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Forex
EUR/USD hangs near two-week low, below mid-1.0800s ahead of Eurozone PMIs
EUR/USD drifts lower for the second straight day and drops to a nearly two-week low.
The ECB’s dovish outlook continues to undermine the Euro and exerts…
Platinum price today: Platinum broadly unchanged, according to FXStreet data
Platinum prices (XPT/USD) broadly unchanged on Wednesday, according to FXStreet data.
Platinum trades at $947.90 per troy ounce, broadly unchanged…
EUR/JPY dives to over one-month low amid BoJ rate-hike bets, Eurozone PMIs in focus
EUR/JPY turns lower for the third straight day and drops to over a one-month low on Wednesday.
The recent suspected intervention, along with BoJ rate-hike…
Gold price consolidates above $2,400, looks to global PMIs for some impetus
Gold price struggles to capitalize on the previous day’s recovery from over a one-week trough.
The USD climbs to a nearly two-week high on Wednesday and…
USD/JPY strengthens above 155.50, investors await US PMI data
USD/JPY advances near 155.85 in Wednesday’s early Asian session, up 0.24% on the day.
The higher possibility of a BoJ interest rate hike might support the…
EUR/USD backslides in runup to key midweek data prints
EUR/USD grinds down back to 1.0850 as investors huddle ahead of key data prints.
EU and US PMI figures are due on Wednesday.
US GDP update and PCE…
Dow Jones Industrial Average flatlined on quiet Tuesday as investors await key US data
The Dow Jones failed to make meaningful headway on Tuesday.
A trio of US data prints loom overhead throughout the week's back half.
With hopes of a…
Forex Today: Global PMIs take centre stage
The risk-off sentiment prevailed on Tuesday, motivating the Greenback to regain some balance despite yields retreated in the global money markets. Moving…
GBP/JPY plunges below 201.00 as Yen recovery continues
GBP/JPY followed other Yen pairs lower on Tuesday.
The Yen is extending a near-term recovery after successive “Yenterventions”.
Key UK and Japanese…
Gold prices rebound on US yields dip, ahead of US data
Gold price climbs above $2,400, ending a four-day losing streak amid falling US Treasury yields.
Traders await crucial economic data, including June’s…