Gold (XAU/USD) drifts higher on Thursday, up 0.25% after US jobs data was solid, while the trade deficit widened the most since US President Donald Trump's “Liberation Day.” Also, falling US Treasury yields and muted pr…
Read more →Gold (XAU/USD) attracts sellers on Tuesday, snapping a two-day winning streak as a firmer US Dollar (USD) and rising long-term US Treasury yields weigh on the precious metal. At the time of writing, XAU/USD trades aroun…
Read more →WASHINGTON – The Federal Reserve kept its key interest rate unchanged again and gave no signal it plans to lower rates in September despite mounting pressure from President Donald Trump and his appointees on the Fed’s p…
Read more →Geoff Yu at BNY notes that improving flows through the Strait of Hormuz are easing Oil supply fears and supporting a lower Brent price profile. Kuwait and Qatar have restored crude shipments to about 70% of pre-war leve…
Read more →Brown Brothers Harriman’s (BBH Elias Haddad notes USD/JPY is stuck between resistance at 160.00 and support at the 200‑day moving average, as Bank of Japan (BoJ) officials maintain hawkish guidance and underlying inflat…
Read more →Gold (XAU/USD) erases its earlier intraday gains on Thursday as buyers turn cautious after a strong rally this month. The precious metal climbed to $4,697 earlier this week, its highest level since May 14, and is still …
Read more →The British Pound (GBP) extends losses for the second consecutive day on Thursday, as the US Dollar (USD) strengthens after the hot US inflation report released on Wednesday. The GBP/USD pair is trading at one-week lows…
Read more →The Australian Dollar (AUD) is up 0.1% at around 0.7180 against the US Dollar (USD) during the European trading session on Thursday. The Aussie pair remains firm this week due to continued outperformance by the antipode…
Read more →The Euro (EUR) heads lower for the second consecutive day on Thursday, with the US Dollar (USD) supported by strong US inflation data released on Wednesday. The EUR/USD pair trades at weekly lows sub-1.1650 during the E…
Read more →Standard Chartered economist Dan Pan expects the Bank of Canada (BoC) to keep its policy rate at 2.25% and delay a 25bps cut to December, citing a Q2 growth rebound that reduces the need for immediate easing. The report…
Read more →The August 2025 non-farm payrolls report is expected to confirm a weakening US labor market, with forecasts of +75,000 jobs and unemployment rising to 4.3%. A soft reading could strengthen expectations for a Federal Res…
Read more →UOB Global Economics & Markets Research notes that US PCE inflation for July slightly exceeded expectations, helping US Treasury yields to rise and supporting the US Dollar against most G10 currencies. The DXY index pos…
Read more →The Euro (EUR) is trading higher for the third consecutive day against the British Pound (GBP) on Thursday, but the pair keeps ticking down from session highs at the European opening time, despite the bright German GfK …
Read more →The Australian Dollar (AUD) is up 0.2% to near 0.7185 against the US Dollar (USD) during the European trading session on Thursday. The Aussie pair strengthens as hotter-than-projected Australian Consumer Price Index (CP…
Read more →USD/IDR gains ground for the third successive day, trading around 17,800 during the Asian hours on Thursday. The currency pair is under downward pressure as the Indonesian Rupiah (IDR) struggles against fragile domestic…
Read more →Bank of Japan (BoJ) Deputy Governor Ryozo Himino said on Thursday that the central bank will reach decision on rates balancing need to gain information on economy, financial conditions, and acting in timely fashion to a…
Read more →The US Dollar (USD) clings to previous day’s gains on Thursday, driven by a sticky United States (US) Personal Consumption Expenditure (PCE) Price Index report for July.
Read more →Asian markets traded cautiously on Thursday, with much of the region's price action muted as traders adopted a wait and see approach ahead of Federal Reserve Chair Kevin Warsh's Jackson Hole speech, even though the symp…
Read more →Gold (XAU/USD) surrenders modest intraday gains and trades just above the $4,600 mark heading into the European session on Thursday. The commodity, however, holds above the weekly low touched the previous day as traders…
Read more →Gold price (XAU/USD) falls to near $4,610 during the early Asian session on Thursday. The precious metal retreats from a three-month high as US inflation data came largely in line with expectations, increasing expectati…
Read more →The Aussie Dollar advances for the third straight day, up more than 0.17%, even though the latest US inflation report renewed investors' hawkish bets that the US central bank might increase rates by the end of 2026. The…
Read more →The GBP/JPY failed to sustain the 217.00 breakout, reversing to the 216.50 area as traders faded the move, exacerbating the decline to current exchange rates. At the time of writing, the cross-pair exchanges hands with …
Read more →The Mexican Peso loses some traction against the US Dollar on Wednesday as traders seem confident that the Federal Reserve could raise interest rates toward the end of the year, following a red-hot inflation report. The…
Read more →USD/JPY trades around 159.40 on Wednesday, holding onto modest gains as a firmer US Dollar (USD) keeps the pair underpinned. The Dollar is broadly bid ahead of the Jackson Hole Symposium.
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