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Fresh Inflation Data Are Expected to Show Continued Cooling
New York Times· 43 minutes agoThe Federal Reserve is watching inflation figures as it contemplates when to lower interest rates, and could receive positive news Thursday. The Consumer Price Index likely ...
Gold rises as Powell steers middle-way while market still price rate cuts
The Forex Market· 1 hour agoGold rises as Powell sets a cautiously optimistic tone on his second day of testimony to lawmakers...
Forex Today: Investors hope for US inflation data to wake markets up
The Forex Market· 1 hour agoHere is what you need to know on Thursday, July 11: The action in foreign exchange markets remain...
NZD/USD appreciates to near 0.6100 as traders await US inflation
The Forex Market· 1 hour agoNZD/USD recovers its recent losses, trading around 0.6090 during the European session on Thursday.
Pound Sterling nears annual high at 1.2870 on strong UK GDP, BoE rate-cut bets fade
The Forex Market· 2 hours agoThe Pound Sterling performs strongly against the US Dollar and other currencies on faster UK GDP...
USD/CHF edges lower below 0.9000, US CPI data looms
The Forex Market· 3 hours agoUSD/CHF loses momentum around 0.8995 in Thursday’s early European session. Fed’s Powell said the case for interest rate cuts is becoming stronger as...
Silver Price Forecast: XAG/USD maintains position around $31.00 as traders await US CPI
The Forex Market· 4 hours agoFed Powell's neutral remarks on Wednesday provided support for non-yielding Silver. Renewed Israeli...
Goldman says Fed on course to start cutting rates in September
Investing.com via Yahoo Finance Canada· 5 hours agoGoldman Sachs is increasingly confident that the Federal Reserve will begin cutting interest rates in September, the Wall Street firm’s economists said, citing recent comments by chairman Jerome Powell.
June CPI release, PepsiCo earnings, UK economic growth - what's moving markets
Investing.com via Yahoo Finance Canada· 6 hours agoWall Street looks set to start the day slightly lower as investors await the release of the latest inflation data, which could guide expectations of interest rate cuts later this year. The new ...
Is inflation still cooling? Thursday's report on June prices will provide clues
Financial Post· 6 hours agoOptimism is rising among economists, investors and Federal Reserve officials that U.S. inflation is...