U.S. dollar edges higher after U.S. CPI inflation grew as expected in July

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11 Aug 2023

U.S. dollar edges higher after U.S. CPI inflation grew as expected in July

The DXY-U.S. dollar index trades to near monthly highs of 102.70 as forex investors remain positive on the dollar outlook amid the growing expectation that the Fed’s...

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10 Aug 2023

COMMODITY INSIGHTS

Gold and Silver hit monthly lows ahead of U.S. inflation data

Gold and Silver prices hit a monthly low on Thursday morning given the recovering U.S. dollar and bond yields coupled with the prospects of another Federal Reserve rate...

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10 Aug 2023

COMMODITY INSIGHTS

Crude oil prices hit multi-month highs on supply concerns

Energy is shining again as Brent and WTI crude oil prices hit multi-month highs on growing concerns over global supply tightening, the increased geopolitical risk, and the drawdowns in the U

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07 Aug 2023

FOREX PERCEPTION

Pound Sterling slips to $1.27 on bets for a slower pace of rate hikes by BoE

The Pound Sterling slipped to nearly $1.27 per dollar on Monday morning, extending last week’s steep losses as the Bank of England (BOE) moves closer to wrapping up...

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04 Aug 2023

FOREX PERCEPTION

U.S. dollar rises to monthly highs ahead of key NFP data for July

The DXY-U.S. dollar index which tracks the value of the greenback against six major peers climbed as high as 102.80 on Thursday’s trading session, posting its highest...

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31 Jul 2023

COMMODITY INSIGHTS

Crude oil hits three-month highs on supply tightness and recovering demand

Both Brent and WTI crude oil prices hover near three-month highs of $84.50/b and $80.50/b on Monday morning as the production cuts from OPEC+ and Russia have tightened global supplies coupled with...

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