FXStreet
Dow Jones Industrial Average pares gains, falls back below 46,000
The Dow Jones recoiled on Friday after tapping record highs this week.Consumer sentiment indicators showed a steeper-than-expected decline.Next week’s upcoming Fed rate call will also include an SEP update. The Dow Jones Industrial Average (DJIA) pared gains on Thursday, slipping back below 46,000 a
Weekly economic and financial commentary: Gradually, then suddenly
Summary United States: Gradually, then suddenly This week’s economic data showcased how both sides of the Fed’s dual mandate are under pressure. Inflation is running closer to 3% than 2%, according to both the CPI and PPI. Meanwhile, the BLS’s preliminary benchmark revision revealed that the pace of
Wall Street stalls near record highs
Wall Street continues to trade in record highs but is losing momentum ahead of next week's Fed meeting, says Axel Rudolph, Senior Technical Analyst at investing and trading platform IG. US producer prices unexpectedly decline “The UK economy stagnated in July as GDP flatlined, with a 0.9% drop in in
Systemic failure starts with Silver [Video]
In this week’s Live from the Vault, Andrew Maguire and Bill Holter reveal why silver could be the spark that ignites a systemic collapse, as deepening shortages and rising strategic demand push the global market to breaking point. Holter explains how collapsing futures contracts, surging gold prices
EUR/USD stabilizes near 1.1720 as US Dollar eases after UoM survey
EUR/USD rebounds from intraday lows near 1.1700 but remains under pressure.UoM Consumer Sentiment drops to 55.4, missing estimates and marking a four-month low.Russia and Belarus launched the Zapad-2025 military drills on Friday, prompting Poland to close border crossings with Belarus. The Euro (EUR
GBP/USD slips as Dollar steadies ahead of Fed, BoE meetings
GBP/USD eases after daily high of 1.3580, as Dollar recovers despite softer US sentiment and sticky inflation.Fed expected to cut 25 bps next week, with SEP clarifying forward guidance; Deutsche Bank sees three cuts in 2025.UK GDP stagnates in July, while BoE likely to hold rates at 4%, narrowing po
United Kingdom FX Today: British Pound awaits next labour market test
The British Pound (GBP) retreated slightly against the US Dollar (USD) on Friday, with the GBP/USD pair trading around 1.3555, down 0.1% on the day, correcting after the previous day's rebound. The GBP remains under pressure in the forex market, however, held back by persistent concerns over the hea
Rising stocks, told you
Inflation wasn‘t truly tame, but unemployment claims were through the roof – S&P 500 first reacted with fear as to the real economy status, but as called, the celebration over rate cuts won the day. Nasdaq served no surprises, and lagged badly on the day – I was leaning towards breadth broadenin
Copper is the new Gold
The price of copper has once again breached $10,000 a tonne. This is significant, the copper price is often considered a proxy for global growth, and it has only ever breached this level a handful of times, most recently in March. The question now is, will the price be able to stay at this level, an
EUR/USD 1.1780 resistance was respected [Video]
TradeGateHub Live Trading highlighted how the EUR/USD respected resistance at 1.1780. The coach advised keeping an open mind for a potential dollar rebound, while noting that USD/JPY is foreshadowing rising yields once again. He also covered developments in oil and natural gas, along with updates on
Australia FX Today: The Aussie hangs on to China's figures
The Australian Dollar (AUD) traded slightly lower on Friday, below 0.6650 against the US Dollar (USD), losing 0.15% over the session. Caution dominates trading ahead of the weekend as traders await Monday's release of key Industrial Production and Retail Sales data from China, Australia's main tradi
EUR/GBP steady near 0.8650 as UK GDP stalls, BoE decision looms
EUR/GBP trades mildly positive near 0.8650, after failing to hold gains above 0.8660.UK GDP flat in July, Industrial and Manufacturing Output disappoint.Focus shifts to UK jobs data on Tuesday, CPI on Wednesday, and the BoE policy decision on Thursday. The Euro (EUR) trades with a mild positive tone
All boats rise
USD: Sept '25 is Up at 97.270. Energies: Oct '25 Crude is Up at 63.16. Financials: The Dec '25 30 Year T-Bond is Lower by 9 ticks and trading at 117.22. Indices: The Sep '25 S&P 500 emini ES contract is 19 ticks Lower and trading at 6587.75. Gold: The Dec'25 Gold contract is trading Up at 3685.8
Weekly focus: Road clear for US rate cut
The stage is set for the Federal Reserve to deliver its first rate cut this year on Wednesday after having been on pause since December. This week, we had the final big data release before the meeting, and it showed CPI inflation of 0.4% m/m, higher than expected and still some way from the Fed’s in
Gold consolidates gains, bulls in control, breakout aims $3,700-$3,750
Gold continues to trade with strong bullish bias supported by price stability above psychological zone $3600 and any retracement towards this zone is witnessing buying intervention as macro factors have collaborated in support of Gold and against Dollar. After the recent record rally to $3675, price
正在加载中...
