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Forex
US Durable Goods Orders rise 2.9% in August vs. -0.5% expected
Durable Goods Orders in the US rose unexpectedly in August.US Dollar Index stays in positive territory above 98.00.New orders for manufactured durable goods…
Fed’s Goolsbee: Job market seems to be cooling, inflation is going up
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee repeated on Thursday that he fells "somewhat uneasy" with frontloading too many rate cuts based…
Fed’s Schmid: Recent data points to rising risks to job market
Federal Reserve (Fed) Bank of Kansas City President Jeffrey Schmid said on Thursday that the Fed is currently close to meeting its mandates, but added that…
EUR/USD slumps as US Dollar surges on strong US data, tests 1.1700
The Euro weakens for the second consecutive day as robust US data boosts the Greenback.Jobless Claims, GDP and Durable Goods all beat expectations, signaling…
US real GDP expands 3.8% in Q2 vs. 3.3% expected
The US economy expanded at a robust pace in the second quarter.The US Dollar Index clings to strong daily gains above 98.00.The United States' (US) Gross…
GBP/USD falls to three-week low as strong US data boosts Dollar
The British Pound weakens as upbeat US data drives broad-based demand for the Greenback.US GDP revised sharply higher; Jobless Claims and Durable Goods beat…
EUR/GBP rises to late-July highs amid UK fiscal strains and political uncertainty
Euro gains ground against the Pound amid UK fiscal and political uncertainty.German GfK Consumer Confidence beats forecasts, with income expectations…
Gold balances strong US data against geopolitical risks
Gold slips below $3,750 after stronger US data lifts the Greenback and yields.Q2 GDP revised higher to 3.8% annualized, Durable Goods Orders surge 2.9% in…
Canada FX Today: The Canadian Dollar awaits a GDP lifeline as economic headwinds mount
The Canadian Dollar (CAD) remains under slight pressure on Thursday against the US Dollar (USD) as markets anticipate the release of July's monthly Canadian…
United States FX Today: The US Dollar climbs as we approach crucial PCE inflation data
The US Dollar Index (DXY) is trading strongly on Thursday, awaiting data on the Personal Consumption Expenditures (PCE) Price Index, due on Friday at 12:30…