The Dollar Index (DXY) seems to have entered a consolidation phase early Thursday after climbing to a weekly high near 105.00 on Tuesday. S&P Global will release preliminary May Manufacturing and Services
GBPUSD is hovering around 1.2560 in Asian trading on Tuesday following the improved risk appetite. The Pound Sterling received support from higher-than-anticipated UK Gross Domestic Product (GDP) figures released on Friday. The
The Japanese Yen remains under bearish pressure and was trading on Friday at its weakest level in over three decades against the US Dollar following the Bank of Japan’s decision to leave
The US Dollar is under modest selling pressure as investors gear up for key data releases. The US Bureau of Economic Analysis will publish the first estimate of the annualised gross domestic
Gold has recovered its recent losses, trading around $2,370 per troy ounce during Thursday’s Asian session. The safe-haven yellow metal gained ground as traders exercise caution amidst heightened geopolitical tensions in the
Growing expectations for a delay in the Federal Reserve’s policy pivot and escalating geopolitical tensions, fuelled an impressive US Dollar rally last week. After rising over 1.5% in the previous week and
The EURUSD pair fell further to 1.0720 Thursday after the European Central Bank decided to hold its Main Refinancing Operations Rate steady at 4.5%. The ECB was widely anticipated to keep its
Following Wednesday’s sharp decline, the US Dollar Index (DXY) continued to push lower on Thursday, with the negative shift seen in risk sentiment, helping the USD stay resilient against its rivals. US
The USDCHF pair rallied to 0.9070 in early European trading on Thursday, with the Swiss Franc strengthening as softer-than-expected Consumer Price Index (CPI) data for March boosted expectations of one more interest
The price of silver jumped to $25.80 on Tuesday after the United States Bureau of Labor Statistics (BLS) reported steady JOLTS job opening figures for February. US employers posted 8.756 mln, against
