EUR/CHF extends gains as Swiss CPI stays soft, Eurozone Retail Sales disappoint
[ad_1] EUR/CHF extends its recovery for a second consecutive day, supported by diverging macro signals. Swiss CPI remained unchanged at…
Category: Forex News
Initial Jobless Claims rose to 237K last week
[ad_1] Initial Jobless Claims increased to 237K the previous week. Continuing Jobless Claims dropped to 1.940M. According to a report…
EUR/USD softens as US Dollar firms on mixed labor data and weak Eurozone Retail Sales
[ad_1] EUR/USD slips as the US Dollar steadies on mixed US labor data and weak Eurozone Retail Sales. US private…
British Pound ahead of Retail Sales
[ad_1] The British Pound (GBP) falls slightly against the US Dollar (USD) at the time of writing on Thursday, to…
Gold holds firm near record highs amid dovish Fed signals, weaker jobs data shifts focus to NFP
[ad_1] Gold pauses after a record high of $3,578.50 as profit-taking and a steady US Dollar weigh on sentiment. Easing…
Will ADP Employment Report intensify concerns about the US labor market?
[ad_1] The ADP and NFP reports will serve as indicators of US employment this week, the canary in the cage…
Pound Sterling trades stably amid uncertainty over UK interest rate outlook
[ad_1] The Pound Sterling trades broadly stable against its peers after BoE members’ speeches before the Treasury Committee. BoE Governor…
US Services PMI forecast to grow for third consecutive month
[ad_1] The US ISM Services PMI is expected to improve a tad in August. The US services sector should remain…
XAU/USD extends winning streak for seventh trading day
[ad_1] Gold price jumps to near $3,550 amid meltdown in bonds globally. Rising bonds yields indicate mounting fiscal concerns. Investors…
Pound Sterling recovers as 30-year UK gilt yields’ rally hits pause
[ad_1] The Pound Sterling recovers against its peers as UK gilts gain ground after a sharp sell-off. A sharp increase…