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Markets
EUR/USD strives to gain ground near 1.1600, outlook remains uncertain
The EUR/USD pair attempts to stabilize around 1.1600 during Wednesday’s Asian session, following a three-day losing streak. The major currency pair struggles to gain ground as the…
UK CPI expected to double BoE’s 2% target in September
The United Kingdom (UK) Office for National Statistics (ONS) will publish the highly relevant Consumer Price Index (CPI) data for September on Wednesday at 06:00 GMT, with markets…
XAG/USD slumps to near $48.00 as traders lock in profits
Silver price ( XAG/USD) extends the decline to around $48.10 during the early Asian session on Wednesday. The white metal remains under pressure after facing its steepest sell-off…
WTI rises above $57.50 amid easing US-China trade tensions
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $57.55 during the early Asian trading hours on Wednesday. The WTI rises as a sign that easing US-China…
Japanese Yen weakens to near 152.00 as Takaichi elected as Japan Prime Minister
The USD/JPY pair attracts some buyers to six-day peaks near 151.90 during the early Asian session on Wednesday. The Japanese Yen (JPY) weakens against the US Dollar (USD) after…
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EUR/USD slips as Dollar rises on trade talks, US government optimism
EUR/USD falls during the North American session, edges lower 0.31% as the Greenback remains bid as a sign of relief as US President Trump tempers his rhetoric on China. The pair…
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Dow Jones claims record high on earnings beats
The Dow Jones Industrial Average (DJIA) surged into a record high on Tuesday, testing above 47,000 and posting a new all-time intraday high of 47,126. ‘Old economy’ stocks from…
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