GBP/USD trips down on woes about global economic growth
Share: GBP/USD dropped from around weekly highs nearby the 1.2780s due to flows towards safe-haven currencies like the US Dollar (USD), as data from the second largest economy…
Euro on Offer as German Industrial Production Contracts
EUR/USD ANALYSISUSD rebounds.German industrial production withers by 1.5%.Fed speakers under the spotlight later today. Recommended by Warren Venketas Get Your Free EUR Forecast EURO FUNDAMENTAL BACKDROPAfter Friday’s rally post-NFP, the…
Forexlive Americas FX news wrap: US dollar falls as non-farm payrolls tilt lower
Markets:Gold up $8 to $1941US 10-year yields down 14.5 bps to 4.04%WTI crude up $1.10 to $82.65EUR leads, CAD lagsS&P 500 down 24 points, or -0.5%The initial reaction to the…
EUR/USD seen falling to 1.08 on a three-month perspective – Rabobank
Share: Analysts at Rabobank see the US Dollar appreciating against the Euro and the Pound over the next few months. They point out that the relative resilience of…
US dollar, Straits Times Index, Copper
Market RecapMajor US indices ended the day slightly underwater (DJIA -0.19%; S&P 500 -0.25%; Nasdaq -0.10%), as the US 10-year Treasury yields continue to head to its highest level in…
Head of a large US shale firm forecasts oil as high as US$100 this year
Eamonn Sheridan Wednesday, 02/08/2023 | 21:25 GMT-0 02/08/2023 | 21:25 GMT-0 Scott Sheffield is the chief executive officer of large shale firm Pioneer Natural Resources. He is forecasting crude between…
XAG/USD’s advance halts and finds support at the 20-day SMA
Share: XAG/USD retreated more than 1% towards the $24.20 area, still holding the 20-day SMA. USD is strong after the release of June’s JOLTS Job Opening and the…
Japanese Yen After YCC Tweak; Has the Trend Changed in USD/JPY, AUD/JPY, EUR/JPY?
US Dollar, Australian Dollar, Euro Vs Japanese Yen – Outlook:USD/JPY has rebounded sharply as the market digests BOJ’s minor tweak in the yield curve control policy.?EUR/JPY and AUD/JPY are nearing…