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Forex
USD/CNH Price Prediction: Trades above 23.6% Fibo., bulls seem non-committed near 7.1555
USD/CNH attracts some buyers on Thursday and moves away from over a one-week low.
The technical setup supports prospects for the emergence of fresh selling…
Silver Price Prediction: XAG/USD might continue to face stiff resistance near $28.00
Silver attracts some buying on Thursday and recovers further from the weekly low.
The technical setup warrants caution before positioning for any further…
NBS: China’s economic operation generally stable in July
Following the publication of the high-impact China’s growth and activity data for May, the National Bureau of Statistics (NBS) expressed its outlook on the…
Australian Dollar receives support from moderate employment data
The Australian Dollar recovers daily losses after the release of the moderate jobs data.
The commodity-linked AUD faced challenges as reduced demand and a…
Gold Price Forecast: XAU/USD trades with mild gains near $2,450, eyes on US Retail Sales
Gold price posts modest gains around $2,450 in Thursday’s early Asian session.
The US CPI inflation rose as expected in July.
Any signs of rising…
EUR/USD finds thin gains and a seven-month peak on Wednesday
EUR/USD rose to a fresh seven-month high on Wednesday before falling back.
EU GDP growth landed exactly where markets expected, and US CPI inflation cooled.…
RBNZ’s Orr: Inflation is returning to sustainable target band
Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr addressed a New Zealand Parliament committee early Thursday, stating that the New Zealand central bank…
Canadian Dollar pares some losses in lopsided Wednesday trading
The Canadian Dollar recovered some ground on Wednesday.
Canada remains absent from the economic calendar, strictly low-tier data on offer.
The CAD shed…
Australian Dollar down after RBNZ’s dovish hints
AUD/USD shows a decrease, dropping to 0.6615.
RBA maintains its hawkish position, potentially balancing the downside.
RBNZ’s dovish posture dragged down…
Dow Jones Industrial Average climbs 300 points post-US CPI
The Dow Jones climbed 300 points on Wednesday post-CPI inflation print.
US consumer-level inflation eased as expected in July.
Market bets of a September…