The preliminary reading of Australia's S&P Global Manufacturing Purchasing Managers Index (PMI) came in at 52.0 in August versus 52.0 prior, the latest data published by S&P Global showed on Friday.
Gold price (XAU/USD) edges higher to around $4,530 during the early Asian session on Friday. The precious metal rebounds after earlier falling following the US President Donald Trump administration’s unexpected decision…
The Australian Dollar retreated against the Greenback on Thursday as US bond yields resumed their advance, despite the US Treasury's efforts to cap elevated yields following its announcement of a long-end bond buyback p…
GBP/USD trades just beneath 1.3650 late in the session, 0.2% higher on the day and at its highest level in more than four months. The pair sits close to 200 pips above a rising 50-day Exponential Moving Average (EMA) ne…
The GBP/JPY advanced over 0.72%, refreshing a 14-day high of 216.90, with buyers eyeing a breakout above 217.00, which could open the door to a retest of the yearly highs hit in mid-July. The pair trades at 216.73 after…
EUR/USD Weekly Update — Premium Rejection Begins to DeliverLast week I published this same higher-timeframe framework before the current move developed. Now we’re simply auditing the thesis against price. The Weekly str…
AUD/USD is trading in the 0.7100 neighborhood at the time of writing on Thursday, holding close to multi-week highs after a steady climb off its earlier lows. The pair is marginally weaker on the day as the US Dollar (U…
NZD/USD advances for the second consecutive day on Thursday, trading around 0.5940 at the time of writing, up 0.12% on the day. The New Zealand Dollar (NZD) benefits mainly from expectations of another interest rate hik…
NEW YORK, Aug 20 (Reuters) - The U.S. dollar fell to a three-month low against the euro on Thursday before paring losses after the Treasury Department moved to calm a bond market selloff that had pushed long-end yields …
Scotiabank strategists Shaun Osborne and Eric Theoret note the US Dollar (USD) is extending losses to its weakest level since mid-June as markets react to the US Treasury’s decision to double bond buybacks.
The Pound Sterling (GBP) advances on Thursday during the North American session, up 0.25% after US economic data showed that the labor market remains solid, despite a weaker Nonfarm Payrolls in July.
Gold (XAU/USD) trims its earlier intraday losses during American trading hours on Thursday and climbs back above the $4,500 mark, even as US Treasury yields rebound and the US Dollar (USD) stabilizes following the previ…
UBS' chief economist Paul Donovan notes that the United States (US) Treasury’s plan to at least double purchases of long-term US government bonds triggered a rally, pushing 10-year yields down to levels seen a week ago.…
Dow Jones futures inch lose 0.11% to trade around 53,470 during European hours on Thursday. Meanwhile, S&P 500 futures remain inching lower by 0.06%, trading near 7,720, and Nasdaq 100 futures remain steady around 29,52…
ING’s commodities team, led by Ewa Manthey and Warren Patterson, reports Copper market tightness has eased slightly as LME inventories rose by more than 55kt over two sessions, narrowing the cash-to-three-month backward…
Commerzbank’s Dr. Henry Hao and Moses Lim note India’s economy remains supported by strong domestic demand and exports, with growth projected at 6.7% in fiscal 2026-2027 versus 8% previously. Inflation is forecast at 5%…
West Texas Intermediate (WTI), futures on NYMEX, trades 2% higher at around $86.00 during the European trading session on Thursday, the highest level seen in over three weeks. The oil price gains further as the global e…
EUR/CAD halts its three-day winning streak, trading around 1.6110 during the European hours on Thursday. The currency cross faces downward pressure as the commodity-linked Canadian Dollar (CAD) gains support from rising…
The Indian Rupee (INR) snaps three-day losing streak against the US Dollar (USD) on Thursday. The USD/INR pair corrects to near 95.62 as a sharp decline in long-dated United States (US) bond yields, following the announ…
AUD/USD depreciates after registering over 0.5% gains in the previous day, trading around 0.7120 during the Asian hours on Thursday. The AUD/USD pair faces downward pressure as the Australian Dollar (AUD) slips in respo…
The EUR/USD pair posts modest losses around 1.1675 during the early Asian session on Thursday. The Euro (EUR) edges lower against the US Dollar (USD) after experiencing a sharp surge in the previous session. However, th…
West Texas Intermediate (WTI) oil price appreciates after registering modest losses in the previous day, trading around $85.50 per barrel during the Asian hours on Thursday. Crude oil prices have surged amid escalating …
The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Thursday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively.
The GBP/USD pair edges lower during the Asian session on Thursday and retreats further from its highest level since May 11, touched the previous day. Spot prices slip below the 1.3600 mark in the last hour, though the f…