Blogs

South Korea Consumer Price Index Growth (MoM) meets forecasts (0.4%) in January

South Korea Consumer Price Index Growth (YoY) came in at 2.8% below forecasts (2.9%) in January

The AUD/USD prints minimal gains as the Asian session begins, following Thursday’s session that witnessed the Aussie Dollar (AUD) bouncing off year-to-date (YTD) lows of 0.6508 on mixed US economic data.

US equity indexes broadly climbed on Thursday, reclaiming ground lost after US Federal Reserve (Fed) Chairman Jerome Powell hit markets with a much more hawkish stance than many investors were prepared for.

New Zealand ANZ – Roy Morgan Consumer Confidence climbed from previous 93.1 to 93.6 in December

The Canadian Dollar (CAD) is broadly mixed against a basket of major currencies on Thursday but sees some gains against the US Dollar (USD).

EUR/USD dipped and recovered in a rough Thursday session, grinding lower in whipsaw action as the pair tests new lows in the near-term and slips further back from key technical levels.

West Texas Intermediate (WTI) US Crude Oil fell back to around $74.00 per barrel on Thursday after an early spike into $79.00 as markets look for signs that global Crude Oil supply may begin to crack under rising global barrel demand.

The EUR/JPY stages a comeback after bouncing off a weekly low of 158.08 and rising back above the 159.00 figure, gaining 0.14% at the time of writing.

Silver price rises late in the North American session as traders digest the latest central bank’s decisions across both sides of the Atlantic.