Gold price sticks to intraday losses amid modest USD uptick, holds above $2,400 mark
Gold price (XAU/USD) rallied to the $2,424-2,425 area on Thursday, or its highest level since May 22 in reaction to another tame US inflation report, which boosted expectations that the…
Read More »US regulators fine Citi $136 million for failing to fix longstanding data issues
Original source: https://www.investing.com/news/stock-market-news/us-bank-regulators-fine-citi-136-million-for-failing-to-address-longstanding-data-issues-fed-says-3514530
Read More »Nikkei hits record high, investors await Fed chair’s testimony
Original source: https://www.investing.com/news/stock-market-news/asian-shares-track-wall-street-higher-markets-hope-for-dovish-stance-from-powell-3510989
Read More »EUR/USD trims gains and snaps seven-day win streak ahead of Fed policy update
EUR/USD stumbled on Monday after a muddled election outcome in France leaves policy guidance unclear for the Euro bloc.
Read More »Japanese Yen improves as US Dollar struggles due to rising odds of Fed rate cuts
The Japanese Yen (JPY) extends its gains for the third successive session on Monday.
Read More »Fed Semi-Annual Policy Report: Need greater confidence before moving to rate cuts
In its Semi-Annual Monetary Policy Report published on Friday, the Federal Reserve (Fed) noted that they have seen modest further progress on inflation this year but added that they still…
Read More »S&P 500, Nasdaq post record closing highs as data stokes hope for rate cut
Original source: https://www.investing.com/news/economy-news/futures-inch-up-in-anticipation-of-economic-data-fed-meeting-minutes-3506812
Read More »US stock futures flat with more Fed signals, labor data on tap
Original source: https://www.investing.com/news/stock-market-news/us-stock-futures-flat-with-more-fed-signals-labor-data-on-tap-3506517
Read More »EUR/USD pinned into low end below 1.0700 once again
EUR/USD backslid into the 1.0680 region on Wednesday after the German GfK Consumer Confidence Survey for July ticked lower unexpectedly, and a lack of meaningful data during the American trading…
Read More »