The core inflation gauge, which excludes volatile food and energy prices, increased by 3.2% year-over-year, slightly lower than last month’s 3.3% rise and market expectations. Meanwhile, geopolitical developments have added a layer of uncertainty to...
The price of gold (XAU/USD) has extended its upward momentum, surpassing the critical $2,900 per troy ounce level, driven by a weakening US Dollar (USD). Despite the bullish trend, overbought conditions suggest a potential corrective decline in the...
The Canadian Dollar (CAD) remains steady within its medium-term range against the US Dollar (USD), with the USD/CAD pair hovering near 1.4300. This stability follows a strong recovery from multi-decade lows last week, as markets digest mixed signals...
The AUD/USD pair has regained upward momentum, once again testing the critical 0.6300 resistance level. This movement comes amid renewed weakness in the US Dollar (USD) as markets brace for the release of key US inflation data on Wednesday. The...
US Treasury yields continue their downward trajectory, with the 2-year and 10-year bonds standing at 4.27% and 4.66%, respectively, both dropping by over 2%. Meanwhile, the US Dollar Index (DXY), which measures the dollar's strength against a basket...
