News
Entertainment
Science & Technology
Life
Culture & Art
Hobbies
News
Entertainment
Science & Technology
Culture & Art
Hobbies
FXStreet - The Foreign Exchange Market - Economy
9 | Follower
Pound Sterling Price News and Forecast: GBP/USD declines on disappointing data, tumbles to 1.2500
GBP/USD Price Forecast: Declines on disappointing data, tumbles to 1.2500 The Pound Sterling extends its losses against the Greenback for the third straight day, is down 0.47% after UK Flash PMIs and Retail Sales data disappointed investors.
USD/CAD turns upside down on steady Canadian Retail Sales growth, US Dollar retraces
The USD/CAD pair surrenders its entire intraday gains and ticks down as the Canadian Retail Sales data grew steadily in September and the US Dollar (USD) gives up a majority of its intraday gains after refreshing a two-year high.
US Dollar set to close off on a high note this Friday with EU and US PMI's revealing US Dollar exceptionalism being back in play
The US Dollar (USD) printed a fresh two years high, pushing the DXY US Dollar Index above 108.00, after Purchasing Managers Index (PMI) data for the Eurozone signaled that the region could be on the brink of a recession. The data weighed
A (local) peak in Gold is now imminent – TDS
The downturn in Gold prices underscored by sharp liquidations from macro funds lined up exceptionally well with historical patterns surrounding drawdowns associated with macro fund liquidations from extreme levels, averaging between 7-10% over the last decade, TDS’ Senior Commodity Strategist Daniel Ghali notes.
USD/JPY edges lower after stronger-than-expected Japanese inflation, stimulus package
USD/JPY is trading a touch lower in the 154.30s on Friday as the Japanese Yen (JPY) strengthens against the US Dollar (USD) due to the release of higher-than-expected Japanese macroeconomic data, and Tokyo’s announcement of a $250 billion economic stimulus package.
Crude Oil salvages situation on Friday and is set to close off this week with more than 5% gains
Crude Oil price is set to close off this week above $70 after a week filled with headlines on ramped up tensions between Russia and Ukraine. Both countries are rushing to get the tactical upper hand ahead of possible resolution talks once President-