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Forex
EUR/USD holds loses around 1.1650 ahead of Eurozone PMI data
EUR/USD remains subdued as traders adopt caution ahead of HCOB Purchasing Managers’ Index data.Eurozone HCOB PMIs forecast stand at 49.5 for Manufacturing and…
Gold keeps the red amid hawkish Fed-inspired USD strength; downside seems limited
Gold drifts lower on Thursday as hawkish FOMC Minutes continue to underpin the USD.Hopes for a Russia-Ukraine peace deal further exerted pressure on the…
VNET Group (VNET) reports Q2 loss, tops revenue estimates
VNET Group (VNET) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.02. This compares to earnings of $0.06 per share…
JPY underperforming G10 – Scotiabank
The Japanese Yen (JPY) is weak, down 0.3% against the US Dollar (USD) and underperforming all of the G10 currencies into Thursday’s NA session, Scotiabank's…
EUR/USD holds ground around 1.1650 as markets eye US PMI release
EUR/USD trades muted around 1.1650 on Thursday, consolidating as markets digest Eurozone PMI data and US labor figures.The US-EU trade framework has been…
Gold Price Forecast: XAU/USD approaches key resistance around $3,330
Gold is trimming losses after a two-day reversal, but the broader trend remains negative.Risk aversion after Wall Street's sell-off and lower geopolitical…
NZD/USD licks its wounds above 0.5815 after a post-RBNZ selloff
The New Zealand Dollar dropped beyond 1% after a dovish cut by the RBNZ.The bank cut rates by 25 bps, with two policymakers voting for a 50 bps cut.The US…
USD/JPY trades slightly lower around 147.50 ahead of key US-Japan economic events
USD/JPY falls slightly to near 147.50 amid caution ahead of FOMC minutes and Jackson Hole Symposium.The Fed is expected to cut interest rates in the September…
USD mixed, NZD tumbles after RBNZ – Scotiabank
The US Dollar (USD) is trading mixed versus is major currency peers but gains versus the core majors overnight appear to have peaked, leaving the Dollar Index…
USD/JPY: Likely to trade in a range between 147.35 and 148.20 – UOB Group
The current price movements in Japanese Yen (JPY) are likely part of a range-trading phase between 147.35 and 148.20. In the longer run, USD has likely moved…