May 2023
Market attention turns to US PCE inflation data
The USD extended its weekly rally on the back of robust macroeconomic data releases during the American trading hours on Thursday and the US Dollar Index touched its highest level since mid-March above 104.00 ...
May 2023
US Dollar rally continues ahead of key US data
Pressured by the broad USD strength and the decisive rebound seen in the benchmark 10-year US Treasury bond yield, Gold price suffered large losses on Wednesday ...
May 2023
Markets remain cautious as focus shifts to FOMC Minutes
NZD/USD fell sharply and was last seen trading at its lowest level in nearly a month at 0.6150, losing more than 1.5% on a daily basis ...
May 2023
Markets eye PMIs and US debt-ceiling negotiations
US President Joe Biden and House Speaker Kevin McCarthy failed to reach an agreement on raising the government's $31.4 trillion debt ceiling ahead of the estimated June 1 deadline ...
May 2023
US Dollar retreats as focus shifts to debt ceiling talks
While speaking on Friday, FOMC Chairman Jerome Powell reiterated that they are strongly committed to return inflation to the 2% target ...
May 2023
US Dollar consolidates weekly gains ahead of Powell speech
The US Dollar consolidates weekly gains near two-month highs, tracking the sluggish performance in the US Treasury yields across the curve ...
May 2023
Markets trade with caution amid impending US debt ceiling talks
the US Dollar Index struggles to extend its recovery momentum following the late pullback on Wednesday ...
May 2023
Mood remains mixed despite US debt ceiling optimism
Bank of England (BoE) Governor Andrew Bailey will deliver a speech at British Chambers of Commerce Global Annual Conference at 0950 GMT ...
May 2023
US Dollar finds a foothold, eyes on Fedspeak and US Retail Sales data
Early Tuesday, the DXY holds its ground as markets await April Retail Sales data from the US. In the European session ...
May 2023
Markets stay quiet to start new week
US President Joe Biden reportedly said that he expects to meet with Congressional leaders for the next round of debt limit negotiations on Tuesday...
