The euro remains offered against the US dollar for the second consecutive day on Tuesday. The EURUSD pair’s recovery attempt from fresh one-week lows at 1.1828 remains capped below 1.1850 so far,
By Aaron Hill A bright spotlight falls on Tuesday’s US November employment report, and it is arguably the dominant asset driver. This is due to comments from Fed Chair Jerome Powell last week,
The Federal Reserve held interest rates steady on Wednesday, but the next step is clear that a cut is expected in September, and investors should prepare, according to the CEO of a
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
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,
Following Thursday’s choppy action, major currency pairs are holding steady early Friday as investors gear up for key data releases. Eurostat will publish the Harmonised Index of Consumer Prices (HICP) and the
The GBPUSD pair weakened to 1.2695 in early Asian trading on Thursday. The downtick of the pair is supported by the stronger US Dollar amid higher US yields and lower bets of
The benchmark US crude oil Western Texas Intermediate (WTI) is trading higher around $83.60 on Friday as the market weighed the weaker-than-expected US economic growth data against a potential geopolitical risk from a looming
West Texas Intermediate (WTI) started Tuesday on the low side, falling below $81.00 per barrel before a broad-market recovery in risk appetite dragged barrel bids into a fresh high above $83.00. US
By Craig Erlam Inflation, income and spending data for the US was released on Friday and broadly speaking the numbers were in line with expectations, with one outlier. Spending last month increased
