Euro Holds Ground Ahead of ECB as US Dollar Flexes. Where to for EUR/USD?

[ad_1] Euro, EUR/USD, US Dollar, Treasury Yields, ECB, Knot, EU Inflation, Crude Oil – Talking Points The Euro held firm again today as the US Dollar pauses in its climb Australia and China missed estimates on their respective trade surpluses Market pricing of an ECB hike might be questioned. Would it boost EUR/USD? Recommended by

Why US dollar so strong ? – Weekly Trends – 6 September 2023

[ad_1] US Dollar Index already reach 105.026, raised from 99.512 at 18-07-2023 , Why US Dollar Index Sooo Strong ?  I think there’re some reasons :  1.  USA’s economy  is getting better, the ISM non-manufacture PMI  54.5 , prev value 52.7 , market forecast value 5.25 ,  2 larger,  we can see that the USA’s  economy

Asia FX weakens, dollar at 6-mth high with Fed speakers in focus By Investing.com

[ad_1] © Reuters. Investing.com– Most Asian currencies fell on Wednesday, hit by persistent concerns over slowing economic growth and high oil prices, while the dollar surged to six-month highs before more cues on U.S. monetary policy from a string of Federal Reserve officials. A broader risk-off sentiment also kept traders wary of regional currencies, following

XAU/USD rebound appears elusive below $1,950 as yields drive US Dollar higher

[ad_1] Share: Gold Price pares recent losses at weekly low after five-day losing streak. XAU/USD bears the burden of strong US Dollar, China woes. Mostly upbeat United States data, Federal Reserve talks propel yields, US Dollar and weigh on the Gold Price. Risk catalysts, mid-tier US data and Fed signals eyed for fresh

Dollar Bid on US ISM Services PMI Beat

[ad_1] U.S. DOLLAR ANALYSIS & TALKING POINTS ISM services PMI increases Fed rate hike probability. Services prices increase pushes reflation narrative. EUR/USD on the cusp of a downside breakout below 1.07. Recommended by Warren Venketas Get Your Free USD Forecast DOLLAR FUNDAMENTAL BACKDROP US ISM services PMI numbers (see economic calendar below) surpassed forecasts on

Dollar steady as growth worries weigh, fragile yen draws warning By Reuters

[ad_1] © Reuters. FILE PHOTO: U.S. Dollar and Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration/File Photo By Ankur Banerjee SINGAPORE (Reuters) – The dollar held near a six-month peak on Wednesday as jitters over China and global growth weighed on risk appetite, while the yen was close

Australian Dollar Falls as GDP Slows; How Much More Downside for AUD/USD?

[ad_1] AUD/USD, Australian Dollar, RBA, GDP – Talking Points: The Australian economy slowed in Q2, but less than expected. AUD/USD declined after the data release and is now testing key support. What’s next for AUD/USD? Recommended by Manish Jaradi Options for Beginners The Australian dollar fell against the US dollar after the Australian economy slowed