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Forex
BoE’s Greene: Disinflationary process is still ongoing
Bank of England (BoE) rate-setter Megan Greene said on Saturday that disinflation in the United Kingdom is set to continue despite a rise in consumer-price…
AUD/USD falls as US Dollar bulls return following NFP data
The US Dollar firms on easing US-China trade tensions and a better-than-expected NFP report. Nonfarm Payrolls show that 139,000 jobs were added to the US…
Pound Sterling Price News and Forecast: GBP/USD slips as strong US jobs data cools Fed rate cut bets
GBP/USD slips as strong US jobs data cools Fed rate cut bets
GBP/USD tumbled during the North American session, down over 0.30% after the latest jobs report…
Fed’s Harker: Still possible the Fed can cut rates later this year
Federal Reserve (Fed) Bank of Philadelphia President Patrick Harker is embarking on a farewell tour. The Philly Fed head is set to retire at the end of June,…
Silver Price Forecast: XAG/USD hits a 13-year high on increased demand for the industrial metal
Silver prices rise to 13-year highs as the white metal tests $36.00.Demand for Silver as an industrial metal surges despite softer demand for safe havens.The…
Dow Jones Industrial Average leans bullish post-NFP
The Dow Jones tested 13-week highs on Friday after NFP jobs data beat the street.China approved rare earth exports to the US, bolstering trader hopes for a…
USD/JPY Price Forecast: Soars to weekly high, near 145.00 on hot US jobs report
USD/JPY climbs 0.87% to 144.83, nearing breakout above the Ichimoku Cloud.Strong US jobs report and higher Treasury yields fuel Greenback’s rally.Bulls eye…
Mexican Peso climbs to eight-month highs against the US Dollar despite upbeat US jobs data
The Mexican Peso extends its gains against the US Dollar as markets adopt a ‘risk-on’ sentiment following the easing of US-China tensions.USD/MXN remains in a…
Gold sinks on solid US jobs report but clings to weekly gains
XAU/USD falls after strong NFP data cuts rate cut hopes, but holds weekly gain above 1.30%.US adds 139K jobs in May; Unemployment Rate steady at 4.2%, boosting…
EUR/USD declines on hot US NFP report, dents ECB-driven Euro rally
Euro failed to capitalize on upbeat GDP and retail sales; ECB rate cut seen as nearing its limit.The US economy added 139K jobs in May, the second-highest in…