The Australian Dollar held ground despite softer China’s PMI data released on Friday. The AUD could appreciate due to the hawkish sentiment surrounding the RBA […]
Category: Business
USD/INR gains ground ahead of Indian GDP, US PCE data
Indian Rupee struggles to gain momentum on the modestly stronger USD. The Fed’s hawkish stance and cautious mood weigh on the INR. The Indian GDP […]
USD/CAD rises toward 1.3700 ahead of US PCE, Canada’s GDP
USD/CAD rebounds as investors adopt caution ahead of US PCE on Friday. The decline in the US Treasury yields could limit the advance of the […]
Australia Private Sector Credit (YoY): 5.2% (April) vs 5.1%
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and […]
Mexican Peso’s days in the sun are over, according to analysts
The Mexican Peso reverses earlier losses against the US Dollar after Q1 US GDP is revised down. Several analysts say MXN has peaked and is […]
Pound Sterling bounces back with focus on US core PCE inflation
The Pound Sterling finds a cushion below 1.2700 despite uncertainty ahead of the US core PCE Inflation. UK’s high service inflation remains a barrier to the sustainable […]
US: Initial Jobless Claims increased more than estimated last week
Initial Jobless Claims rose by 219K vs. the previous week. Continuing Jobless Claims rose by around 1.79M. US citizens that applied for unemployment insurance benefits […]
US real GDP expands 1.3% in first quarter vs. 1.6% in first estimate
The BEA revised Q1 US GDP growth lower to 1.3%. US Dollar Index stays in negative territory below 105.00. The US’ real Gross Domestic Product […]
Gold declines on higher interest-rate expectations
Gold price recoups earlier losses after US GDP data for Q1 is revised lower. The precious metal was weakening on a higher interest-rate outlook, increasing the opportunity […]
Brookfield leading talks to buy renewable energy provider for $6.5 billion
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