© Reuters. U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/file photo By Joice Alves and Tom Westbrook LONDON/SINGAPORE (Reuters) – The dollar edged up on Thursday as investors were cautious after softer-than expected economic data muddied interest rate outlook ahead of the Federal Reserve’s Jackson Hole symposium, while the
US Dollar Vs Euro, British Pound, Australian Dollar – Outlook: USD retreat on Wednesday could an early sign of cracks in the rally. USD hurt by below-expected US PMI data. What is the outlook and the key levels to watch for EUR/USD, GBP/USD, and AUD/USD? Recommended by Manish Jaradi Forex for Beginners There are growing
Gold (XAU/USD) Analysis Gold’s longer-term downtrend remains intact despite recent reprieve Real interest rates rise above 2%, denting gold’s appeal Gold’s bullish lift appears unconvincing – Jackson Hole up next The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Recommended
Share: Gold price prepares to extend upside ahead of US PMI data. Fed’s Barkin hopes that the US recession will be “less severe”. Strength in Gold prices has come from restrictive upside in US Treasury yields. Gold price (XAU/USD) strengthens this week as the rally in US Treasury yields halts amid fading hopes
Somber start to the week as China underwhelms with rate cut. The lack of decisiveness by the PBoC has seen a modest improvement in Risk Appetite, but will it last? A lack of data ahead means we could see choppy price action ahead of Jackson Hole, which starts of Thursday. لینک منبع : هوشمند نیوز
Share: GBP/USD remains on the sideline after reversing from two-week low. Three-week-old symmetrical triangle restricts immediate moves between 1.2710 and 1.2800. Steady RSI, two-month-old rising support line also challenge Cable pair’s trading moves. Upbeat UK PMIs will need validation from softer US PMIs, downbeat Fed talks to keep Pound Sterling firmer. GBP/USD edges
Japanese Yen (USD/JPY, EUR/JPY) Analysis Asian geopolitics takes center stage as FX intervention likelihood eases USD/JPY bullish momentum continues as 10-year treasury yield rises EUR/JPY trades higher off support – LT ascending channel continues Large speculators foresee more yen weakness The analysis in this article makes use of chart patterns and key support and resistance
Share: Gold price falls back as the focus shifts to the Jackson Hole Economic Symposium. The US Dollar continues to enjoy liquidity amid caution about China’s economic outlook. United States August economic calendar could have a significant impact on the Fed’s September monetary policy meeting. Gold price (XAU/USD) surrenders gains and slips back below
Mon: PBoC LPR, German PPI (Jul) Tue: US Richmond Fed Index (Aug), New Zealand Retail Sales (Q2) Wed: EZ/UK/US Flash PMIs (Aug), Canadian Retail Sales (Jun), US New Home Sales (Jul) Thu: Fed’s Jackson Hole Symposium (24-26th Aug), CBRT Announcement, BoI Announcement, BoK Announcement,US Durable Goods (Jul) Fri: Fed’s Jackson Hole Symposium (24-26th Aug), Japan’s
© Reuters Investing.com – The U.S. dollar edged lower in early European trade Wednesday, handing back recent gains ahead of the release of minutes from the last Federal Reserve meeting, while sterling gained despite U.K. inflation slowing sharply. At 03:00 ET (07:00 GMT), the , which tracks the greenback against a basket of six other
