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Gold drifts higher above $4,350 as softer US PPI data reduces September Fed hike bets
Gold price (XAU/USD) holds positive ground near $4,360 during the early Asian session on Friday. The...
S&P 500 notches record-high close as rate-hike worries ease
VIDEO SHOWS: N/ASTORY: Wall Street's main indexes ended higher on Thursday, with the Dow ticking up ...
S&P 500 Hits Record High 7,799 as Cool Inflation Data Lifts Rate-Cut Hopes
The S&P 500 closed at a record high after soft July producer price data eased fears of a Fed rate hi...
Swiss Franc gains as US economic data disappoints and Fed hike bets weaken
The Swiss Franc (CHF) strengthens against the US Dollar (USD) on Wednesday as weaker-than-expected US economic data pressures the Greenback, while traders closely follow efforts to reopen the Strait o ...
Japanese Yen consolidates as traders weigh weak US data, market sentiment
USD/JPY trades around 157.65 on Wednesday at the time of writing, little changed on the day, as weakness in the US Dollar (USD) is offset by investors' cautious stance toward the Japanese Yen (JPY).
Silver Price Forecast: Daily momentum improves, but weekly outlook stays bearish
Silver (XAG/USD) jumps more than 4% on Wednesday as weaker-than-expected US ADP employment data and easing energy-driven inflation prompt traders to scale back expectations for Federal Reserve (Fed) r ...
Australian Dollar climbs as softer US data, improving risk sentiment weigh on USD
AUD/USD trades around 0.7060 on Wednesday at the time of writing, up 0.20% on the day. The pair benefits from broad-based US Dollar (USD) weakness as investors react to softer-than-expected US economi ...
US Dollar: Limited downside on softer payrolls – TD Securities
TD Securities strategists expect only modest US Dollar (USD) weakness if July payrolls or the unemployment rate disappoint.
Euro edges higher as weak US labor data, lower Oil prices temper Fed hike bets
EUR/USD trades modestly higher on Wednesday as weaker-than-expected US labor market data and easing energy-driven inflation risks temper Federal Reserve (Fed) rate-hike expectations and weigh on the U ...
United States ISM Services PMI came in at 54.1 below forecasts (54.5) in July
United States ISM Services Employment Index declined to 47.4 in July from previous 51.2
Japanese Yen: Intervention drop seen capped near 153 – TD Securities
TD Securities strategists see the recent intervention-driven USD/JPY decline as cyclical rather than regime-changing. They expect December as the more likely timing for the next Bank of Japan (BoJ) hi ...
Gold hits one-month high on ice hopes and weak Dollar
Gold prices rose in early Wednesday trading, touching a one-month high as European markets opened. Traders remain optimistic that the United States and Iran could reach a peace agreement that would al ...
Strategists lower Euro forecasts, remain skeptical over Yen interventions - Reuters
Reuters’ latest poll of foreign exchange strategists shows a modest downward revision in Euro (EUR) forecasts while highlighting persistent market skepticism over the effectiveness of Japanese currenc ...
Canadian Dollar firms as Oil rebounds, USD softens on weaker ADP data
USD/CAD trades around 1.4040 on Wednesday at the time of writing, down 0.14% on the day, as the Canadian Dollar (CAD) benefits from a rebound in Oil prices.