Gold Inches Lower Amid Profit-Taking Despite Cooling US Inflation Expectations
Gold prices dipped modestly below $4,350 as traders exhibited profit-taking and reduced long positions in futures, even as US inflation signs fuel rat…
Category: Forex Education
Banxico Lowers Key Rate to 7% Amid Cautious Economic Outlook
The Bank of Mexico cut interest rates by 25 basis points to 7%, signaling a cautious approach to inflation and economic growth amid ongoing uncertaint…
BoE, ECB, and US CPI Data Keep US Dollar Under Pressure
Recent developments from the Bank of England, European Central Bank, and US CPI reports continue to influence the US Dollar's performance in global ma…
USD/CAD Steadies as US Dollar Recovers Following Inflation Data Miss
The USD/CAD currency pair shows a mild rebound as the US Dollar stabilizes after inflation figures fall below expectations, influencing forex market d…
Gold Rebounds Strongly on Weaker U.S. Inflation Data, Eyes New Highs
Gold prices regained momentum following softer U.S. CPI figures, pushing above recent consolidation and highlighting renewed investor interest in safe…
ECB Holds Rates Steady Amid Upgraded Growth and Inflation Outlook
The ECB maintained its policy rates but revised growth and inflation forecasts higher, prompting a notable rebound in the euro despite cautious sentim…
White House Adviser Highlights Balanced Core Inflation Amid Strong Economic Growth
White House Adviser Kevin Hassett emphasizes that core inflation remains moderate at 1.6%, coinciding with robust economic growth, signaling measured …
Canadian Dollar Navigates Tight Range Amid Market Uncertainties
The Canadian Dollar remains stable yet rangebound, influenced by bond market behavior and tempered by energy sector pressures and equity market volati…
GBP/CAD Strengthens Following Bank of England’s Cautious Rate Cut
The British Pound gains against the Canadian Dollar as the Bank of England announces a cautious monetary easing, signaling nuanced economic outlooks a…
Bank of England Reduces Policy Rate by 25 Basis Points to 3.75%
The Bank of England adjusted its policy rate down by 25 basis points to 3.75%, signaling a cautious approach amid evolving economic conditions.