Switzerland July manufacturing PMI 38.5 vs 44.0 expected

That’s an extremely poor reading as Swiss manufacturing activity slumped heavily to start Q3. The reading is the lowest since April 2009 as production fell sharply alongside purchasing volume. That comes despite a fall in purchase prices and shorter delivery times. That’s not a good sign at all. لینک منبع : هوشمند نیوز

British Pound Might be in Trouble as Retail Traders Turn Net-Long GBP/USD

British Pound, GBP/USD, Technical Analysis, Retail Trader Positioning – IGCS Update British Pound has been under pressure by the US Dollar Retail traders have recently turned net-long GBP/USD This is a sign that further losses may be in store ahead Recommended by Daniel Dubrovsky Get Your Free GBP Forecast The British Pound has been under

Crude Oil Eyes New Highs Despite Risk Aversion Elsewhere on Fitch Decision

Crude Oil, WTI, Brent, Fitch, AA+, US Dollar, Treasuries, HSI, Nikkei 225, Gold – Talking Points The crude oil price pressed toward elevated levels as markets recalibrated The Fitch downgrade dominated price action, but the impact has been disparate If the risk-off attitude continues, will WTI face headwinds? Trade Smarter – Sign up for the

Asia FX slips, dollar creeps lower after Fitch rating cut By Investing.com

© Reuters. Investing.com — Most Asian currencies fell on Wednesday after Fitch cut the U.S. government’s sovereign rating, although the dollar was little changed, retaining most of its recent gains on strong economic data. Fitch trimmed the U.S.’ rating to AA+ from AAA, citing concerns over stretched fiscal spending in the coming years, as well

Gold Price Takes a Tumble as US Dollar Gains Post Fitch Downgrade. Lower XAU/USD?

Gold, XAU/USD, US Dollar, DXY Index, Fitch, AA+, Treasury Yields, GVZ – Talking Points The gold price appears directionless despite moves in other markets The Fitch announcement might see pressure on risk assets and haven asset tailwinds If volatility emerges in the gold price, will it help or hinder the precious metal? Recommended by Daniel

Dollar edges higher; Sterling weakens after soft housing data By Investing.com

© Reuters Investing.com – The U.S. dollar edged higher in early European trade Tuesday, while sterling fell as U.K. house prices slumped sharply as rising interest rates weighed. At 03:20 ET (07:20 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.2% higher at 101.865, after hitting a fresh