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Update: US Equity Indexes Slip After Fed's Preferred Inflation Gauge Accelerates in July
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe...
Japanese Yen slips ahead of Tokyo CPI
USD/JPY trades around 159.40 on Wednesday, holding onto modest gains as a firmer US Dollar (USD) kee...
Stocks mixed as oil drops, US inflation stays high
Wall Street stocks finished lower Wednesday after US inflation came in steady but elevated as market...
FTSE 100 drops back and Oil prices gain
The FTSE 100 has fallen back from a record high, while a rise in oil points to nervousness ahead of the weekend, says Chris Beauchamp, Chief Market Analyst at online trading and investing platform IG.
Australian Dollar holds despite weak Chinese PMIs
AUD/USD trades around the 0.7020 area during Friday's American session.
British Pound holds firm as USD rebounds from intervention rout
The Pound Sterling retreats some 0.02% on Friday as the Greenback stages a recovery following Thursday’s intervention day, which weakened the US Dollar Index (DXY) to a 30-day low. At the time of writ ...
Swiss Franc trims losses against US Dollar amid Japanese intervention concerns
USD/CHF trims part of its earlier gains on Friday as the US Dollar (USD) struggles to regain momentum following Thursday’s sharp sell-off, which was driven by suspected intervention by Japanese author ...
EUR/USD Weekly Forecast: US Dollar in trouble as Warsh chickens out
The EUR/USD pair closes July with modest gains near the 1.1500 mark, adding over 1.1% in the last trading week. Price action throughout the month was dull to say the least as investors remained cluele ...
Bank of Canada: Strong GDP lowers cut risk – TD Securities
TD Securities’ Robert Both and Emma Lawrence note that stronger-than-expected Canadian Gross Domestic Product (GDP) data support a brighter growth outlook but do not materially change their Bank of Ca ...
Colombia National Jobless Rate came in at 8% below forecasts (8.1%) in June
Gold Weekly Forecast: Bull hesitancy persists despite weaker US Dollar
Gold (XAU/USD) struggled to make a decisive move in either direction as the persistent US Dollar (USD) weakness was offset by a widening conflict in the Middle East.
Japanese Yen: Intervention slows but does not reverse trend – ING
ING’s Chris Turner describes USD/JPY’s rollercoaster, with a 3% drop on reported Japanese intervention followed by a near 2% rebound. He notes that coordinated Fed-Treasury involvement was key in Janu ...
New Zealnd Dollar weakens after China PMI miss as the US Dollar rebounds
NZD/USD trades around 0.5860 on Friday, down 0.33% on the day, as investors react to another deterioration in Chinese business activity.
Euro: Range seen around mid‑1.15s against US Dollar – Scotiabank
Scotiabank’s FX team notes EUR/USD is drifting toward 1.15 after a Fed‑driven rally, with euro area CPI broadly in line with expectations and French data briefly lifting the Euro. Rate expectations ar ...
Japanese Yen strengthens against British Pound amid intervention speculation
GBP/JPY extends its slide on Friday as suspected intervention by Japanese authorities rattles the FX market and lifts the Yen across the board, pushing the cross further away from the multi-year high ...