Browsing: Forex News

USD recovered after signs of sticky inflation on July’s PCE. Recovery momentum in AUD throughout August has been supported mainly…

US inflation, as measured by the PCE Price Index, remained unchanged at 2.5% YoY in July. The USD is gaining…

NZD/USD and declined by 0.15% to 0.6250 in Friday’s session The RSI is near 70, indicating the pair is overbought and…

Frontline plc (NYSE:), a leading international shipping company, reported a profitable second quarter of 2024, with a net income of…

USD/JPY maintains a downward bias, needing to break key resistances for a bullish shift. Short-term buyer momentum faces obstacles at…

Markets:Gold down $19 to $2501WTI crude oil down $2.47 to $73.44US 10-year yields up 4.3 bps to 3.81%S&P 500 up…

SPX daily chartThere was no lack of drama in the final day of equity trading in what was a wild…

The main driver of US dollar strength over the past number of years was ‘US exceptionalism’. That’s meant stronger growth…

Goldman Sachs plans to layoff 3-4% of its workforce or between 1300 and 1800 people, according to the WSJ.This shouldn’t…

WTI weeklyWTI crude posted an ugly finish to the week, falling $2.33 to $73.57 on Friday. Oil rallied strongly to…