According to strategists at Commerzbank, what holds greater significance for the Gold market is the timing and extent of interest rate cuts by the US Federal Reserve. The likelihood of the Fed signaling swift interest rate reductions is low. Last

The GBP/USD pair stages a recovery within its overall trading range, prompting analysis from economists at Scotiabank. While the Pound Sterling (GBP) has seen a mild increase for the day, it found robust support amid intraday weakness below the 1.2700

AUD/USD makes a comeback, approaching the 0.6600 level amid improved market sentiment. Investors are eagerly awaiting the US core PCE data to gain fresh insights into potential shifts in interest rates. Anticipations suggest a softening of Australian inflation to 4.3%

Analysts at Scotiabank provide insights into the outlook for the US Dollar (USD) as it experiences a dip while markets position themselves ahead of core PCE data. The USD appears vulnerable to further losses in a broader context, as the

Could China’s stock market rescue plan provide support for the Australian Dollar (AUD)? Analysts at Société Générale assess the outlook for the Aussie. Historically, the AUD has closely followed Chinese equities, but this relationship experienced a significant shift in the

EUR/USD bounces back from the low 1.0800s, prompting analysts at Scotiabank to evaluate the currency pair’s outlook. The resurgence in the EUR may be attributed to resistance from certain European Central Bank (ECB) hawks against the notion of implementing early

After the ECB meeting, EUR/USD experienced a decline, reaching around the 1.0850 level, following the central bank’s relatively dovish stance. Analysts at Danske Bank assess the currency pair’s future prospects. In the short term, Danske Bank suggests a strategy of

EUR/JPY managed to break its four-day losing streak, recovering to around 160.60 during the European session on Friday. The decline in Japanese inflation figures, particularly the annual Tokyo Consumer Price Index (CPI), which dropped to 1.6% in January from the

Financial markets have initiated 2024 with a resurgence in interest rates as central banks counter expectations of imminent rate cuts. Nordea economists maintain their primary forecasts with minimal alterations, identifying potential risks toward earlier cuts by the ECB and delayed

U.S. equities hover near their record highs, while 10-year U.S. Treasuries trade with yields nearly 100 basis points below their October peaks. UBS economists delve into the market outlook, assessing the potential for continued growth in both equity and bond