Gold (XAU/USD) Slips After the PBoC Step Back from Buying for the Second Month
The price of gold slipped Monday after data showed that the People’s Bank of China (PBoC) left its gold reserves untouched in June.
Read More »US Dollar (DXY) Back to Flat on the Day After German Inflation and US ISM Data
The US dollar opened the week lower, knocked back by Euro strength, but is now trading at its best levels of the session after the latest German inflation data and…
Read More »Forexlive Americas FX news wrap: Benign PCE report collides with tumultuous politics
US May core PCE +0.1% vs 0.1% expected UMich June final consumer sentiment 68.2 vs 65.6 prelim Canada April GDP M/M 0.3% vs. 0.3% expected Joe Biden says he isn’t…
Read More »US Dollar Q3 Fundamental Outlook: US Dollar to Soften as Fundamental Outlook Eases
US inflation cooled in Q2 as did economic growth, opening the door to a rate cut later this year. US yields have likely peaked, leaving the dollar vulnerable to a…
Read More »US stock futures, dollar rise after Biden-Trump debate
Original source: https://www.investing.com/news/economy-news/wall-street-wants-dramafree-presidential-debate-watching-comportment-as-much-as-policy-3499050
Read More »US Dollar Slips After US Durable Goods, Jobs Data – US Q1 GDP Meets Forecasts
The US dollar slipped lower today after data showed a slight softening of demand in the US economy.
Read More »Markets Week Ahead: US Data, Nasdaq 100, US Dollar and Gold
The Nasdaq and S&P 500 continue to print new all-time highs, the US dollar is benefitting from weakness in the Euro and the British Pound, while the recovery in gold…
Read More »Forexlive Americas FX news wrap 21 Jun: The USD moves higher helped better flash S&P
US equities finish the week on a soft note Key Events and Releases to Watch Next Week in Trading Gold rally proves short-lived as it falls $40 MUFG: BOJ likely…
Read More »USD: Stronger after European central banks events – ING
Central bank events in Europe gave the Dollar some support on Thursday, Francesco Pesole, FX Strategist at ING argues.
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