Soft CPI Overpowers Oil Shock as Dollar Retreats and Fed Gets Breathing Room
Dollar fell broadly in early trading after June CPI delivered a much larger-than-expected downside surprise, shifting market attention away from escalating geopolitical risks and...
AUD/NZD Tests Double Top Breakdown as RBNZ’s Conway Revives Faster Tightening Bets
Only a week after the Reserve Bank of New Zealand suggested lower oil prices would help ease inflation, one of its most senior policymakers...
Gold Slides as Oil Surges and Fed Hike Bets Build, Leaving $4,000 Increasingly Vulnerable
Gold is finding itself squeezed by two markets moving in the same direction. Oil is rebuilding inflation fears, while the Federal Reserve is becoming...
Dollar Stalls Despite Iran Escalation Ahead of Critical CPI and Fed Warsh Testimony
Escalating conflict in the Middle East would normally be enough to send the Dollar sharply higher. Instead, markets hesitated. Brent crude climbed above $79...
