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US Core PCE Preview: Forecasts from seven major banks, inflationary pressure still too high

The Fed's preferred inflation gauge, the Core Personal Consumption Expenditure (PCE), will be released by the US Bureau of Economic Analysis (BEA) on Friday, March 29 at 12:30 GMT and as we get closer to the release time, here are the forecasts of economists and researchers of seven major banks.
New
update2024.03.29 00:57

USD/JPY stalls amid mixed market mood, intervention concerns

The USD/JPY remains subdued during the North American session, trading at 151.28, almost flat, amid renewed fears of Japan's intervening in the markets to cap the Japanese Yen (JPY) weakness.
New
update2024.03.29 00:41

The market's love affair with the Mexican Peso continues - ING

The Mexican Peso (MXN) has now delivered year-to-date total returns of 5.36% against the mighty US Dollar (USD).
New
update2024.03.29 00:11

Gold Price Forecast: XAU/USD to trade towards $2,300 by the end of 2024 - ANZ

Gold prices have been scaling new highs in March. Economists at ANZ Bank analyze the yellow metal's outlook.
New
update2024.03.28 23:29

AUD/USD Price Analysis: Likely test Ascending Triangle's breakdown near 0.6520

The AUD/USD pair finds support slightly below the psychological support of 0.6500 in the early American session on Thursday.
New
update2024.03.28 23:14

USD gains on Fed Waller's 'no rush' comment but may struggle to extend further - Scotiabank

USD rally is gaining traction. Economists at Scotiabank analyze Greenback's outlook.
New
update2024.03.28 22:39

USD/CAD: Near-term risks geared towards some drift back to the 1.3550/1.3575 area - Scotiabank

USD/CAD has edged slightly higher to retest the 1.3600+ area.
New
update2024.03.28 21:50

Silver Price Analysis: Continues lower after Bearish Engulfing

Silver price (XAG/USD) is trading in the $24.580s on Friday.
New
update2024.03.28 21:48

US Q4 GDP growth revised higher to 3.4% from 3.2%

The United States' Gross Domestic Product (GDP) grew at an annual rate of 3.4% in the fourth quarter, the US Bureau of Economic Analysis (BEA) said in its final estimate on Thursday.
New
update2024.03.28 21:39

US weekly Initial Jobless Claims decline to 210K vs. 215K expected

There were 210,000 initial jobless claims in the week ending March 23, the weekly data published by the US Department of Labor (DOL) showed on Thursday.
New
update2024.03.28 21:34

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