher compared with September. The inflation…
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Markets

Gold loses momentum as traders book profits, US CPI data in focus
Gold price loses ground in Thursday’s early European session, pressured by profit-taking and a stronger US Dollar. Fed rate cut…
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Forex

AUD/JPY Price Forecast: Edges lower below 103.00, but stays supported above 100-day EMA
AUD/JPY drifts lower to near 102.70 in Thursday’s early European session. The cross keeps the bullish vibe above the key…
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Forex

EUR/JPY hovers near 183.00 amid concerns over Japan’s deteriorating fiscal outlook
EUR/JPY holds steady as the Japanese Yen stays under pressure amid concerns over Japan’s weakening fiscal outlook. Japan’s PM Sanae…
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