Today’s release of the US Consumer Price Index (CPI) report holds significant weight in determining the Federal Reserve’s potential rate cuts for the year ahead. However, economists at Commerzbank argue that it’s premature to consider rate cuts given the current

The Pound Sterling (GBP) surged significantly following the release of positive UK labor market data, coupled with higher wage growth. The increase in average earnings exceeded market expectations, reinforcing the Bank of England’s (BoE) hawkish stance. The robust employment figures

In Monday’s early European session, silver (XAG/USD) continues to gather momentum, trading near $22.80. The bullish sentiment remains robust, particularly as the metal maintains its position above the key Exponential Moving Average (EMA). Initial support is observed around $22.70, while

Here is what you need to know on Monday, February 12: Following the previous week’s indecisive action, currency markets hold steady to start the new week. The US Dollar (USD) Index moves sideways near 104.00 in the early European session after closing

EUR/USD is poised to challenge the psychological resistance level of 1.0800, supported by technical analysis indicating a potential shift towards upside momentum. The pair has been on a winning streak for the fifth consecutive session, advancing towards the 1.0790 level

Reserve Bank of New Zealand (RBNZ) Governor Orr testified before the Finance and Expenditure Committee on Monday. Orr responded to questions on the November 2023 Financial Stability Report. Key quotes Inflation remains too high, that’s why we’ve kept cash rate

On Monday, Reserve Bank of New Zealand Deputy Governor (Financial Stability) Hawkesby provided testimony before the Finance and Expenditure Committee, offering key insights: He emphasized the resilience of the New Zealand financial system, stating that it remains robust. Hawkesby noted

Indian Rupee (INR) saw a modest uptick in Monday’s subdued trading session, especially with most Asian markets closed. Investors are eagerly awaiting India’s Consumer Price Index (CPI) data for January, which is scheduled for release at 12:00 GMT, marking the

AUD/JPY halts its winning streak on cautious mood due to Middle East tension. The Middle East tension has escalated due to Israel’s conclusion of a series of strikes in southern Gaza. The Australian Dollar encountered challenges stemming from the decline