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Australian Dollar edges lower amid stronger US Dollar, Consumer Sentiment eyed
The Forex Market· 6 days agoThe Australian Dollar (AUD) continues its losing streak for the fourth successive session on Friday,...
EUR/USD stabilizes around 1.0850 ahead of Eurozone, US inflation reports
The Forex Market· 3 days agoThe Euro strengthens as investors remain uncertain over ECB reducing rates in July too. Investors...
Wall Street Diverges on ‘Double-Edged Sword’ Data: Markets Wrap
Bloomberg via Yahoo Finance· 37 minutes ago(Bloomberg) -- Wall Street traders sent stocks down and bonds up after the latest round of economic...
Pound hits two-year high against euro
The Telegraph via Yahoo Finance· 22 hours agoThe blue-chip FTSE 100 closed 0.9pc lower, in its longest losing streak since August 2023. Meanwhile, the mid-cap FTSE 250 also ended 1.3pc lower,...
Stock markets diverge ahead of key inflation data
AFP via Yahoo Finance· 2 hours agoStock markets diverged Thursday as traders awaited key inflation indicators that could determine the future direction of interest rates on both sides of...
Morning briefing: Euro tests support at 1.0800
The Forex Market· 7 days agoThe dollar Index broke above 105 and looks slightly bullish. Members indicated a lack of confidence in moving forward with interest rate reductions,...
Australian Dollar appreciates as Aussie inflation expects to remain higher for longer
The Forex Market· 3 days agoStreet from Friday. The US Dollar weakened after the UoM 5-year Consumer Inflation Expectations...
Ichimoku cloud analysis: EUR/USD, USD/JPY, XAG/USD
The Forex Market· 1 day agoThe pair is moving above the Ichimoku Cloud, suggesting an uptrend. A test of the Cloud’s lower boundary at 1.0835 is expected, followed by a rise to 1...
Morning briefing: Euro is headed towards 1.0900
The Forex Market· 2 days agoThe dollar Index needs to bounce back from current levels to test 105+ on the upside, else it can fall towards 104, while Euro is headed towards 1.09.
Sterling ticks higher after sharp selloff
Reuters· 5 hours agoSterling inched higher on Thursday after falling sharply the previous day as a jump in U.S. bond yields boosted the dollar. The pound was up 0.1% at $<...