A surging US dollar threatens to end the nascent rally in the yen, just as speculators have abandoned betting on the Japanese currency. The USD/JPY currency pair started this week’s trading with the…
When you see this chart, you can also see that we have been in a long-term downtrend, and it’s worth noting that the US dollar itself is strengthening based on…
European indices are deepening losses across the board with US futures also slumping more heavily now on the day. S&P 500 futures are down 35 points, or 0.8%, as the…
Despite the narrow range on the day, there is a lot to digest when it comes to looking at the EUR/USD chart at the moment. The most glaring detail is…
The price of gold fell after the largest decline in a month, as investors sought to buy the US dollar, amid increasing signs of an economic slowdown. Accordingly, bullion prices took a downward…
Sterling received support near recent levels against the euro and dollar after new data from the Office for National Statistics showed UK wages were faster than expected in June, with…
What key economic releases and events are on the schedule for the week starting on August 15. Monday, August 15 Empire State manufacturing index, 8;30 AM ET, Est 5.1 vs…
S&P 500 futures are down 42 points shortly ahead of the open while Nasdaq futures are down 195 points. The US dollar is up to the best levels of the…
China’s actions are a significant escalation There are serious concerns that Beijing actions will destabilise the region US will continue to make maritime transits through Taiwan strait After all the…
Here is what you need to know on Friday, August 5: The dollar weakened against its rivals amid falling US Treasury bond yields on Thursday but managed to regain its…