Stay on top of your trading with analyses of the latest market news.
The US dollar dipped after inflation data signaled potential Fed rate cuts. Key economic reports next week, including nonfarm payrolls, will guide market expectations.
Key points: The US dollar index fell following PCE inflation data showing unchanged prices in May. Markets shift focus to the upcoming nonfarm payrolls report for further market direction. Market expectations for Fed rate cuts this year increased after inflation …
Key points Fed Chair Powell speech due on Tuesday China’s June factory activity contracts again, services slows Palladium up 1.1% Gold prices held steady on Monday after data showed U.S. inflation subsided, bolstering hopes that the Federal Reserve will start …
Key points: Euro gains after France’s election, reflecting reduced fears of far-right fiscal policies. Yen declines as Japan’s revised economic data show a larger contraction. On Monday, the euro rose following the first round of France’s snap election, which put …
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