Dow Jones struggles as gains constrained to tech sector
[ad_1] The Dow Jones continued to grapple with the 45,000 handle on Wednesday. Tech stocks gained ground after Google “won”…
Category: Forex News
Inflation is still the main concern
[ad_1] Atlanta Federal Reserve (Fed) President Raphael Bostic said that high inflation remained the Fed’s main risk, but added that…
Gold extends rally, notches new record-high above $3,560
[ad_1] Gold continues to push higher, sets new all-time-high. The US Dollar comes under renewed selling pressure after employment-related data.…
GBP/USD rises to 1.3440 as strong UK data offsets US weakness
[ad_1] GBP/USD rebounds from 1.3332 lows 1.3442 as US Dollar slips after Tuesday’s sharp rally above DXY 98.50. US JOLTS…
EUR/USD rebounds to 1.1680 as weak US data fuels Fed cut bets
[ad_1] EUR/USD climbs 0.37% to 1.1679 as the US Dollar Index dips 0.25% to 98.06 following disappointing US economic releases.…
Indian Rupee declines ahead of India GST council meeting, US data
[ad_1] The Indian Rupee slumps against the US Dollar ahead of a two-day GST council meeting. Indian Commerce Minister Goyal…
USD/CHF hovers around 0.8050 as traders adopt caution ahead of Fed Beige Book
[ad_1] USD/CHF struggles ahead of US JOLTS Job Openings and the Fed Beige Book due on Wednesday. The CME FedWatch…
Eurozone food inflation still elevated, but otherwise benign – ABN AMRO
[ad_1] HICP inflation edged slightly higher in August to 2.1% y/y from 2.0% in July, in line with our and…
Gold holds near record high as Fed rate cut bets, trade woes persist
[ad_1] Gold advances to a fresh record high on Wednesday amid a supportive fundamental backdrop. Fed rate cut bets, US…
The strange calm of the US Bond market
[ad_1] Amid an electric political climate in Washington, US Bond markets are showing surprising stability. As US President Donald Trump…