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Stocks in the green again as investors await the Jackson Hole gathering Economists look for strong Fed easing in 2024 despite recession talk dissipating Dollar remains on the back foot against most...
The EUR/USD pair is nearing a critical resistance level at 1.11 as the greenback weakens ahead of Jackson Hole. Federal Reserve minutes and Jerome Powell’s Jackson Hole speech are key this...
The US dollar is on the retreat again, and one of the dollar-bearish catalysts is political. Ahead of the DNC, Kamala Harris is leading in the polls and recently outlined a potentially inflationary...
Markets stabilized with positive data easing US recession fears, but the US dollar's decline continued. The DXY may face further declines if it falls below the 101.8 support level, with a potential...
Stocks record strong weekly gains as the first Fed rate cut gets closer Markets are gradually preparing for the Jackson Hole gathering Euro/dollar trades within a critical resistance area Gold in...
Gold (XAU) climbed by 2% on Friday, reaching an all-time high. Strong demand for safe-haven assets fueled the rally as markets assessed the Federal Reserve's monetary policy outlook. Upbeat US...
EUR/USD flirts with 8-month high again Remains well above the long-term symmetrical triangle 50- and 200-day SMAs ready for bullish cross Momentum oscillators confirm upside move EUR/USD has been...
The week starts on a mixed note in Asia, after major US indices recorded their best week since last October and boosted appetite in global risk markets. A softer-than-expected CPI read in the US...
In the upcoming week, major currency pairs like GBP/USD, EUR/USD, and USD/JPY could experience significant dollar-driven moves despite a lighter economic calendar. With rising US unemployment and...
The US dollar is weaker against all the G10 currencies today. The New Zealand dollar is the strongest, which might fit into the narrative that the carry trades are making a comeback, but the yen and...
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