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Forex
USD/JPY consolidates around 147.00 at the start of busy US-data week
USD/JPY oscillates in a tight range around 147.00 as both the US Dollar and the Yen are underperforming.Investors expect the Fed to cut interest rates in the…
EUR/USD edges higher above 1.1700 as Fed cut bets grow
The Euro gains 0.20% to 1.1708 in a muted session driven by a softer Dollar and September Fed cut expectations.US traders’ eye NFPs and ISM PMI, while Trump…
GBP/USD rises as risk appetite floats higher heading into tense week
GBP/USD climbed 0.3% on Monday, bolstered by a general uptick in market sentiment.Markets are tilted into the risk-on side ahead of a packed data docket.This…
Gold nears all-time high as US Dollar weakens and Fed rate cut bets grow
Gold's rally continues, with the metal advancing for a fifth consecutive session, pressing toward the all-time high zone.A broadly weaker US Dollar, with the…
Is American exceptionalism over?
American exceptionalism describes the idea that the United States (US) benefits from structural advantages – economic, financial, technological and…
EUR/USD steadies above 1.1700 as US Dollar stabilizes in holiday-thinned trade
EUR/USD holds steady above 1.1700 as the US Dollar stabilizes after earlier weakness.Eurozone PMI readings indicate resilience, with manufacturing in expansion…
China’s NBS Manufacturing PMI rises to 49.4 in August, Non-Manufacturing PMI climbs to 50.3
China’s official Manufacturing Purchasing Managers' Index (PMI) rose to 49.4 in August, compared to 49.3 in the previous reading. The reading came in below the…
AUD/USD extends the rally to near 0.6550 ahead of China’s Caixin Manufacturing PMI release
AUD/USD edges higher to around 0.6540 in Monday’s early Asian session.China's factory activity contracts in August Markets expect the Fed to cut the interest…
EUR/CHF Price Forecast: Euro steadies below 100-day EMA, eyes 0.9400 hurdle
EUR/CHF holds modest gains after a two-day rebound, though intraday momentum is fading.The cross is trading just below the 100-day EMA, with resistance at the…
Breaking: US core PCE inflation rises to 2.9% in July as anticipated
Annual inflation in the United States (US), as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, held steady at 2.6% in July,…