Cooling US inflation provides room for Fed’s wait-and-see: Silver, Hang Seng Index, GBP/USD by Vinit Makol · June 14, 2023 · no comment Source: IG Market Recap Overnight, major US indices extended their recent gains (DJIA +0.43%; S&P 500 +0.69%; Nasdaq +0.83%) fueled by the ongoing progress of cooling US inflation. This favorable development reflects ... 0 shares
AUD/USD Bulls Energized by PBoC Rate Cut and Mixed Data, Targeting 0.6800 Amid US Inflation Focus by Vinit Makol · June 13, 2023 · no comment AUD/USD gains traction, reaching intraday highs, benefiting from the weakness of the US Dollar and cautious market sentiment. The rate cut by the People's Bank of China (PBoC) and mixed ... 0 shares
Commerzbank: Possibilities of Upside Potential in EUR/CHF Strengthen as Swiss Inflation Continues to Plummet by Vinit Makol · June 12, 2023 · no comment Commerzbank Economists Analyze SNB Policy Outlook and Its Impact on EUR/CHF Pair Swiss National Bank's Willingness to Accept EUR/CHF Depreciation to Increase "A further rate hike at the SNB’s meeting next week ... 0 shares
Turkish Lira Plummets as State Lenders Cease Currency Defense, New Finance Minister Faces Problems by Vinit Makol · June 10, 2023 · no comment The Turkish lira hit new lows against the U.S. dollar on Wednesday, triggering growing concerns about the country's economic stability. One of the factors contributing to the lira's decline is ... 0 shares
Australian Dollar Rises on RBA’s Rate Hike, Awaits Fed’s Response by Vinit Makol · June 10, 2023 · no comment The Australian Dollar has recently gained some momentum, thanks to improving rate differentials. The Reserve Bank of Australia (RBA) has played its part by surprising the market with a 25 ... 0 shares
EUR/USD Falters to Gain Momentum Below 1.0800 Amidst Weaker US Dollar by Vinit Makol · June 9, 2023 · no comment The EUR/USD falters to gain momentum below 1.0800, however the pair exhibited resilience as it closed above the 20-day Simple Moving Average (SMA) for the first time in a month. ... 3 shares