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NZD/USD retreats to 0.6030 lows with investors bracing for US CPI data
The New Zealand Dollar retreated as the US-China deal failed to convince investors.The US Dollar is showing minor gains ahead of the US CPI releaseNZD/USD is showing signs, suggesting a potential trend shift. The New Zealand Dollar is trading about 0.35% lower on Wednesday, with investors slightly d
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Dollar unwinds jobs report gains
Overview: Despite the US jobs report, which was considerably better than the fears induced by the ADP estimate and the gradually rising jobless claims, and apparent resumption of China's rare earth exports to US (and European) auto makers, Asia and European participants sold into the dollar's gains
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Trump’s attempt to woo Powell fall flat
European markets rise as inflation heads lower.Trump’s attempt to woo Powell fall flat.Core PCE inflation up ahead. European markets are pushing higher as they look to close out the week on a positive tone. That comes despite a downbeat Asian session with a higher-than-expected Tokyo core CPI metric
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USD/CAD edges higher ahead of FOMC Minutes, with the interest rate outlook in focus
USD/CAD heads toward moving average resistance ahead of FOMC Minutes.The US Dollar finds temporary support from rising Consumer Confidence and a hawkish Fed.The Loonie pair remains focused on the direction of the US Dollar, for now. The Canadian Dollar (CAD) is trading modestly lower against the US
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Fed Minutes set to reveal details of hawkish stance amid Trump’s tariffs
The Minutes of the Fed’s May 6-7 gathering are due on Wednesday.The Federal Reserve kept the benchmark interest rate on hold, as expected.The US Dollar is at risk of piercing its 2025 low amid tariff-related concerns. The Federal Open Market Committee (FOMC) will release the Minutes of its May 6-7 m
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USD steadies but broader downtrend persists – Scotiabank
Markets should gear up a bit more after yesterday’s subdued session and early trends suggest the USD may experience a limited rebound. Overnight trends reflect a recovery in global bonds on the back of speculation that the Japanese government may 'tweak' (i.e. reduce) issuance, Scotiabank's Chief FX
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Could Platinum be setting up to break out?
The platinum price is at the highest level in a year and could be set to break out. Over the last four years, platinum has traded in a range between $900 and $1,100 an ounce. On Friday morning, the metal was just a tick above that $1,100 resistance level. Platinum is more than twenty times rarer tha
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Banquet Halls with Veg Menu and Rooms in West Delhi
When it comes to celebrating life's special moments, choosing the right venue makes all the difference.From weddings and receptions to birthday parties and anniversaries, people are constantly searching for Banquet halls with veg menu and rooms in West Delhi.Hotel Palazzo Inn stands out as one of th
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Euro area consumer confidence due today
In focus today In the euro area, we will receive consumer confidence data for May, which will show how consumers have reacted to the improvements in trade talks between the US and China and following risk on sentiment in markets. In Denmark, the government releases a new economic forecast, which acc
