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Forex

GBP/USD gains ground above 1.3400 as US PCE inflation data support Fed rate cut bets
GBP/USD gains traction around 1.3415 in Monday’s early Asian session. Softer US PCE inflation fueled confidence in further Fed monetary easing. …
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Forex

USD/CHF falls to near 0.7950, awaits updates on US government shutdown risks
USD/CHF loses ground as the Greenback extends its losses due to US government shutdown risks. The US August inflation report…
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Forex

NZD/USD strengthens above 0.5750 on growing risk of US government shutdown
NZD/USD gains momentum around 0.5770 in Monday’s Asian session. A possible government shutdown could undermine the US Dollar. Analysts noted…
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Forex

EUR/USD gains above 1.1700 due to rising Fed rate cut bets
EUR/USD gains ground as the US Dollar weakens on increasing odds of further Fed rate cuts. US Personal Consumption Expenditures…
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Metals

XAG/USD holds gains above $46.50 due to Fed rate cut bets
Silver price reached a fresh 14-year high of $46.64 on Monday. The US August inflation report increased the likelihood of…
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Energies

WTI aims to resume upside journey on the back of Fed dovish bets
The Oil price attracts slight bids at open on Monday as the US Dollar extends its corrections. The OPEC+ is…
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Forex

USD/CAD remains below 1.3950 after pulling back from four-month highs
USD/CAD retreated after reaching a four-month high of 1.3958 on Friday. The US Dollar struggles as the August inflation report…
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Markets

US Dollar Index attracts some sellers below 98.00 as US government risks shutdown
US Dollar Index tumbles to near 97.95 in Monday’s Asian session. Trump will meet with the top leaders in Congress later…
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Forex

Australian Dollar rises as US Dollar depreciates on Fed rate cut bets
Australian Dollar advances as RBA is widely expected to keep its interest rates unchanged on Tuesday. Australia posted a budget…
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Markets

Gold climbs to record high above $3,800 as US inflation data fuels Fed rate cut hopes
Gold price drifts higher to a fresh all-time high in Monday’s Asian session. The US PCE price index rose 2.7%…
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