EUR/USD edges higher as US Dollar weakens, France confidence vote looms
[ad_1] EUR/USD hovers near its strongest level since late July, around 1.1750. France’s Prime Minister François Bayrou faces a crucial…
Category: Forex News
Japanese Yen bears seem reluctant as BoJ rate hike bets offset political turmoil
[ad_1] The Japanese Yen kicks off the new week on a weaker note in the wake of domestic political turmoil.…
We now expect a 50bps Fed cut in September – Standard Chartered
[ad_1] August non-farm payrolls rose just 22k, well below the 75k consensus; three-month average is now 29k. The unemployment rate…
US Treasury Secretary Scott Bessent says the Fed must re-establish its credibility
[ad_1] United States (US) Treasury Secretary Scott Bessent warned that the Federal Reserve (Fed) must re-establish its crediblity and trust…
WTI hits three-month low as OPEC+ meeting looms
[ad_1] WTI falls to $61.20, its lowest level since June 2, before stabilizing near $61.50. Markets brace for Sunday’s OPEC+…
Gold blasts to record $3,600 as weak NFP ignite Fed cut frenzy
[ad_1] XAU/USD rallies to a fresh all-time high after NFP miss, with unemployment rising and wage growth holding steady. US…
Swiss Franc rallies, US Dollar sinks after NFP miss drags USD/CHF to 5-week low
[ad_1] The Swiss Franc strengthens as USD/CHF drops below 0.8000 to its lowest since late July. Weak US NFP data…
Fed’s Goolsbee remains undecided on September rate decision
[ad_1] Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee warned on Friday that while sinking employment data is typically…
Canadian Dollar reverse bullish momentum, backslides further on Friday
[ad_1] The Canadian Dollar tumbled 0.65% against the US Dollar on Friday. Worse-than-expected NFP jobs data sent investors piling into…
EUR’s steady recovery from mid-week low nears key resistance at 1.1725 – Scotiabank
[ad_1] The EUR has made solid progress from its mid-week low to approach the US jobs data more or less…