United States (US) Treasury Secretary Scott Bessent warned that the Federal Reserve (Fed) must re-establish its…
Category: Forex
WTI hits three-month low as OPEC+ meeting looms
WTI falls to $61.20, its lowest level since June 2, before stabilizing near $61.50. Markets brace…
Gold blasts to record $3,600 as weak NFP ignite Fed cut frenzy
XAU/USD rallies to a fresh all-time high after NFP miss, with unemployment rising and wage growth…
Swiss Franc rallies, US Dollar sinks after NFP miss drags USD/CHF to 5-week low
The Swiss Franc strengthens as USD/CHF drops below 0.8000 to its lowest since late July. Weak…
Fed’s Goolsbee remains undecided on September rate decision
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee warned on Friday that while sinking employment…
Canadian Dollar reverse bullish momentum, backslides further on Friday
The Canadian Dollar tumbled 0.65% against the US Dollar on Friday. Worse-than-expected NFP jobs data sent…
EUR/USD jumps to 1.1714 as weak jobs data sinks US Dollar
The Euro climbs as Nonfarm Payrolls show weak hiring, rising unemployment, and steady wage growth in…
Sinks below 0.80 on weak NFP data
USD/CHF breaks under 50-day SMA at 0.8020, closing below 0.8000 with momentum favoring further downside. Bears…
USD/JPY drops toward 147.00 as USD weakens after NFP data
USD/JPY stays under bearish pressure in the American session on Friday. The US Dollar (USD) suffers…
US Dollar Index sinks below 98.00 as Fed rate cut bets pick up pace
The Greenback loses further momentum on Friday, en route to weekly losses. Investors have practically fully…