The World Gold Council (WGC) has presented a new idea aimed at modernizing the Gold market. According…
Category: Forex
EUR/GBP steadies as markets weigh Eurozone growth and UK Retail Sales
EUR/GBP holds steady above 0.8670, as markets weigh subdued Eurozone Q2 growth and the UK’s mixed…
Nonfarm Payrolls increase by 22,000 in August vs. 75,000 expected
Nonfarm Payrolls (NFP) in the United States (US) rose by 22,000 in August, the US Bureau…
EUR/USD surges above 1.1700 as weak US NFP drags US Dollar and yields lower
The Euro (EUR) rallies against the US Dollar (USD) on Friday after the US Nonfarm Payrolls…
GBP/USD climbs above 1.3500 after dismal US jobs data
GBP/USD rose above 1.3500 in the American session on Friday. The US Dollar stays under heavy…
Canada Unemployment Rate rises to 7.1% in August vs. 7% expected
Unemployment Rate in Canada rose above 7% in August. USD/CAD trades little changed on the day…
Gold rallies to record-high as weak NFP fuels dovish Fed outlook
Gold holds steady around $3,575, consolidating after touching a record high of $3,586 post-NFP. The US…
AUD/USD jumps to six-week high as weak US NFP cement Fed cut
AUD/USD hits 0.6588 peak after the US adds just 22K jobs in August, well below 75K…
We now expect a 50bps Fed cut in September – Standard Chartered
August non-farm payrolls rose just 22k, well below the 75k consensus; three-month average is now 29k.…
US Treasury Secretary Scott Bessent says the Fed must re-establish its credibility
United States (US) Treasury Secretary Scott Bessent warned that the Federal Reserve (Fed) must re-establish its…