Gold Prices Hang on At Highs, Benign US CPI Prompts Rate Rethink

Non-yielding gold got a boost from news that the Fed seems to be winning its war on inflation.

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Dow, Nikkei 225 and CAC40 Rise after US CPI data

Indices worldwide were given a lift by US inflation data yesterday, which showed a slower pace of price growth, easing the pressure on the Fed to raise rates again.

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EUR/USD Soars on USD Weakness, EUR/GBP Struggles Against GBP Strength

EUR/USD is back to highs seen at the end of March last year, while EUR/GBP is probing lows last seen just under a year ago.

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UK Economy Shrinks Less Than Expected in May, GBP/USD Breaches 1.3000

The UK economy continues to surprise as GDP is now estimated to be 0.2% above its pre-covid levels from February 2020. Given that further hikes are expected, are recessionary fears justified?

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Gold Boosted by US CPI; Reverse Head & Shoulders Triggers in XAU/USD

Gold rebounded after US inflation slowed more than expected in June, reinforcing market expectations that the US Federal Reserve is nearing the end of its tightening cycle. To what extent could gold rise?

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Asia Day Ahead: Promising US Inflation Progress Drives Upbeat Market Mood

Lower-than-expected read in US inflation suggests that the tightening cycle from the Fed thus far are having its desired effect in moderating pricing pressures.

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GBPUSD Hits 15-Mo Peak On UK Rate-Hike Bets, Time for Pullback?

The Pound continues to garner strong support from the view that UK interest rates have much further to rise

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USD/JPY Plummets on Hotter Household Inflation Expectations

Inflation expectations point to sustained higher prices to claw back losses at an impressive rate as signs of demand driven inflation and sustained wage growth Inflation expectations point to sustained higher prices to claw back losses at an impressive rate as signs of demand driven inflation and sustained wage growth

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Stock Indices Remain Bid Ahead of US CPI Release

​​Outlook on FTSE 100, DAX 40 and Nasdaq 100 ahead of Wednesday’s U.S. inflation report for June.

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EUR/USD Price Forecast: Euro Shaped by US Factors

The euro looks to US CPI for short-term guidance after which Fed and ECB speakers will provide their perspectives.

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US Dollar Slips While Japanese Yen Rallies Ahead of US CPI. New Lows for USD?

The US Dollar descent continued going into today’s much anticipated US CPI data point. The Japanese Yen has moved into the box seat with speculation of the BoJ shifting gears.

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All eyes on US CPI ahead, with mixed session in Asia: DJIA, USD/JPY, NZD/USD

The usual cautious lead-up to the US CPI release has failed to deter risk appetite in Wall Street overnight, as major US indices pushed higher on strength in value sectors.

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Japanese Yen Outlook: USD/JPY GBP/JPY EUR/JPY Price Setups

The yen appears to be back in favour as surging wage growth coupled with signs of demand driven inflation forces the Bank of Japan to take note

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Dow Nasdaq and Nikkei Struggle to Maintain Bullish Momentum

Indices posted gains yesterday, but a more cautious atmosphere prevails in early trading this morning.

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EUR/USD Hits Fresh 2-Month High Time for a Pullback?

EUR/USD faces a challenge in attempting to break the range high of 1.1100 without any significant change to the macro picture. Do bulls have enough juice or is another retracement incoming?

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UK Breaking News: Wage Growth Keeps Pound Bid

GBP/USD rises sharply to 1.2900 post-labor data after wage growth hits fresh yearly highs.

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Gold Price Firms While US Dollar Eases as Treasury Yields Dip. Where to for XAU/USD?

The gold price is inching higher while the US Dollar slides going into Tuesday despite several Fed speakers getting hawkish, mostly. Will Wednesday’s US CPI hold the keys to XAU/USD direction?

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New Zealand Dollar Flexes Muscles Ahead of RBNZ; NZD/USD EUR/NZD GBP/NZD Price Action

The New Zealand dollar is showing signs of building a base against some of its peers ahead of the Reserve Bank of New Zealand (RBNZ) interest rate decision on Wednesday. What is the outlook for NZD/USD, EUR/NZD, and GBP/NZD?

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European stocks indices to open lower on sluggish Chinese economy

​​Outlook on FTSE 100, DAX 40 and S&P 500 as Chinese economy remains lacklustre.

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Australian Dollar Price Forecast: Chinese Inflation Hurts Pro-Growth AUD

AUD/USD looks ahead to Fed guidance later today after a weak start to the trading day.

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