
US DOLLAR FORECAST The U.S. dollar, as measured by the DXY index, continues its impressive rebound, gaining strength from the surge in U.S. Treasury rates The rise in bond yields has a positive impact on USD/JPY, propelling the currency pair to its highest levels in almost four weeks. Market focus remains on the highly anticipated

NordFX, the brokerage firm, has summarized the performance of its clients’ trading transactions for July 2023. The social trading services, PAMM and CopyTrading, have also been evaluated, as well as the profits gained by the company’s IB partners. – The highest profit in July was achieved by a trader from Western Asia, with account number

© Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) – The dollar advanced against major currencies on Tuesday after relatively solid data on U.S. manufacturing and construction offset a decline in job openings last
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CRUDE OIL ANALYSIS & TALKING POINTS Where to next for OPEC+? USD looks to NFP for guidance on Fed monetary policy. Overbought zone on both WTI and Brent could indicate downside to come? Recommended by Warren Venketas Get Your Free Oil Forecast CRUDE OIL FUNDAMENTAL BACKDROP WTI crude oil and Brent crude oil remain elevated

Prior was 46.3 Despite a sharp fall in backlogs of work as new orders dropped, companies expanded employment at a faster rate amid greater confidence in the outlook for output. New export orders fell for the fourteenth month running There was no change from the preliminary reading. The ISM number at the top of the

Gold Price (XAU/USD), Silver Price (XAG/USD) Analysis, Price, and Chart Gold’s volatility touches a multi-month low. Silver struggling to hold a prior level of resistance turned support. Recommended by Nick Cawley Get Your Free Gold Forecast Financial markets are in the middle of a holiday-thinned trading lull with volume and volatility suffering. Later on this

Inflation in the UK is slowing down. However, it remains the highest among all developed countries. Thus, from the report of the Office for National Statistics, published on July 19, it follows that annual inflation in the UK in June fell to 7.9% (stronger than the forecast of 8.2% and significantly lower than the May

© Reuters. FILE PHOTO: Coins and banknotes of China’s yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo SHANGHAI (Reuters) – China’s currency regulators have been asking some commercial banks to reduce or postpone their purchases of U.S. dollars, two people with direct knowledge of the matter said. The informal





