News

US Dollar (USD) is likely to trade in a range between 146.90 and 147.90. In the longer run, a narrower range of 146.50/148.50 ...
Upside risks to inflation stressed by policymakers recently are fading, and there is still sizeable room to reduce the ...
The Japanese Yen (JPY) is weak, down 0.3% against the US Dollar (USD) and underperforming all of the G10 currencies into ...
Gold struggles to build on Wednesday's gains and trades below $3,350 on Thursday. The benchmark 10-year US Treasury bond ...
Germany’s Manufacturing PMI advanced to 49.9 in August vs. 48.8 forecast. Services PMI for the German economy dropped to 50.1 ...
The Euro (EUR) faced increased selling pressure on Thursday, with EUR/USD edging down toward the 1.1600 contention zone. The marked retracement came as the US Dollar (USD) rose sharply to multi-day ...
Silver (XAG/USD) extends its rebound for a second consecutive day on Thursday, although upside could be limited by a stronger US Dollar (USD) and firm Treasury yields. At the time of writing, the ...
The British Pound (GBP) extends its decline for the fourth consecutive day against the US Dollar (USD) on Thursday, with GBP/USD slipping below the 1.3450 level. At the time of writing, the pair is ...
The FOMC July meeting minutes show that the Federal Reserve is leaning toward inflation data rather than unemployment rates ...
The AUD/USD pair extends its losing streak for the fourth trading day on Thursday. The Aussie pair slides to near 0.6415 in ...
Price action remains soft, and the risk is still tilted to the downside; the major support is probably out of reach for now.
Australia’s inflation story continues to ease, though the pace is hardly dramatic. Q2 Consumer Price Index (CPI) came in at 0.7% QoQ and 2.1% YoY, while June’s Monthly CPI Indicator edged down to 1.9% ...