Dollar retreats in thin volumes; Fed monetary policy in focus By Investing.com

[ad_1] © Reuters Investing.com – The U.S. dollar edged lower in thin holiday-affected volumes Friday, amid uncertainty of the future path of U.S. interest rates. At 03:00 ET (08:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, fell 0.3% to 103.555, just above the two-and-a-half month low of

Gold Cautious Above $2000 on Thin, Holiday Affected Trading

[ad_1] Gold (XAU/USD) Analysis Gold expected to underwhelm this Thanksgiving weekend amid thin trading XAU/USD reveals an aversion to trading above $2000 as ceasefire tests safe haven appeal USD and Treasury yields remain a factor as markets lower expectations of rate cuts next year The analysis in this article makes use of chart patterns and

GBP/USD drifting higher in thin Monday action as investors await key data

[ad_1] Share: The GBP/USD is seeing some minor lift ahead of Tuesday’s bumper data reading. An easy Monday to give way to a bumper economic calendar data docket. UK wages & labor, US CPI in the barrel. The GBP/USD climbed to a Monday high near 1.2280 as markets jockey for position ahead of Tuesday’s

Sentiment Boost from China Helps Risk Appetite on Thin Liquidity Monday

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Dollar slips in thin holiday trading on bets Fed is done with rate rises By Reuters

[ad_1] © 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 and Joice Alves SINGAPORE/LONDON (Reuters) – The dollar edged lower on Monday, with U.S. markets closed for a holiday, as investors weighed U.S. jobs data that showed some signs of cooling, boosting

EUR/USD Up After Fed Hike but Skating on Thin Ice, ECB Guidance Key to Outlook

[ad_1] EURO FORECAST EUR/USD rose modestly after the Federal Reserve announced its July monetary policy decision The Fed resumed its tightening campaign after a brief pause last month, raising interest rates by 25 basis points to 5.25%-5.50%, but did not strike a hawkish tone Market attention now turns to the ECB, with the bank’s decision