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Odds are firmly against the bulls, as US dollar keeps heading lower. As of now, the greenback is approaching a critical support at 100. Break below this level could lead to a bigger decline. For...
Powell says the time has come for rate cuts, pushing yields and the dollar lower But cautious rally in stock earnings, and inflation data awaited Oil jumps amid fresh escalation between Israel and...
EUR/USD returns to positive trend after Powell confirms dovish policy adjustment Technical signals reflect weakening positive bias; next resistance could be at 1.1240-1.1274 EUR/USD has had a great...
Gold Hovers Near Record Highs After Dovish Powell's Comments Gold (XAU/USD) traded close to record levels after Federal Reserve (Fed) Chair Jerome Powell's dovish comments at the Jackson Hole...
Last Week, Fed Chair Powell signaled policy adjustments, emphasizing concerns about labor market weakness. The impact of Powell’s remarks on the FX space saw GBP/USD and EUR/USD reach new...
Gold's Bull Run Stalls Amid Uncertainty Over Fed Policy The gold (XAU/USD) price fell more than 1% on Thursday as the US Dollar Index (DXY) rebounded from a multi-month low. Meanwhile, US Treasury...
The euro is steady on Thursday. In the European session, EUR/USD is trading at 1.1136 at the time of writing, down 0.11% on the day. Eurozone Services Accelerates, Manufacturing Dips Down There was...
The EUR/USD pair has surged to its highest level in over a year. The market is now focused on Jerome Powell's upcoming speech alongside some key economic data from the US. In this piece, we'll take...
Fed minutes reveal some members wanted a July cut Nonfarm payroll growth revised down by the most since 2009 PMIs in focus ahead of Powell’s Jackson Hole speech Wall Street gains ground, oil extends...
Gold Remains Near Record Highs Amid Dovish Fed and Lower Payroll Numbers Gold (XAU) remained near record highs on Thursday as markets continued digesting the Federal Reserve's (Fed) dovish stance...
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