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Markets
China trade data clouds EUR/USD outlook – ING
EUR/USD may have carved out a key low, but weak Chinese trade data and uncertainty over the US labor backdrop limit confidence in a sustained rebound, ING's FX analyst Chris Turner…
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Pound Sterling faces pressure amid BoE concerns over UK near-term demand outlook
The Pound Sterling (GBP) trades lower against its major currency peers on Friday, except second-level safe-haven currencies. The British currency has come under pressure after the…
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Dow Jones futures gain amid easing US-China tensions, Michigan Consumer Sentiment awaited
Dow Jones futures advance 0.20% to trade above 47,100 during European hours ahead of the opening of the United States (US) regular session on Friday. Moreover, the S&P 500…
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Eyes fresh six-month highs near 1.4150 within overbought zone
USD/CAD continues its winning streak for the seventh consecutive day, trading around 1.4120 during the European hours on Friday. The technical analysis of the daily chart indicates…
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Gold holds gains amid reviving safe-haven demand, stays below $4,000
Gold (XAU/USD) sticks to modest intraday gains through the Asian session on Friday, though it lacks follow-through buying and remains below the $4,000 psychological mark amid mixed…
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