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Forex
Intel rallies 9% on possible separation from foundary arm
Intel stock has been lifted as much as 9% on Friday following a Bloomberg article.
Semiconductor firm is in talks with Wall Street banks to devise new…
Canadian Dollar fails to spark interest after GDP print
The Canadian Dollar is on the high side for Friday, but flows remain thin.
Canada printed a better-than-expected GDP result in Q2.
Next week brings another…
Dow Jones Industrial Average hits fresh record peak before slumping back to the middle
The Dow Jones clipped a new record high bid to round out the trading week.
US PCE inflation held steady in July, teasing investors without giving further…
USD/JPY Price Forecast: Soars past 146.00 boosted by US yields
USD/JPY maintains a downward bias, needing to break key resistances for a bullish shift.
Short-term buyer momentum faces obstacles at 146.93 (Senkou Span A)…
Mexican Peso holds strong as Mexican Congress takes office
Mexican Peso strengthens against US Dollar as core PCE inflation falls below expectations, boosting prospects for Fed rate cuts.
Ongoing political…
NZD/USD Price Analysis: Pair down, correction appears to be in play
NZD/USD and declined by 0.15% to 0.6250 in Friday's session
The RSI is near 70, indicating the pair is overbought and vulnerable to selling pressure.
The…
US Dollar secures gains after PCE figures, eyes on NFPs next week
US inflation, as measured by the PCE Price Index, remained unchanged at 2.5% YoY in July.
The USD is gaining due to the strength of its economy while…
Australian Dollar down after US PCE figures
USD recovered after signs of sticky inflation on July's PCE.
Recovery momentum in AUD throughout August has been supported mainly by the weak USD and…
EUR/USD extends backslide as Greenback catches Friday bid
EUR/USD trimmed to the downside on Friday, extending into a three day down streak.
EU inflation brought no surprises, US PCE inflation kept rate bets on…
Gold stumbles amid surge in US Treasury yields, rises over 2% monthly
Gold falls below $2,500 following US PCE report, boosting likelihood of September Fed rate cut.
Fed's cautious policy easing strategy stirs uncertainty;…