Share: Gold price faces pressure as marginally weak US NFP and higher manufacturing PMI The US jobless rate rose to 3.8%. Fresh payrolls were 187k, outperformed...
Share: Fed Chairman Jerome Powell will deliver a speech on the US economic outlook at the Jackson Hole Symposium. Powell’s comments on monetary policy and interest...
Share: Euro manages to rebound from 1.0770 vs. the US Dollar. Stocks in Europe maintain the positive mood. EUR/USD approaches the 1.0900 barrier ahead of Jackson Hole....
Share: Oil (WTI) trades at $79.86 and holds cards to close back above $80. The US Dollar strength is rolling through markets in the wake of...
Share: Pound Sterling refreshes 11-week low as higher interest rates dampen economic prospects. UK construction firms go out of business due to stubborn cost inflation. The...
Share: Gold price trades sideways as investors shift focus to the speech from Fed Powell at Jackson Hole. The market mood remains jittery as to whether...
Share: US Dollar price action fairly contained in the aftermath of the US Jobs report. ISM Manufacturing up next to try and move the needle or...
Share: US Dollar price action in the green against nearly every major G10 currency. Traders will be hearing from both Lagarde and Powell this Friday. US...
Share: Pound Sterling rebounds from 14-week low but recovery seems restricted due to deepening recession fears. UK housing and manufacturing sectors have surrendered against BoE’s aggressive...
Share: The Euro picks up further pace above 1.0800 against the US Dollar. Stocks in Europe maintain the optimism at the beginning of the week. The USD...
Share: US Dollar price action begins week in the red, eating into Friday’s gains. Traders face an eventful week with the monthly US jobs report out...
Share: Gold price turns sideways after a solid recovery as investors await fresh triggers for further action. Fed’s Powell kept doors open for further policy tightening...
Share: Pound Sterling trades sideways as investors need fresh cues about the BoE’s possible interest rate peak. UK inflation is highest among G7 economies due to...
Share: Oil (WTI) sees a boost in its price with hurricane Adalia and OPEC+ production cuts. US Dollar strength tops out and could start to abate...
Share: JOLTS report will be watched closely by Fed officials ahead of August jobs data. Job openings are forecast to decline to 9.46 million on the...
Share: Natural Gas price jumps in the US and Europe. The US Dollar is set to weaken after its relentless peak last week. Uptrend still intact...
Share: US Dollar price action slides after the US opening bell. Traders face an eventful week with the monthly US jobs report on Friday. The US...
Share: Gold price recovers strongly to near $1,920.00 as pressure builds on US Dollar and Treasury yields. Fed’s September policy action will be highly guided by...
Share: Oil (WTI) price flirts with a new yearly high. US Dollar slips ahead of a key US jobs report. Baker Hughes Oil rig count data...
Share: The Euro reverses the initial pessimism vs. the US Dollar. Stocks in Europe keep the mixed note so far on Wednesday. EUR/USD now refocuses on the...