EUR/USD slips further from 1.0900 amid risk-aversion, strong USD

Share: Global market sentiment is cautious, with equities declining and bond yields rising, as investors anticipate further monetary tightening by central banks. July’s Fed minutes reveal a unanimous decision for a rate hike but growing caution among board members about potential over-tightening. US data: Initial Jobless Claims slightly better than expected at 239K;

Chinese Data, Strong USD Weigh on Oil Prices

Oil (Brent Crude, WTI) Analysis EIA crude oil inventories dropped more than expected last week WTI pullback extends – Deteriorating Chinese data, strong USD worsens oil outlook Brent crude oil drops – $82 mark and 200 SMA remain key levels to the downside The analysis in this article makes use of chart patterns and key

Precious Metals Ease Despite Softer USD, Yields

Gold, Silver Analysis Gold Extends Decline Ahead of US Inflation Print Gold extends declines midway through the week in what could land up being three consecutive weeks of declines. However, more recent price action appears detached from the commodity’s usual influencers, the US dollar and US treasury yields. The dollar benchmark or US dollar basket

Yen Weakens On Broad USD Gains, Japanese Households Curb Spending

USD/JPY Analysis, Chart, and Price USD/JPY closes in on June Peaks Weaker Chinese trade data has given the Dollar a lift Japanese demand weakness also knocked the Yen Recommended by David Cottle Download our Free Q3 Japanese Yen Forecast The Japanese Yen fell further against the United States Dollar on Tuesday, chiefly thanks to a

WTI jumps to multi-month high amid USD weakness

Share: WTI rose above $83.00 to its highest point since mid-April, seeing more than 1.70% gains. The WTI barrel will set a sixth consecutive winning streak, and indicators flash overbought conditions. The USD weakened following NFPs figures revealing a deceleration of job creation in July. At the end of the week, the West

GBP/USD dives to multi-week lows amid USD strength, eyes on BoE

Share: The GBP weakened on Tuesday against the USD as the Greenback gained ground against most of its rivals. Ahead of Thursday’s Bank of England (BoE) decision, the weak British made the GBP lose interest while markets await key labour data from the US. Economic data reported on the session from the US