US Trade Deficit at 14-year high
The US trade deficit widened almost exactly as expected to a 14-year high $67.1 bln that slightly beat the $67.0 bln gap in July of 2008, leaving the largest gap…
Read More »USD/JPY stays above 105.50 despite sluggish US T-yields
USD/JPY stays mildly positive while taking the bids near 105.70, up 0.04% intraday, amid the initial hour of Tokyo open on Wednesday. The yen pair rec
Read More »Gold Price News and Forecast: XAU/USD downside aims for 1,850
Gold closed the trading this week at 1,897, as reported on Saturday. The rally above 1,900 was mainly attributed to the news that the US President, Do
Read More »US President Donald Trump gets moved to hospital after having “mild symptoms”
US President Donald Trump is being transported to Walter Reed National Military Medical Centre. It is being said to be a precautionary measure and tha
Read More »US NFP: High-frequency labor market information indicates strong September job gains – Goldman Sachs
Ahead of the September month US employment numbers, up for publishing at 12:30 GMT on Friday, Goldman Sachs came out with its upbeat forecasts. The ba
Read More »Durable Goods also miss expectations
USDIndex, H4 The 0.4% US August durable goods orders rise undershot estimates, after out-sized gains of 11.7% in July, 7.7% in June and 15.0% in May. Weakness was due to…
Read More »US Claims Disappoint, again & Equities under pressure
USA500, H1 & Daily A 4,000 initial claims rise to 870,000 in the third week of September followed a -27,000 drop to 866,000 in the BLS survey week, leaving a…
Read More »EUR/USD Breaking Down, TikTok Ban Averted. Biden Leads Trump in Polls
EUR/USD selloff may accelerate as the pair break key support. TikTok ban was averted but Sino-US tech tension lingers as the Biden-Trump spreads widens.
Read More »More Signs of US Inflation creeping higher
USDJPY, H1 The US CPI report beat estimates with August gains of 0.4% for both the headline and the core, following July gains of 0.6% for both, and respective June gains…
Read More »ForexLive Americas FX news wrap: CPI runs hot, markets cool off
Forex news for North American trading on September 11, 2020: Markets: – S&P 500 up 2 points to 3340 – US 10-yaer yields down 1 bps to 0.67% – Gold…
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