US Dollar Index declines below 108.00 on Friday, November 22. DXY retreats from 2-year high despite strong S&P PMI data; profit-taking and China’s stimulus package […]
Tag: gains
Oil gains over 3% after U.S. approves Ukraine use of long-range missiles inside Russia
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Meta AI gains access to Reuters news content in multi-year deal
Another day, another publication contributes to the rise of AI. First, the likes of Time and Dotdash Meredith partnered with OpenAI to license their property, now […]
Mexican Peso gains ground amid growing optimism for Fed’s 50 bps cut
Mexican Peso rises to a three-week peak as US Dollar drops. Fed rate cut expectations increase with CME FedWatch Tool showing a 43% chance of […]
EUR/USD gains as soft US PPI renews Fed rate cut size debate
EUR/USD rises as increasing bets of a large cut by the Federal Reserve weigh on the US Dollar. The ECB said it remains data-dependent for […]
EUR/USD trades with mild gains above 1.1050 ahead of German Retail Sales, US PCE data
EUR/USD trades stronger near 1.1080 in Friday’s early Asian session. US GDP expanded more than expected in Q2. Cooling inflation from Germany and Spain support […]
Japanese Yen gains ground after inflation data, BoJ Governor Ueda’s speech
The Japanese Yen appreciates following the speech from the BoJ Governor Kazuo Ueda. Japan’s National CPI rose by 2.8% YoY in July, remaining at its […]
US Dollar gains and shakes off FOMC losses
The US Dollar strengthens post-FOMC decision with market participants setting their sights on Friday’s Nonfarm Payrolls data. In spite of signs of disinflation, the US […]
USD/CAD consolidates its gains above 1.3650, eyes on Canadian CPI, US Retail Sales data
USD/CAD trades flat with mild losses near 1.3680 in Tuesday’s early Asian session. Fed’s Powell said the central bank will not wait until inflation hits […]
US Dollar gains cleared out post PCE data
US Dollar saw a slight dip at the end of the week, clearing daily gains. US Dollar finds support amid high US Treasury yields. May’s […]