Analysis
ForexUSD/JPY trades with mild losses near 147.00 ahead of US PPI data
The USD/JPY pair weakens to near 147.10 during the early Asian session on Tuesday.
Aug 13, 2024
EconomicsBank of America CEO warns that US consumers may become discouraged unless rates drop soon
Bank of America CEO Brian Moynihan warns that a delay in cutting interest rates by the Federal Reserve could negatively impact U.S. consumers.
ForexYen weakens, markets stabilize ahead of US inflation data
The yen weakened against the dollar on Monday, following a volatile week, as investors assess the likelihood of a significant Fed rate cut next month amids
Aug 12, 2024
StocksWe’ve already seen the S&P 500’s high: BCA
BCA Research strategists believe that the S&P 500 has likely reached its peak for 2024.
CommoditiesSilver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data.
Aug 12, 2024
CommoditiesOPEC cuts crude demand growth forecast in 2024
The Organization of the Petroleum Exporting Countries has reduced its forecast for global oil demand growth this year, citing weakness in China, the world’
Aug 12, 2024
ForexUS Dollar Index Price Forecast: Remains above 103.00 with expecting a trend reversal
The US Dollar Index (DXY) retraces its recent losses from the previous session, trading around 103.20 during the European hours on Monday.
EconomicsBank of America CEO calls for the Fed to start cutting rates
Bank of America (NYSE:BAC) CEO Brian Moynihan urged the Federal Reserve to consider lowering interest rates to prevent a potential economic downturn.
StocksAUD/USD establishes short-term uptrend and next targets the 200-period SMA
AUD/USD has probably reversed its short-term downtrend since the recovery from the August 5 lows and will continue extending higher.
Aug 12, 2024
EconomicsMorgan Stanley reiterates call for 25bps Fed rate cut in September
Morgan Stanley (NYSE:MS) on Monday reiterated its call for a 25 basis point rate cut by the Federal Reserve in September, maintaining a stance it has held
CommoditiesGold rises on geopolitics and Fed rate cut expectations
US inflation data out this week could color expectations of the trajectory for interest rates.
Aug 12, 2024
ForexUS Dollar has soft start of the week with all eyes on inflation
The US Dollar is flat to marginally gaining against most major peers.
CryptocurrenciesBitcoin to remain rangebound until election picture becomes clearer: Bernstein
Bitcoin has become a focal point of the US presidential campaign.
Aug 12, 2024
ForexUSD/JPY Price Analysis: Corrects within short and medium-term down trend
USD/JPY is likely in a down trend on both a short and medium-term basis now.
Aug 12, 2024
ForexUSD/CAD extends its losing streak amid firm Oil prices, US Inflation in focus
The USD/CAD pair continues its losing spell for the seventh trading session on Monday.
Aug 12, 2024
CommoditiesOil prices steady with Iran-Israel escalation in focus
Oil prices steadied in Asian trade on Monday, retaining last week’s rebound as media reports suggested that an Iranian strike on Israel was likely to happe
CommoditiesGold price consolidates in a range, bullish potential intact amid rising geopolitical risks
Gold price lacks firm intraday direction on Monday amid a combination of diverging forces.
Aug 12, 2024
ForexGBP/USD Price Forecast: Remains above 1.2750 with testing nine-day EMA
GBP/USD pauses its two-day advance, trading around 1.2760 during the Asian session on Monday.
Aug 12, 2024
