Weaker

The Reserve Bank of New Zealand left interest rates unchanged at 5.50% for the eighth straight month in July, as expected. Their official statement indicated that their restrictive monetary policy had succeeded in reducing price…

By Gertrude Chavez-Dreyfus NEW YORK (Reuters) - The U.S. dollar fell on Friday after data showed inflation in the world's largest economy eased last month, boosting expectations that the Federal Reserve will start cutting interest rates…

Written by Colin Howe and Mohi Narayan NEW DELHI (Reuters) - Oil prices fell in Asian trading on Monday after a survey on Friday showed weak US consumer demand and with crude production rising in May in China, the world's largest…

By Fergal SmithTORONTO (Reuters) - The Bank of Canada would be willing to cut interest rates three times before the Federal Reserve's first move before a currency decline threatens to jeopardize inflation expectations, the average…

Written by Paulina DevittLONDON (Reuters) - The global platinum deficit in 2024 will be deeper than previously expected due to lower supplies from mines in South Africa and Russia, the World Platinum Investment Council said on Monday.The…

US March employment data came in below expectations at 175K versus estimates of 243K. The prior month was revised higher to 315K from the previously reported 303K. The unemployment rate rose to 3.9% from 3.8%, while average hourly…

The AUDUSD buyer took the price higher after the weaker ISM flash data and Richmond Fed manufacturing data. The prehire has now taken the price above the 38.2% retracement of the move down from the April high to the April low. The level…

Euro (EUR/USD, EUR/CHF) News and AnalysisLower eurozone inflation points to June ECB rate cutEUR/USD lifts after dovish Fed speak and subdued US activity dataEUR/CHF rises to significant level of resistanceFor further euro insight…

Gold Price (XAU/USD) Analysis and ChartGold looks set for a sixth straight session of gainsConflict in Ukraine and Gaza underpins the marketThe prospect of lower interest rates, albeit not imminently, is helping tooDownloadour free Q1 Gold…

Local CPI Key Takeaways:1. Consumer inflation in South Africa increased in January 2024, driven by rising prices for food, housing, utilities, transport, and miscellaneous goods and services.2. The annual consumer price inflation rate was…