The EURUSD currency pair eased to 1.1130 Thursday, from a fresh year-to-date high of 1.1175 posted on Wednesday, falling slightly as weak German flash HCOB Composite PMI for August and soft Q2 Eurozone Negotiated Wage Rates
The US Dollar is holding its ground against major rivals early Wednesday as markets wait for the US Bureau of Labor Statistics to announce the preliminary benchmark revisions to Nonfarm Payrolls. Later
Safe-haven flows dominate financial markets at the beginning of the week as investors react to the latest news surrounding the Israel-Iran conflict. S&P will release revisions to July PMI data for the
Silver (XAGUSD) fell sharply to near $28.70 in Thursday’s European trading after posting a fresh weekly high at $29.16. The white metal dropped as the US Dollar rebounds strongly, and the Caixin
Following mixed action in financial markets on Thursday, investors are clinging to a cautious stance on Friday. The US economic docket will feature Personal Consumption Expenditures (PCE) Price Index data for June,
The EURUSD currency pair weakened to near 1.0830 Wednesday, as the preliminary Eurozone Hamburg Commercial Bank (HCOB) Purchasing Managers’ Index (PMI) report for July showed that composite numbers unexpectedly eased due to
Silver plummeted to near $29.00 in Friday’s American trading. The white metal faces an intense sell-off as the outcome of China’s third plenum meeting had less stimulus measures to address economic challenges
Major currency pairs continue to trade in familiar ranges midweek as investors’ search for the next catalyst continues. Later in the day, Fed Chairman Jerome Powell will deliver the Semi-Annual Monetary Policy
The EURUSD extended its recovery to 1.0740 in Tuesday’s European trading, with the major currency pair rising as growing optimism for the Fed to reduce interest rates twice this year has increased
Silver (XAGUSD) found temporary support near $31.20 in Thursday’s trading on Wall Street after correcting from a weekly high of $32.30. The white metal was supported and the Dollar declined further after
