British Pound (GBP) Price Outlook: GBP/USD Advancing After UK Inflation Data
UK inflation recorded its highest jump on record last month, boosting GBP/USD as the figures focused attention again on whether and when the Bank of England will taper UK monetary policy.
US Dollar Solid as Weak Data Weighs on Risk Assets in Asia. Will EUR/USD Move Lower?
The US Dollar continued to find firmer footing following soft US CPI amid weak data through the Asian session. Will EUR/USD stay in the range or break lower?
Crude Oil Prices Struggle to Make Good on Supportive Backdrop
Crude oil prices are struggling to make lasting headway despite seemingly supportive macro news-flow and signs of an upside breakout in technical positioning.
Gold Price Analysis: XAU/USD Gains May Not Last on Possible CPI Overreaction
Gold prices rose overnight after a weaker-than-expected US CPI figures crossed the wires. However, bets that the weak CPI is delaying balance sheet tapering may be overdone.
Australian Dollar Touches Session Lows on China Data Miss. Will AUD/USD Fall More?
The Australian Dollar touched session lows as Chinese retail sales and industrial production missed estimates. Will the AUD/USD fall more from here?
Natural Gas Analysis: Price Continues to Soar as Nicholas Slams the Gulf
Natural gas prices continued their unprecedented move higher as production took additional hits with the arrival of Hurricane Nicholas.
AUD/USD Sinks Alongside Dow Jones as Sentiment Sours, Chinese Data Eyed
The risk-sensitive Australian Dollar broke down overnight as broader market sentiment soured, dragging US stocks and Treasury yields lower. Chinese economic data is in focus as APAC trading kicks off.
Euro Stoxx 50 & IBEX 35 Outlook: European Stocks Mixed Following US CPI Print
European indices were mixed on Tuesday as traders focused on the US CPI print. Fears over tightening from the ECB weighed on sentiment.
EUR/USD Snaps Monthly Opening Range After Failing to Clear July High
EUR/USD appears to have reversed course after failing to clear the July high (1.1909) as it snaps the opening range for September.
Mexican Peso Retains Positive Outlook, but Near-Term Weakness Cannot Be Ruled Out
Easing inflation in the U.S. could lead the Fed to be more patient before tapering stimulus, an outcome that could weigh on the dollar and boost EMFX such as the Mexican peso in the medium term.