Tag: Interest rates
Gold Prices Drop Following Dovish Remarks by Powell
Gold prices experienced a decline of 0.28% in response to Federal Reserve Chair Jerome Powell's remarks at a European Central Bank forum. Powell, adopting...
Fed’s Progress on Inflation and Need for Confidence Before Cutting Rates
Federal Reserve Chair Jerome Powell recently addressed the progress made on inflation and the cautious approach needed before considering cutting interest rates. During a...
Eurozone Inflation Deceleration Stalled: Analysis and Forecast
Eurozone inflation has been holding steady, with the CPI standing at 2.5% year on year, remaining within the range of 2.4% to 2.6% for...
Eurozone Inflation Forecast: Slowing Down – ING
The Euro (EUR) experienced a relief rally after the French election results met expectations. However, the rally lost momentum on Monday as doubts emerged...
Eurozone CPI Slowed to 2.5% in June, Core Unchanged at 2.9% – Market Update
Eurozone CPI, which measures the change in prices of goods and services, experienced a slight slowdown in June. The year-over-year increase in CPI dropped...
US Yields Continue to Rise in Forex Markets on July 1: Forexlive Recap
US Treasury yields continued to rise in the forex markets on July 1, with the NASDAQ index starting strong and closing at a record...
Forex Market Analysis: Weekly Outlook (01-05 July)
This week in the forex market, there are several key events and data releases to keep an eye on. On Monday, we have important...
Australian Dollar Strengthens as RBA Hawkishness Outweighs Weak US PCE Data
The Australian Dollar (AUD) saw a rise against the US Dollar following a decrease in US inflation in May. This unexpected reduction in inflation...
Cleveland Fed Reports 0.2% Monthly Increase in PCE Inflation
The Cleveland Federal Reserve has reported a 0.2% monthly increase in PCE inflation. This means that prices for goods and services have gone up...
Fed Inflation Report: What to Expect on Friday
The Commerce Department is set to release a key economic report on Friday that could bring some positive news on inflation. The personal consumption...