© Reuters. FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar rose to a more than two-month peak on Friday, on course for its sixth straight week of gains, as investors sought its safety as they awaited a
Market Recap Initial gains in Wall Street reversed sharply overnight, with Nvidia’s stellar results hit with a sell-the-news market reaction, as market participants de-risk ahead of Fed Chair Jerome Powell’s Jackson Hole speech later tonight. The VIX was up 7.6% as a reflection of increased hedging activities, while market sentiments (from the CNN Fear and
Oil (Brent Crude) Analysis Easing US yields, USD and EIA storage data help oil recover losses Markets look ahead to Powell’s Jackson Hole speech Longer-term outlook for oil remains bullish in a tight market as USD stays elevated The analysis in this article makes use of chart patterns and key support and resistance levels. For
© Reuters. Investing.com – The U.S. dollar steadied in early European trade Thursday after overnight losses as Treasury yields retreated in the wake of weak economic data, ahead of the start of the Jackson Hole Symposium. At 03:20 ET (07:20 GMT), the , which tracks the greenback against a basket of six other currencies, traded
© 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
