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Breaking news

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US core PCE inflation set to ease in February on month as Federal Reserve rate cut bets for June mount

The core Personal Consumption Expenditures (PCE) Price Index, the US Federal Reserve's (Fed) preferred inflation measure, will be published on Friday by the US Bureau of Economic Analysis (BEA) at 12:30 GMT.
New
update2024.03.29 15:00

GBP/USD Price Analysis: The first downside target is seen at the 1.2600-1.2605 zone

The GBP/USD pair trades on a weaker note around 1.2620 during the early European session on Friday.
New
update2024.03.29 14:55

USD/CHF snaps the two-day losing streak above 0.9000 ahead of US PCE data

The USD/CHF pair snaps the two-day losing streak near 0.9025 on Friday during the Asian session.
New
update2024.03.29 14:02

EUR/GBP drops to near 0.8540 following dovish comments from ECB's policymakers

EUR/GBP continues its downward movement, influenced by challenges facing the Euro following dovish comments from European Central Bank (ECB) policymaker Francois Villeroy.
New
update2024.03.29 13:48

USD/CAD could halt losing streak amid a stronger Greenback, clings to 1.3540

Fuel suppliers in Baltimore are expected to encounter delays following the collapse of the Francis Scott Key Bridge.
New
update2024.03.29 13:05

WTI advances to near $82.80 on likelihood of OPEC+ maintaining production cuts

West Texas Intermediate (WTI) oil price settled higher at $82.82 per barrel on Thursday.
New
update2024.03.29 12:21

Gold Price Forecast: XAU/USD flirts with record highs above $2,230, all eyes on US PCE data

Gold price (XAU/USD) flirts with record highs around $2,230 during the Asian session on Friday.
New
update2024.03.29 11:52

China's SAFE: Will steadily promote financial market opening

Speaking at the annual Boao Forum on Friday, Xu Zhibin, the deputy head of the State Administration of Foreign Exchange (SAFE), said that he "will steadily promote financial market opening." Additional comments Will improve policies to facilitate cross-border investment.
New
update2024.03.29 11:12

EUR/USD extends losses on dovish remarks from ECB members, trades near 1.0780

EUR/USD continues its downward trend for the fourth consecutive day, driven by a stronger US Dollar (USD) influenced by the hawkish market sentiment surrounding the Federal Reserve (Fed) and expectations of prolonged higher interest rates.
New
update2024.03.29 11:11

NZD/USD remains under selling pressure below 0.6000, US PCE data looms

The NZD/USD pair remains under some selling pressure near 0.5970 after retracing from the 0.6000 barrier during the Asian session on Friday.
New
update2024.03.29 10:54

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