SEO Archives - Prices Inn

5 Minutes

Forex

Gold price remains supported by dovish Fed expectations, bearish US Dollar

News November 20, 2023

Share: Gold price regains positive traction amid expectations that US interest rates have peaked. The recent decline in the US bond yields undermines the US Dollar and remains supportive. Looming recession risks...

6 Minutes

Forex

Australian Dollar receives upward support after China policy decision

News November 20, 2023

Share: Australian Dollar gains ground after China’s interest rate decision. Australia’s Dollar faced pressure on recovery in the Greenback. PBoC remained LPR consistent at 3.45% as expected. US Dollar plunged on Friday despite...

4 Minutes

Forex

US Dollar closes its worse week since July as investors bet on a dovish Fed

News November 17, 2023

Share: The DXY Index stands at 103.90, seeing losses of around 0.40% and tallying a 1.60% weekly decline. Investors continue to digest the data reported throughout the week. The combo of cooling...

5 Minutes

Forex

Mexican Peso regains its bullish momentum against the US Dollar

News November 17, 2023

Share: Mexican Peso’s advance against the US Dollar halts, with USD/MXN bouncing from recent lows despite broad-based USD weakness. Banxico officials hint at a less restrictive monetary policy, yet suggesting gradual rate...

5 Minutes

Forex

Canadian Dollar holds onto Friday gains after a late-week risk-on push

News November 17, 2023

Share: The CAD caught a bounce on risk appetite in early Friday trading. Industrial inflation figures in Canada print better than expected. US Dollar, Fed reaction is driving the market today. The...

5 Minutes

Forex

US Dollar sideways despite hawkish comments from Fed members ahead of Thanksgiving

News November 17, 2023

Share: The Greenback opens higher this Friday though fails to hold on to gains. Traders can let the dust settle in a very light calendar ahead of the festivities next week. The...

4 Minutes

Forex

Euro looks cautious around 1.0840 ahead of EMU CPI, Fedspeak

News November 17, 2023

Share: The Euro gives away some gains vs. the US Dollar. European stocks open Friday’s session with decent gains. ECB’s Christine Lagarde did not comment on monetary policy. The Euro (EUR) loses...

5 Minutes

Forex

USD/INR trades stronger, focus on the US housing data

News November 17, 2023

Share: Indian Rupee loses traction amid the mixed sentiment. Economists noted that GDP growth in July-September will be higher than the RBI’s prediction of 6.5%. Investors will monitor the US Building Permits...

4 Minutes

Forex

US Dollar closes with slight gains, eyes on US housing data

News November 16, 2023

Share: The DXY index first declined to 104.00 and then jumped back to 104.40. Jobless Claims accelerated in the first week of November, while Industrial Production from October disappointed. The mix of...

4 Minutes

Forex

Canadian Dollar slumping back amidst Crude Oil declines, US data misses the mark

News November 16, 2023

Share: The Canadian Dollar is getting dragged down by declining Crude Oil bids. Housing Starts in Canada tick upward, overshadowed by US unemployment figures. WTI Crude Oil slumps below $74 per barrel....