Gold Price edges higher as Easter Monday notices flight to safety. Russia - Ukraine crisis and the recession risks favors the safe-haven assets. Market will keep an eye on the FOMC Bullard's speech due later today. The yellow metal traded high against the US dollar during Monday trading session as investors flock towards ultimate [...]
BOJ likely to stress its resolve to keep monetary policy ultra-loose. Russo-Ukraine tussles weighs on the market sentiment. Fed speaking and expectations of an aggressive Federal Reserve rate hike boosted the greenback. USD/JPY trades higher after BOJ's resolve to keep monetary policy ultra loose amidst bullish sentiment surrounding dollar. As per Reuters report on [...]
GBP/USD climbs higher on higher UK CPI. The soaring Uk's inflation has raised the expectation of one more interest rate hike by the BOE in May. Risk on market sentiment has dampened the safe-haven appeal. The Pound edged higher during Thursday trading session. The higher-than-expected declaration of the UK’s inflation boosted the pound. As [...]
NZD climbs higher as the RBNZ has elevated its interest rate by 0.5%. An interest rate hike of 50 bps is higher than the estimate of 25 bps. Softer than expected US CPI also underpin bullish trend for kiwi. New Zealand dollar is edging higher against its US Dollar counterpart during Wednesday trading session [...]
