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By: FxStreet
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Gold price rallies amid high US yields following US PPI
Gold rallied over 1% on Friday, with the yellow metal set to end the week with modest gains of 0.20% after inflation data revealed on Friday and the Consumer Price Index (CPI) report on Thursday capped the Greenback’s advance.
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11-10-2024
AUD/USD ascends on mixed US data, ends week with losses
The Australian Dollar recovered some ground against the Greenback on Friday after a measure of prices paid by producers reaffirmed that inflation is coming down, warranting further easing by the Federal Reserve.
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11-10-2024
USD/JPY Price Forecast: Consolidates within the 148.00-149.50 range
The USD/JPY edged higher during the North American session as US Treasury yields remained higher, particularly the 10-year T-note, which was up close to four basis points at 4.104%.
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11-10-2024
11-10-2024
Mexican Peso rises on improved risk appetite amid strong USD...
The Mexican Peso registers gains against the Greenback for the second consecutive day after hitting a l...
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11-10-2024
Canadian Dollar sheds weight for eighth straight day...
The Canadian Dollar (CAD) fell against the Greenback for an eighth consecutive trading day as markets p...
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11-10-2024
Dow Jones Industrial Average taps fresh record after US PPI inflation cools in S...
The Dow Jones Industrial Average (DJIA) rose over 400 points bottom-to-top on Friday, bolstered into a ...
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11-10-2024
US: The outlook is improving, but some risks remain – National Bank of Canada...
Recent weeks have been punctuated by a number of positive developments for the U.S. ...
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11-10-2024
Gold continues rallying after dip in US consumer sentiment index...
Gold (XAU/USD) recovers to trade back in the $2,650s on Friday after the release of Michigan Consumer S...
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11-10-2024
EUR/GBP slides lower as analysts bet on ECB easing, UK data beats expectations...
EUR/GBP edges lower on Friday as traders sell the Euro (EUR) due to the increasing likelihood of the Eu...
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11-10-2024
GBP/USD Price Forecast: Bounces from weekly lows as ‘hammer’ hints reversal...
The Pound Sterling recovers some ground against the greenback as a ‘hammer’ emerges on the daily ch...
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11-10-2024
Pound Sterling Price News and Forecast: GBP/USD gains after upbeat UK data, hot ...
The Pound Sterling (GBP) gyrates in a tight range near 1.3060 against the US Dollar (USD) in Friday's N...
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11-10-2024
US Dollar sticks to tight Friday ranger after softer Michigan reading...
The US Dollar (USD) ticks a touch higher on Friday after a very solid rally this week, with the rate di...
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11-10-2024
EUR/USD wobbles in search for fresh Fed, ECB interest rate path cues...
EUR/USD consolidates near 1.0930 in Friday's New York session....
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11-10-2024
Silver Price Forecast: XAG/USD jumps to near $31.50 after US PPI release...
Silver price (XAG/USD) climbs to near $31.50 in Friday’s New York session. ...
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11-10-2024
Crude Oil ignores US data and holds steady ahead of a possible eventful weekend...
Crude Oil is back to square one for this week, stabilizing around Monday’s opening price near $75.00....
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11-10-2024
US UoM Consumer Confidence Index declines to 68.9 in October vs. 70.8 expected...
Consumer confidence in the US weakened slightly in early October, with the preliminary University of Mi...
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11-10-2024
Mexican Peso lifted by Banxico Minutes, Finmin meets US bank chiefs...
The Mexican Peso (MXN) edges higher in its most-traded pairs on Friday, carrying momentum over from its...
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11-10-2024
USD/CAD surrenders some gains after US PPI, Canadian Employment data...
The USD/CAD pair gives up some of its intraday gains after posting a fresh two-month high to near 1.378...
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11-10-2024
Pound Sterling gains after upbeat UK data, hot US PPI...
The Pound Sterling (GBP) gyrates in a tight range near 1.3060 against the US Dollar (USD) in Friday's ...
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11-10-2024
Canada Unemployment Rate declines to 6.5% in September vs. 6.7% expected...
The Unemployment Rate in Canada edged lower to 6.5% in September from 6.6% in August, Statistics Canada...
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11-10-2024
Eurozone: Situation not as bad as it looks? – Rabobank...
A slew of (significantly) weaker-than-expected PMI surveys in the Eurozone in the past two months has i...
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11-10-2024
US annual PPI inflation edges lower to 1.8% in September vs. 1.6% expected...
The Producer Price Index (PPI) for final demand in the US rose 1.8% on a yearly basis in September, the...
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