USD/CHF hits weekly low below 0.9120 as US inflation data cools
USD/CHF falls to a new weekly low below 0.9126, sponsored by economic data from the United States (US) showing that inflation is cooling down. Hence,
Read More »Australian Dollar Looks Past China PMI Data, Focus is Now on Key Fed Inflation Gauge
The Australian Dollar gave up gains on upbeat Chinese manufacturing PMI, with AUD/USD now turning its attention to the Fed’s preferred inflation gauge next.
Read More »Market Update – March 30 – Stocks Recover & USD finds a floor
Bank jitters continue to ease lifting sentiment again, US stocks rallied (+1% to +1.79%) led by the NASDAQ, Asian markets are mixed and European FUTS are positive. The USD bounced…
Read More »Netherlands, The Retail Sales (YoY) dipped from previous 11.1% to 8.5% in February
Netherlands, The Retail Sales (YoY) dipped from previous 11.1% to 8.5% in February
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THIS IS THE END
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Australia Private Sector Credit (MoM) meets forecasts (0.3%) in February
Australia Private Sector Credit (MoM) meets forecasts (0.3%) in February
Read More »The UK will join 11 other countries in a major Asia-Pacific trade partnership
<p>UK Prime Minister Sunak has announced the country will join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).</p><p>There are 11 members (will be 12 when the UK joins):</p><ul><li>Australia, Brunei,…
Read More »Intel Announces Sooner-than-Expected Server Chip Release, Stock Surges 7.6%
INTEL, Daily Intel Corporation’s latest announcement regarding its server chip products has caused a significant surge in the company’s stock price. According to Executive Vice President Sandra Rivera, Intel will…
Read More »US Dollar Continues Diverging from the Fundamentals, Will PCE Data Realign Traders?
The US Dollar still found no love as traders continued piling into Wall Street despite not-so-dovish commentary from Federal Reserve officials. Will PCE data revive the DXY Index?
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