USD/EUR Gives up Gains Following Solid Preliminary US/Eurozone PMI Data
EUR/USD gives up most of its intraday gains during Thursday’s American session. The primary currency pair experienced a decline from…
The Pound Stays Strong Near 1.2700, Even Though the US Dollar Stays Stable
The British Pound (GBP) remains unchanged in Friday’s American session following a recent peak at 1.2700 on Thursday. The GBP/USD…
AUD/USD Goes Down Because US Yields Are High and the Fed Is Being Tough
Due to the strengthening of US yields, which provided support for the Greenback throughout the day, the Australian Dollar (AUD)…
Gold Goes up on Weaker Than Expected US Data Even Though the USD Is Strong
Gold prices surged significantly towards the end of the North American session on Friday, increasing by over 1% despite the…
Oil Recovers From an Early-Day Loss After Crude Stocks Drop
The West Texas Intermediate (WTI) crude prices in the United States are getting close to reaching their lowest point in…
Dow Jones Industrial Average Rises 450 Points as Traders Bet on Rate Cuts After Worse NFP
The Dow Jones Industrial Average (DJIA) saw a significant increase of almost 1.2% throughout the course of the trading day…
The Canadian Dollar Experienced a Decline on Tuesday as a Result of Risk-off Buying into the Greenback
As a result of a risk-off sentiment in the American market, which was triggered by higher-than-expected employment levels in the…
The Pound Falls Against the Dollar as the US Core PCE Inflation Rate Rises
In Friday’s early American session, the US dollar (USD) put downward pressure on the pound sterling (GBP) near the 1.2500…