The US dollar struggled to find demand following mixed macroeconomic data releases on Thursday. The Initial Jobless Claims declined by 12,000 to 216,000 for the week ending October 26, while the Employment
The US Dollar Index rose more than 2% in the previous week and registered its largest one-week gain of 2024. The index remains in a consolidation phase at around 102.50 in European
The U.S. added a disappointing 142,000 jobs to the labour market in August, less than the expected 160,000 nonfarm payrolls, prompting the CEO of a leading financial advisory and fintech, to call
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
Euro-Dollar edged higher to near the round-level resistance of 1.0800 in European trading on Friday, with the performance of the currency pair remaining weak in the past few days. EURUSD failed to
The US jobs report highlights a super hot US economy, underscoring that there is a real risk that interest rates won’t be cut until 2025, the CEO of a leading financial advisory
USDJPY spiked higher by over half a percent just after the release of US nonfarm payrolls (NFP) data, on Friday. USDJPY traded in the upper 156s after the US Dollar strengthened as
Gold traders and investors expected the European Central Bank to cut interest rates by 25 basis points for the first time since 2019 in its meeting on Thursday, making it the first reversal
USDJPY bulls are further encouraged by a weakening Japanese Yen following data that shows real wages declining for the 25th straight month in April, as domestic inflation in Japan continues to outpace
Silver (XAG/USD) declined below the psychological support of $30.00 in Tuesday’s European session. The white metal weakened from its multi-year high of $32.50 as the DXY Dollar Index saw a rebound amid
