XAU/USD, at fresh record highs, approaching $3,800
[ad_1] Gols approaches fresh all-time highs $3,800, as the US Dollar drifts lower. Investors keep pricing in two further rate…
Category: Forex News
USD/JPY wobbles around 147.70 ahead of flash US PMI, Fed Powell’s speech
[ad_1] USD/JPY trades sideways around 147.70 ahead of Fed Powell’s speech at 16:35 GMT. The Fed reduced interest rates last…
EUR/USD hesitates ahead of flash US PMI data, fed Powell’s speech
[ad_1] The Euro treads water near 1.1800, with downside attempts contained at 1.1785. Eurozone’s manufacturing sector contracted unexpectedly in September…
Dow Jones trims early gains, softens on Tuesday
[ad_1] The Dow Jones touched 46,700 for the first time ever on Tuesday. Despite equity indexes tilted into record highs,…
20-day EMA continues to act as key barrier for US Dollar bulls
[ad_1] USD/CHF trades cautiously around 0.7925 ahead of Fed Chair Powell’s speech. The Fed lowered interest rates last week amid…
NZD/USD bounces up from lows, remains capped below 0.5870
[ad_1] The New Zealand Dollar waves within range against the USD, with support at 0.5845 holding bears. The Greenback pared…
Pound Sterling faces pressure on slowing UK business activity growth
[ad_1] The Pound Sterling weakens against its peers after soft preliminary UK PMI data for September. The UK Composite PMI…
Need to be a bit careful about getting aggressive
[ad_1] Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said on Tuesday that there is low-hiring and low lay-off…
Worried Fed is behind curve on labor market weakness
[ad_1] Federal Reserve (Fed) Governor Michelle Bowman said on Tuesday that she supported the quarter-point interest rate cut and added…
EUR/CHF dips as Eurozone PMIs highlight uneven recovery, SNB in focus
[ad_1] EUR/CHF retreats after a three-day winning streak as the Euro loses traction. Eurozone HCOB flash PMIs show services expanding…