MarketPulse Archives - Page 5 of 32

Pound climbs as Labour wins UK election

The EURGBP pair is trading with mild losses near 0.8475 in the early European session on Friday. The Pound Sterling is edging higher as the Labour Party led by Keir Starmer appears to

5th July 2024

Markets/World

Silver breaks below $30.50 on quest for Gaza ceasefire

The price of Silver halted its five-day winning streak, with XAGUSD trading around $30.40 per troy ounce on Thursday. The decline in the safe-haven metal is attributed to increased optimism following signs

4th July 2024

Markets/World

Pound volatility as all eyes on UK election

The EURGBP pair is extending its decline to near 0.8465 in early European trading on Thursday. The Euro is edging lower as the softer Eurozone HICP inflation report prompted the expectation of

4th July 2024

Markets/World

Yen weakens, eyes on Eurozone PMI

The EURJPY currency pair traded in positive territory for the sixth consecutive day near 173.80 on Wednesday during the early European session. The Yen weakened after the data showed that Japanese business

3rd July 2024

Markets/World

Dollar recovers ahead of Powell speech, French elections outcome

EURUSD remains on the backfoot on Tuesday, slightly above 1.0700, as the major currency pair comes under pressure due to expected decline in the preliminary Eurozone HICP data for June. The annual Harmonised

2nd July 2024

Markets/World

Euro gains as Far Right dominates French elections

EURUSD gained 0.50% and jumped to a more than two-week high near 1.0770 in Monday’s European trading. The major currency pair strengthened as initial results of the first round of France’s parliamentary

1st July 2024

Markets/World

Dollar declines ahead of US core PCE inflation reading

EURUSD recovered to near the crucial support of 1.0700 in Friday’s European trading. The major currency pair rises as the market sentiment remains positive ahead of the US core Personal Consumption Expenditure price index (PCE)

28th June 2024

Markets/World

WTI sticks to $81, below two-month high

The benchmark West Texas Intermediate (WTI) attracted fresh buyers in Asian trading on Wednesday and reversed a part of the previous day’s retracement slide from the $81.65 area, or a nearly two-month

26th June 2024

Energy/Markets/World

Silver stuck below $30 as dollar bounces back

Silver slumped below Monday’s close and was near $29.40 in Tuesday’s New York trading. XAGUSD faces selling pressure as the US dollar has bounced back strongly after correcting on Monday. The DXY

25th June 2024

Markets/World

Euro outlook uncertain

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

25th June 2024

Markets/World