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EUR/USD edges higher with focus on US Q2 GDP
The Forex Market· 3 days agoThe major currency pair moves higher as the US Dollar (USD) exhibits a sluggish performance on the United States ( ...
Forex Today: US second-quarter GDP report set to ramp up market volatility
The Forex Market· 3 days agoHere is what you need to know on Thursday, July 25: Market participants gear up for a volatile American session that will feature the United States' first estimate of the second-quarter Gross Domestic Product (GDP) growth.
US GDP expands at an annual rate of 2.8% in Q2 vs. 2% forecast
The Forex Market· 3 days agoFollow our live coverage of the US GDP report and the market reaction. Further details of the report showed that the Gross Domestic Product Price Index rose 2.3% in the second ...
NZD/USD slides further to near 0.5900 as RBNZ rate-cut bets surge
The Forex Market· 3 days agoNZD/USD tumbles to near 0.5900 due to multiple headwinds. China’s battered economy and improved RBNZ...
Japanese Yen appreciates on carry trades unwinding, US GDP Annualized awaited
The Forex Market· 3 days agoThe Japanese Yen (JPY) extends its upward trend against the US Dollar (USD) for the fourth straight...
Australian Dollar holds losses ahead of US GDP data
The Forex Market· 3 days agoThe Australian Dollar (AUD) continues its losing streak for the ninth consecutive day on Thursday, primarily due to declining prices of oil, iron ore,...
USD/CAD holds steady above 1.3800, BoC cuts rate again in July
The Forex Market· 3 days agoThe flash US manufacturing sector saw a decline in July, while services business activity Index hit...
Gold price retreats beneath $2,400 as traders await US data
The Forex Market· 3 days agoGold touches $2,432, then stabilizes under $2,400, pressured by US 10-year yields at 4.274%. Gold...
Mexican Peso depreciates against US Dollar as USD/MXN rises above 18.30
The Forex Market· 3 days agoMexican Peso depreciates over 1% against USD, trades above 18.30. INEGI’s mid-month inflation data...
USD/CAD posts fresh three-month high near 1.3800 as BoC cuts rates again
The Forex Market· 3 days agoThe Loonie asset strengthens as the announcement of Bank of Canada’s (BoC) subsequent rate cuts has...