Gold edged higher and touched two weeks high amid broad US dollar weakness. US CPI is expect to rise to the largest since 1982. Comments from White house and Federal Reserve officials propels US CPI chatters. The yellow metal traded high and reached two-week high of $1835 against the greenback during Thursday Asian session. [...]
Yields on Aussie 10 Year jumped high as Market price more aggressive action from RBA. Fall of Australian consumer sentiment in February could restrict the bullish move of the quote - AUD/USD. US CPI data is largely eyed by the traders to get clues on interest rate hikes. Australian dollar trades high against the [...]
ECB’s Lagarde down-talked the hawkish tone which was perceived by Market on last Thursday ECB monetary policy pivot. Downbeat German Industrial production also weighed on the Euro. Challenges on the 0.50% Fed rate hike in March and the US- Japan trade deal weighs on the US dollar bulls. Euro seems under pressure against the [...]
Employment data released on Friday which beat the expectation with huge difference favored the US dollar. Brexit issue and the UK politics also weigh on the Cable. Investors now await US inflation data on Thursday. The British pound dropped against the greenback during Monday trading session. The US employment job data released on Friday, [...]
