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Forex Analysis

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Forex Analysis Headlines

Gold Challenges $1300 After Ho-Hum Inflation

Gold futures rose Friday moring, after relatively tame U.S. inflation data fueled speculation the Federal Reserve will delay raising interest rates. Gold nudged up near $1300 an ounce, adding to weekly gains. The U.S. consumer price index rose only 0.5% ...

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Crude Oil Rebounds Ahead Of U.S. Rig Count

Crude oil prices rebounded Friday morning ahead of a slew of just-released economic data. WTI light sweet crude oil was up 90 cents at $51.54 a barrel, resuming a recent rally. The U.S. consumer price index rose only 0.5% last ...

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Dollar Slides After U.S. CPI, Retail Sales

Following the release of U.S. CPI and retail sales for September at 8:30 am ET Friday, the greenback slipped against its major rivals. The greenback was trading at 111.90 against the yen, 0.9745 against the franc, 1.1838 against the euro ...

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UK Economy Expands At Muted Rate In Q3: BCC

The UK economy expanded at a muted rate in the third quarter despite improvements in manufacturing activity, quarterly economic survey from the British Chambers of Commerce showed Friday. In the manufacturing sector, the balance of firms reporting increased export sales ...

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Euro Weakens As Report Shows ECB To Extend QE Into 2018

The euro declined against its major counterparts in the European session on Friday, after media reports showed that the European Central Bank is likely to extend its asset purchase program into next year, while reducing monthly purchases to 30 billion ...

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