By FXStreet According to analysts from Wells Fargo, the most relevant number from today’s US CPI report from January was the gain in core CPI. Key Quotes: “On
By FXStreet USD/JPY turned lower and printed fresh daily lows following a short-lived spike boosted by US CPI, as core CPI rose 0.3%, the largest monthly increase since
By FXStreet Analysts at Brown Brotehrs Harriman noted the recent activity in EM’s and summarized as follows. Key Quotes: “1) The recent stabilization in oil prices came too
By FXStreet Analysts at TD Securities noted that the UK Referendum on the EU date is announced next week. Key Quotes: “Lines are drawn in the sand. The
By FXStreet AUD/USD came under renewed pressure and hit fresh weekly lows at the beginning of the New York session as the greenback picked up pace across the
By FXStreet Gold prices recovered from the intraday low, tracking the oil-led losses in the European equities. Prices currently hover around USD 1230/Oz; largely unchanged on the day.
By FXStreet The Mexican central bank (Banxico) surprised financial markets on Wednesday by hiking the monetary policy rate by 50bps at an unscheduled policy meeting.In addition, the country’s
By FXStreet Research Team at Goldman Sachs, suggests that the concern about spillovers from a potential foreign shock is in a key factor behind both US recession fears
By FXStreet The bid tone around EUR/USD pair is recovering on the back of oil-driven weakness in the European stocks ahead of the US CPI release. The pair
