European indices snapped back higher into the close and end the day positive

The major European indices rebounded into the close and in doing so moved into positive territory. A snapshot of the market closing levels shows: German DAX, up 10.35 points or +0.07% Frances CAC, up 15.14 points or +0.21% UK’s FTSE 100 up 4.93 points or +0.07% Spain’s Ibex up 14.20 points or +0.15% Italy’s FTSE

Powell’s steady hand steers dollar higher: McGeever By Reuters

© Reuters. FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Jamie McGeever ORLANDO, Florida (Reuters) – Federal Reserve Chair Jerome Powell’s speech in Jackson Hole is likely to maintain the ‘higher for longer’ outlook for U.S. interest rates and bond yields – good news for

Asia FX ticks higher, dollar steadies with Jackson Hole in focus By Investing.com

© Reuters. Investing.com — Most Asian currencies rose slightly on Wednesday tracking some signs of economic resilience in the region, while the dollar steadied near two-month highs ahead of more cues on monetary policy from the Jackson Hole Symposium this week.  The and rose 0.1% and 0.3%, respectively, after (PMI) readings showed some resilience in

GBPUSD snaps back higher | Forexlive

GBPUSD back above the 100/200 hour MAs The GBPUSD is snapping back higher. In the kickstart technical video from earlier, the pair had moved back below the 100/200 hour MAs which are converged at 1.2719. That tilt of the bias more to the downside but a swing area between 1.2678 and 1.26988 stalled the fall

There is still room to move higher – ING

Share: Oil prices still have more upside, in the view of strategists at ING. Oil market will continue to tighten We believe that there is still room for the market to move higher. Our balance sheet suggests that the oil market will continue to tighten as we move through the second half of

Gold Prices Still Haunted By Higher Yields, But Claw Back Some Ground

Gold (XAU/USD) Analysis and Chart Gold prices have ticked up despite higher Treasury yields They remain heavy though after three days of declines The $1900 level is in play and its fate will probably be key Recommended by David Cottle How to Trade Gold Gold Prices recovered a little on Thursday following three days of

Dollar edges higher vs intervention-zone yen, China fears weigh on yuan By Reuters

© Reuters. Banknotes of Japanese yen are seen in this illustration picture taken September 22, 2022. REUTERS/Florence Lo/Illustration/file photo By Hannah Lang and Samuel Indyk WASHINGTON/LONDON (Reuters) – The Japanese yen further weakened against the dollar on Wednesday, hovering in a zone that last year triggered intervention, while the yuan slipped to a nine-month trough