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Forex
Gold eases below $4,300 as traders unwind post-NFP gains
Gold (XAU/USD) reverses its course on Tuesday after traders digested the latest US jobs report, which highlighted the labor market weakness and pushed the yellow metal towards a…
Fed’s Bostic warns inflation fight isn’t over, urges caution on rates
On Tuesday, the Atlanta Fed President Raphael Bostic released a blog post called FOMC’s credibility on inflation could be at stake, at the Atlanta Fed website.Atlanta Fed President…
Soft US data maintains US Dollar under pressure
Here is what you need to know on Wednesday, December 17:The US Dollar Index (DXY) tumbled below 98.00 on Tuesday, reaching its lowest level since the beginning of October. The…
USD/JPY dips as Yen gains on BoJ hike bets, US jobs data disappoints
The Japanese Yen (JPY) strengthens against the US Dollar (USD) on Tuesday as the Greenback remains on the back foot following the release of the delayed October and November…
GBP/USD erupts as soft US jobs data crush the Dollar
Pound Sterling outperforms on key UK data, US NFP eyedThe Pound Sterling (GBP) extend its intraday upside move against its major currency peers on Tuesday, following the release of…
GBP/USD erupts as soft US jobs data crush the Dollar
GBP/USD erupts as soft US jobs data crush the DollarThe GBP/USD surges 0.42% on Tuesday as the latest US jobs report revealed the labor mark weakness, while Retail Sales were…
GBP/USD erupts as soft US jobs data crush the Dollar
The GBP/USD surges 0.42% on Tuesday as the latest US jobs report revealed the labor mark weakness, while Retail Sales were unexpectedly unchanged from September figures, an…
US Retail Sales virtually unchanged at $732.6 billion in October
Retail Sales in the United States were virtually unchanged at $732.6 billion in October, the US Census Bureau reported on Tuesday. This print followed the 0.1% increase (revised…
EUR/GBP weakens after UK jobs data and softer Eurozone PMI
The Euro (EUR) weakens against the British Pound (GBP) on Tuesday, as Sterling outperforms most major peers following the release of UK labour market data. At the time of writing,…
EUR/USD near highest level since early October – BBH
EUR/USD is trading near its highest level since October 1 as Eurozone PMI data showed a modest slowdown, while German ZEW expectations improved sharply. The relative policy stance…