Euro Breaking News: EUR Sustained on Mixed EU S&P Global Services PMI Data
EUR/USD proved resilient despite Italy and German PMI’s turning negative as the euro braces ahead of U.S. Services PMI’s later today. Read More
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EUR/USD proved resilient despite Italy and German PMI’s turning negative as the euro braces ahead of U.S. Services PMI’s later today. Read More
The US Dollar firmed overnight after Fed speakers hosed down any idea that they were stepping back from their fight on inflation. Will geopolitics impact USD? Read More
Crude oil prices are slightly higher in APAC trading ahead of today’s OPEC meeting. The oil cartel may decide to hold production steady. After that, traders will shift focus to the US EIA inventory… Read More
Gold dipped overnight after four Fed speakers hit the wires to hose down a pivot in policy, sending Treasury yields and the US Dollar higher. Will the XAU/USD recover? Read More
The Australian Dollar sank against a broadly stronger US Dollar as geopolitical risks felled market sentiment. New Zealand posted strong/week second-quarter jobs data, but NZD failed to react. Read More
USD/JPY may stage a larger advance over the coming days as the Relative Strength Index (RSI) holds above oversold territory. Read More
The Nasdaq 100 and S&P 500 fall Tuesday for a second straight day as U.S. Treasury yields soar on fears that the Fed will continue to raise interest rates aggressively to cool inflation. Read More
US speaker Nancy Pelosi has arrived in Taiwan, threatening risk sentiment. Equities remain resilient despite rising risks. Read More
The Euro remains structurally weak across the board. Read More
The US Dollar has continued to pullback as Treasury Yields have continued to fall, setting up reversal scenarios in USD/JPY. Read More