June US inflation fell to 3.5% YoY, below forecasts, reducing expectations for further Fed tightening this year. Gold prices climbed 1.5% to $4,050 as US consumer inflation data undershot estimates, easing pressure on the Federal Reserve to raise rates. The June CPI slowed
Softer U.S. CPI data weakened the dollar, lifting EURUSD to key resistance before sellers pushed it back to moving averages. EURUSD climbed to 1.1462 after U.S. CPI data came in weaker than expected, reducing bets on near-term Federal Reserve rate hikes. Headline and core
Mizuho downgrades Circle to underperform, cuts price target to $50 on Open USD threat The Japanese investment bank said Open USD's yield pass-through model could pressure Circle's margins by shifting more reserve income to distributors. - Mizuho downgraded Circle to underperform...</stron
The European Central Bank taps 36 payment providers to test its digital euro, aiming to counter dominance of dollar-pegged stablecoins in Europe. The European Central Bank named 36 payment firms, including Revolut, Stripe, Deutsche Bank, and Adyen, to participate in its di
Japanese Yen rises as cool US CPI slashes Fed hike bets The Japanese Yen registers gains of over 0.31% against the US Dollar as traders trim hawkish bets following a softer-than-expected US inflation report. The USD/JPY trades at 161.93 after reaching a daily high of
Silver gains as softer US inflation data reduces rate hike expectations Silver trades higher after softer-than-expected US inflation data. The data reduces expectations of a near-term Federal Reserve interest rate hike. XAG/USD trades around $58.50, up near
Survey reveals majority of reserve managers intend to reduce USD exposure over the next decade while increasing gold allocations. A survey of global reserve managers shows central banks plan to reduce U.S. dollar holdings for the first time in a decade, citing geopolitical
XAU/USD Price Forecast: XAU/USD battles to recover the $4,100 mark The US Dollar (USD) kicked off the day’s rally on the back of risk aversion, but abruptly changed course early in the American session. The XAU/USD pair, which traded as low as $3,983.85, jumped roughly $10
The Canadian Dollar (CAD) strengthens sharply against the US Dollar (USD) on Tuesday, drawing support from softer-than-expected US inflation data and rising Oil prices amid escalating tensions in the Middle East. At the time of writing, USD/CAD trades around 1.4055, its lo
ING’s Warren Patterson and Ewa Manthey report that European natural gas benchmarks are rising as Middle East developments threaten LNG flows from the Persian Gulf. TTF has broken above EUR50/MWh and continues higher, while Europe heads into the injection season with storag
ادخل بحساب جوجل لمشاركة رأيك والتفاعل مع الأخبار — بلا كلمة مرور.
إيميلك يبقى موثّقاً وخصوصيتك محفوظة.