US Dollar Stuck to the Lows as Employment Contraction Offsets ISM Beat
ISM Manufacturing Beat Fails to Lift USD as Employment Component Contracts
EUR/USD Breaking News: Uneventful European PMI and Unemployment Data
EUR/USD is making gains on the back off yesterday’s inflation data despite flat PMI and unemployment stats today. Hawkish ECB officials are creating a stir as they call for a reduced PEPP purchases.
Gold Price Forecast: Gold Bulls Lacking Until Double Top is Cleared
Cautious tone for the precious metal as markets await key US data
British Pound (GBP) Price Outlook: Near-Term Bullish for EUR/GBP
EUR/GBP could head higher in the hours ahead after European Central Bank Vice President Luis de Guindos suggested the Eurozone economy is growing faster than the ECB expected.
Nikkei 225 Up on Japan Election News, Upbeat Australian GDP Cheers Markets. Risk On?
The Nikkei 225 moved higher as Japanese media suggested an election may come in October while solid Australian GDP data lifted risk assets. More of the same ahead?
Crude Oil Forecast: OPEC+ May Shelve Output Increases as Covid Dents Demand
Crude and Brent oil benchmarks dropped in August as Covid-related demand fears dragged on sentiment. Energy traders are keenly focused on this week's OPEC+ decision, which may see supply reigned ba...
AUD/USD Gains on Solid GDP Beat, Will Australian Dollar Continue Higher?
The Australian Dollar moved higher immediately after local GDP numbers were released for the second quarter. Will AUD/USD test resistance?
Dow Jones Ends Solid Month on a Downbeat as ASX 200 Focuses on a Rising Wedge
The Dow Jones weakened to wrap up a solid month for stocks on Wall Street. Ahead, Australia’s ASX 200 may look past local GDP data as the focus remains on Covid cases and a Rising Wedge.
Australian Dollar Forecast: AUD/USD Eyes Q2 GDP to Kick Off September Trading
The Australian Dollar finished August with a loss against the US Dollar. AUD/USD is eyeing Australia's second-quarter GDP print today to kick off the new trading month.
Nasdaq 100 Forecast: Stocks Retreat Slightly to Round Out a Strong August
Major US equity indices finished lower on Tuesday as risk assets took a breather following Monday's robust move higher.