EUR/USD continues to hold firm above the 1.1800 level on Tuesday, easing slightly after briefly retesting its year-to-date high at 1.1821. Despite the minor pullback, the pair remains well supported, driven by…
US Retail Sales rise 0.6% in August vs. 0.2% forecast
Retail Sales in the United States (US) increased by 0.6% on a monthly basis in August to $732 billion, the US Census Bureau reported on Tuesday. This print followed the 0.6% increase…
Breaking: Canadian Core Inflation Surprises to the Downside in August
Canada’s inflation rate ticked up slightly in August, but the underlying price pressures came in softer than expected — a development that could influence the Bank of Canada’s next move on interest…
WTI Price Forecast: Oil Holds Firm Near $63.50 with Bullish Momentum Building
West Texas Intermediate (WTI) Crude Oil extended its rebound for the third consecutive day on Tuesday, trading around $63.68 as of writing — up nearly 1.0% on the day. The bullish tone…
Gold Nears $3,700 as Weak US Dollar and Fed Rate Cut Expectations Fuel Rally
Gold is powering higher again on Tuesday, pushing toward the key $3,700 level as investors continue to sell the US Dollar and position ahead of the Federal Reserve’s policy decision on Wednesday….
FOMC Poised for Dovish Cut as Labor Market Weakens – BBH
Markets are widely expecting the Federal Open Market Committee (FOMC) to deliver a dovish rate cut, as signs of a softening US labor market continue to mount. According to analysts at Brown…
Pound Sterling Strengthens as UK Employment Data Meets Expectations
The Pound Sterling surged against major currencies after the UK released its latest employment figures. The UK ILO Unemployment Rate held steady at 4.7%, matching forecasts and keeping the rate at a…
EUR/USD Holds Gains as Economic Sentiment Boosts the Euro
The Euro touched fresh two-month highs around 1.1800, supported by ongoing weakness in the US Dollar. Traders’ hopes for a dovish pivot by the Federal Reserve are putting pressure on the Dollar,…
Pound Sterling Strengthens as UK Employment Data Meets Expectations
The Pound Sterling gained strongly against major currencies on Tuesday, reaching its highest level against the US Dollar in over two months following the release of UK employment figures. According to the…
Canada CPI Set to Rise as Markets Eye BoC Rate Cut
Canada’s inflation report for August is due Tuesday and is expected to show a modest pickup in price pressures, just as the Bank of Canada (BoC) prepares to decide on interest rates…