Dhwani Mehta | TalkMarkets | Page 1
Senior Analyst and Editor, FXStreet
Contributor's Links: FXStreet
In 2007, Dhwani set out in the world of finance as an amateur in the commodities market and pursued it as a full-fledged career from 2010. She worked across top Indian brokerages and a commodity exchange until her collaboration with FXStreet in 2014 as an Editor and Analyst. Dhwani's profile ...more

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Forex Today: US Dollar Appears To Find A Floor, Focus Shifts To PCE Inflation Data
Attention turns toward the US Core Personal Consumption Expenditures Price index data and speeches from several Fed policymakers for fresh insights into the US central bank’s interest rate outlook.
Fed’s Harker: Next Fed Rate Choice Could Go Either Way Depending On Data
Commenting on the US Federal Reserve interest rate outlook, Philadelphia Fed President Patrick Harker said that the “next Fed rate choice could go either way depending on the data.”
UK Manufacturing Production Rises 2.4% MoM In June Vs. 0.2% Expected
The United Kingdom’s industrial sector activity showed an improvement in June, the latest data published by Office for National Statistics showed on Friday.
China’s July Trade Balance: Surplus Expands As Exports And Imports Fall More Than Expected
China's Trade Balance for July came in at CNY575.5 billion versus CNY625.25 billion and CNY491.25 billion last. Exports plunged 9.2% in the reported period vs. -8.9% expected and -8.3% previous.
EUR/JPY Leaps To 158.00 As BoJ Said To Leave Policy Unchanged
The EUR/JPY pair has seen a vertical rise over the last hour, as the Japanese Yen came under intense selling pressure following the latest headlines on the potential Bank of Japan policy outlook.
UK Final GDP Expands 0.1% QoQ In Q1 Vs. 0.1% Expected
The UK economy grew 0.1% in the quarter in the first three months of 2023 vs. 0.1% prior, the final revision confirmed on Friday.
Gold Price Forecast: XAU/USD Consolidates Around $1,930
Gold price is retreating from the highest level seen in nine months at $1,938 in the Europen session, as the renewed uptick in the US Treasury bond yields is aiding the recovery in the US Dollar.
AUD/USD Attacks 0.6700 Amid A Massive 1.50% Sell Off
AUD/USD is attempting a dead cat bounce above 0.6700. The US Dollar demand remains unabated despite the risk rally.
German Retail Sales Plunge By 5.0% YoY In October Vs. -2.8% Expected
German Retail Sales arrived at -5.0% YoY in October vs. -2.8% expected. Retail Sales in Germany came in at -2.8% MoM in October vs. -0.6% expected.
Gold Price Forecast: Will XAU/USD Recapture $1,950 On Powell's Testimony?
Russia’s aggression on Ukraine remains relentless, refueling a fresh wave of risk-aversion across the financial markets. Jittery markets once again came to the rescue of gold, helping the bright metal stage a solid rebound.
Gold Price Forecast: XAU/USD Eyes $1,811 And $1,818 As The Next Bullish Targets – Confluence Detector
Gold price is riding higher on the hawkish central banks’ decisions and year-end flows, having taken out the critical $1,800 mark. The US dollar and yields lick their wounds, lending support to the bright metal.
EUR/USD Drops Back To 21-DMA As ECB Plans QE Boost
EUR/USD reverses the previous rebound to test 21-DMA, now support. Cautious mood lifts the demand for the safe-haven US dollar.
Reserve Bank Of New Zealand Preview: A Rate Hike Fully Priced In, Lose-Lose For The Kiwi?
The Reserve Bank of New Zealand is likely to announce a 25bps rate hike on Wednesday. All eyes will remain on the economic projections as a rate hike is fully priced in.
USD/CAD Eases Below 1.2600 Ahead Of Canadian Retail Sales
USD/CAD resumes its decline as WTI’s recovery counters USD rebound. A cautious mood amid inflation concerns buoys the greenback.
Gold Price Forecast: XAU/USD’s Path Of Least Resistance Appears Up, $1834 Still Eyed – Confluence Detector
Gold price retreats from two-month highs await US inflation figures. USD rebounds with Treasury yields restrict gold’s bullish momentum.
Gold Price Forecast: $1791 Appears A Tough Nut To Crack For XAU/USD Bulls – Confluence Detector
Gold price extends previous gains, with eyes again on the $1791 level. Gold bulls defy the uptick in the USD, as Treasury yields pare gains.
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