EUR outperforming with modest gain as spreads remain supportive – Scotiabank
[ad_1] The Euro (EUR) is up a modest 0.3% against the US Dollar (USD) and outperforming most of the G10…
Category: Forex News
XAU/USD finds cushion below $3,300 while 50-day EMA acts as key barrier
[ad_1] Gold price finds temporary support below near $3,270, while downside seems more likely. Traders pare Fed dovish bets as…
Pound Sterling slumps against US Dollar as traders pare Fed dovish bets
[ad_1] The Pound Sterling slides to near 1.3200 against the US Dollar as the Greenback trades firmly. Traders pare Fed…
CAD tumbles on trade concerns as markets digest Fed/BoC risk – Scotiabank
[ad_1] G10 currencies are mixed as we head into Thursday’s NA session, with no clear unifying theme as markets respond…
NZD/USD approaches 0.5885 lows on strong US Dollar, downbeat data from China
[ad_1] The New Zealand Dollar gives away its previous gains and drifts closer to multi-month lows at 0.5885. Weak manufacturing…
CAD tumbles to fresh low on trade concerns ahead of August 1 – Scotiabank
[ad_1] The Canadian Dollar (CAD) is soft, trading at fresh lows and plumbing levels last seen in late May as…
Germany annual CPI inflation holds steady at 2% in July vs. 1.9% expected
[ad_1] Annual inflation in Germany remained unchanged at 2% in July. EUR/USD stays in positive territory near 1.1450 in the…
Initial jobless claims edge up to 218K, continuing claims steady
[ad_1] Initial Jobless Claims increased to 218K vs. the previous week. Continuing Jobless Claims stayed the same at 1.946M. According…
Core PCE inflation stays unchanged at 2.8% in June vs. 2.7% expected
[ad_1] Annual core PCE inflation remained unchanged at 2.8% in June. US Dollar Index stays in daily range slightly below…
USD/JPY nears 150.00 as BoJ signals caution on rate hikes – Rabobank
[ad_1] For a brief period this morning, market commentators mused that the BoJ could announce the next rate hike of…