© Reuters Investing.com – The U.S. dollar edged higher in early European trade Tuesday, while sterling fell as U.K. house prices slumped sharply as rising interest rates weighed. At 03:20 ET (07:20 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.2% higher at 101.865, after hitting a fresh
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
The mood is improving as New York trade ramps up. S&P 500 futures are now 11 points higher to 4617. The positive momentum is seeping into commodity currencies, which are broadly higher to start the week. AUD/USD is particularly strong, up 63 pips to 0.6713. It still has some work to do to retrace the
EUR/USD and EUR/JPY Forecast – Prices, Charts, and Analysis Euro Area growth remains minimal. Core inflation remains sticky at 5.5%. Recommended by Nick Cawley Get Your Free EUR Forecast The Euro Area economy expanded by 0.3% in Q2, according to the latest Eurostat data, slightly more than the 0.2% market forecast. Last month’s data was
Euro, EUR/USD, RSI Divergence, Rising Support – Technical Update: EUR/USD near-term downtrend pauses on rising support Positive RSI divergence on 4-hour shows fading momentum What are key levels to watch as the new week gets going? Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro weakened against the US Dollar last week. That
Article by IG Chief Market Analyst Chris Beauchamp DAX, Dow Jones, Nikkei Analysis and Charts Dax surges to new intraday high The index was given fresh strength by a dovish ECB meeting yesterday. European indices enjoyed a solid session, which may well have given them the strength to move higher over the medium term. It
Gold, Silver Analysis Recommended by Richard Snow Get Your Free Gold Forecast Dollar Boost Poses a Threat to the Long-Term Uptrend in Gold The long-term uptrend in gold, signified by the ascending channel came under pressure during the week ending 23 June after registering a break and close below channel support. This was followed up