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The US dollar, after hitting a yearly low, is showing signs of recovery. The jobs report will be a decisive factor for the rebound going ahead. Resistance is at the 102 level, with potential support...
EUR/USD recoups some losses Finds support near 20-day SMA Stochastics and RSI point north EUR/USD is recovering somewhat after three consecutive red days from its 13-month high of 1.1200. The price...
August ended on a positive note. Friday’s data showed that the US PCE and the core PCE index stagnated near the levels printed a month earlier instead of a small uptick. Personal spending rose more...
All eyes on US core PCE and consumption as bets for 50-bps cut stall Dollar is headed for weekly gains but Nasdaq has a disappointing week Euro on the backfoot as soft Eurozone CPI cements September...
The euro has extended its decline on Thursday. In the European session, EUR/USD is trading at 1.1095 at the time of writing, down 0.22% on the day. The US dollar has rebounded against the euro this...
The EUR/USD pair is holding steady at around 1.1134 as markets consolidate USD positions during a lull in significant news. Investors are now keenly awaiting the release of the Core PCE inflation...
Gold Faces Challenges as the US Dollar Strengthens Gold (XAU/USD) dropped by 0.79% as the US dollar (USD) and Treasury yields increased after Federal Reserve (Fed) Chair Jerome Powell's dovish...
The euro is sharply lower on Wednesday. In the European session, EUR/USD is trading at 1.1116 at the time of writing, down 0.60% on the day. There are no tier-1 events on today’s data calendar but...
Gold Rises on Mixed US Economic Data Gold (XAU/USD) rose by 0.26% on Tuesday after US macroeconomic reports revealed mixed data. The Conference Board's US Consumer Confidence Index reached a...
The euro is showing limited movement on Tuesday. In the North American session, EUR/USD is trading at 1.1179 at the time of writing, up 0.16% on the day. The euro has been on a tear against the...
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