United States Consumer Credit Change registered at $25.45B above expectations ($12.5B) in July

Sep 9, 2024

Forex Today: Caution is poised to increase ahead of US CPI

The US Dollar added to Friday’s strong recovery despite US yields trading mostly on the back foot, all against the backdrop of steady expectations of a rate cut by the Fed later in the month.

Gold climbs ahead of US inflation data as traders eye Fed rate cut

Gold gained ground on Monday as traders braced for the release of August’s inflation report in the United States (US) and looked for hints that the Federal Reserve (Fed) would cut rates by 50 or 25 basis points.