Below 0.6415, the pair might fall to 0.6375
[ad_1] Aussie Dollar remains depressed, with bears testing two-month lows at 0.6415. US Dollar is outperforming its peers in risk-averse…
Category: Forex News
All eyes on Jackson Hole as Jerome Powell faces his final test
[ad_1] Every summer, the mountains of Wyoming become the center of the economic world. The Jackson Hole Symposium, organized by…
Gold consolidates with downside risks, Jackson Hole to set direction
[ad_1] Gold remains under pressure for a second consecutive day, weighed down by a strong US Dollar and firm Treasury…
EUR/GBP steady above 0.8650 amid weak German GDP, upbeat UK confidence
[ad_1] EUR/GBP trades flat, consolidating above 0.8650 after paring earlier losses. German Q2 GDP shrank by 0.3%, deeper than the…
Harvard endowment adds Gold and Bitcoin to its portfolio
[ad_1] The world’s largest university endowment fund has reached a symbolic milestone. Harvard Management Company (HMC), which manages the university’s $53.2…
Don’t rule out a larger and more persistent impact of tariffs on inflation
[ad_1] In an interview with Bloomberg on Friday, Federal Reserve Bank (Fed) of Boston President Susan Collins said that the…
Canadian Dollar hits three-month low, retail sales fail to lift sentiment
[ad_1] USD/CAD trades near 1.3920, its highest level since May 21, extending a four-day winning streak. Stronger US Dollar underpins…
Gold tops $3,370 as Powell puts September rate cut on the table
[ad_1] XAU/USD climbs 1%, trading above $3,370 after Powell speech. Powell: “Downside risks to the labor market are rising,” opening…
Sharp decline in US Crude Oil inventories, gradual easing of distillate supplies – Commerzbank
[ad_1] Oil prices received support in the middle of the week from an unexpectedly sharp decline in US Crude Oil…
Fed Chair acknowledges rising downside risks to labor market
[ad_1] US Federal Reserve (Fed) Chair Jerome Powell said that they will adopt a new policy framework of flexible inflation…