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inflation

Copper Drops On Hawkish Fed Repricing
Copper Drops On Hawkish Fed Repricing

Hawkish Fed ImpactCopper prices remain sold today as the futures market heads for a third consecutive day in the red. The move lower comes amidst the hawkish shift in traders’ Fed outlook amidst the...

Gold Benefits From USD Dip on AI Funding Fears
Gold Benefits From USD Dip on AI Funding Fears

Weak USD Boost GoldGold prices are rising today amidst the pullback in USD as focus shifts from US inflation data yesterday to concerns over funding levels in the AI sector. AI corporate bonds have...

USD Softens As Traders Await Key Inflation Data
USD Softens As Traders Await Key Inflation Data

Inflation Up NextThe Dollar is on watch today as traders brace for the latest set of US inflation readings due this afternoon. Ahead of the data USD is cooling a little with the DXY pulling back...

EURUSD Lower After Lagarde Comments
EURUSD Lower After Lagarde Comments

Warning From LagardeThe Euro is struggling to capitalise on USD weakness today following some commentary from ECB chief Lagarde this week. The ECB head warned that the global economy was getting...

Aussie Jumps on Hawkish RBA Mins
Aussie Jumps on Hawkish RBA Mins

AUD Bouncing MidweekThe Aussie is benefiting firmly from the USD weakness we’ve seen over the last 24 hours with the pair rising to two-week highs today. Hawkish signals from the RBA have helped...

Gold Holding Steady Ahead of US CPI Tomorrow
Gold Holding Steady Ahead of US CPI Tomorrow

Pause Ahead of CPI ReleaseGold prices are holding at the foot of the recent declines for now with price having settled into a block of consolidation over recent sessions. Mostly, this price action...

US Inflation In Focus This Week
US Inflation In Focus This Week

Geopolitical Tensions Boosting DollarThe US Dollar is on watch this week as trader brace for the latest US inflation data due on Wednesday. On the back of softer-than-forecast September jobs data,...

Dollar Bulls Looking For Fresh Drivers
Dollar Bulls Looking For Fresh Drivers

Dollar Pauses For NowThe US Dollar continues to soften ahead of the weekend as the recent downshift in October Fed tightening expectations caps the rally for now. Last week’s softer-than-forecast US...

Dollar Higher Despite Drop in October Hike Pricing
Dollar Higher Despite Drop in October Hike Pricing

Soft PCE Data, Stronger GDPThe US Dollar is continuing to push higher today despite further data weakness seen yesterday and a fresh drop in market pricing for an October rate hike. Yesterday, monthly...