Share: Gold price recovers sharply, supported by Greenback’s correction as the US economy appears to lose resilience. US firms start to operate at lower capacity in...
Share: NZD/USD kisses 0.6000 as the US Dollar faces intense selling pressure due to soft labor demand. Easing labor market conditions could allow the Fed to...
Share: EUR/GBP falls back as expectations of more interest rates from the ECB threaten the economic outlook. Eurozone inflation expanded in August due to the hot...
Share: USD/CNH takes offers to reverse the previous day’s recovery moves, the first in three. China NBS Manufacturing PMI improves, Non-Manufacturing PMI eases in August. Convergence...
Share: AUD/USD strives for stability above 0.6500 for a fresh upside ahead of US NFP. The Australian Dollar as a proxy to Chinese economy might come...
Share: GBP/USD picks up bids to pare the first daily loss in four, bracing for the weekly gain. Cable bounces off 50-SMA after retreating from five-week-old...
Share: According to the latest data published on Friday, China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) jumped back into the expansion territory, coming in at 51.0...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
Share: US Dollar Index bulls pause at the highest levels in fortnight after the five-day winning streak. Comparatively better US PMI keeps Fed hawks hopeful despite...
Share: GBP/USD extends its downtrend to seven consecutive days amid mixed economic data from the United States (US), while further deterioration in the United Kingdom (UK)...
Share: Pound Sterling tests last week’s low as UK’s preliminary S&P Global PMI remained downbeat. United Kingdom’s factory activity registers 12th straight contraction as the BoE...
Share: AUD/USD has gauged temporary support near 0.6720 amid a cautious market mood. The Fed is expected to resume its rate-hike cycle after a skip in...
Share: EUR/USD stays defensive at the lowest levels in eight days after snapping three-week uptrend. Three-month-old horizontal support zone challenges Euro sellers as MACD signals suggest...
Share: AUD/USD bounces off one-week-old descending support line after posting the first weekly loss in three. RSI’s rebound from oversold territory adds strength to Aussie pair’s...
Share: GBP/USD remains indecisive after posting the biggest weekly loss in six months. Cable pair sees between 100-EMA and 200-EMA as oscillators fade bearish bias. The...
Share: Gold Price remains pressured towards the key SMA Confluence after three-day losing streak from multi-week high. US Dollar recovery jostles with risk-on mood to keep...
Share: Gold Price drops back towards multi-month-old horizontal support amid risk-off mood. Sour sentiment, hawkish Federal Reserve Minutes propel US Dollar and weigh on XAU/USD. United...
Share: NZD/USD is consolidating around 0.6200 as FOMC minutes have come under spotlight. S&P500 futures have extended losses in Europe, portraying strength in the risk-aversion theme....
Share: EUR/GBP has faced pressure around 0.8575 as UK Services PMI has matched expectations. The UK economy is facing issues of labor shortages due to Brexit...
Share: EUR/USD edges higher past convergence of 21-DMA, 50-DMA amid sluggish session. US ISM Manufacturing drops to its lowest level in three years and tests hawkish...