British Pound climbs on soft US data despite Warsh’s hawkish tilt
The Pound Sterling (GBP) registers a 0.14% gain on Wednesday amid broad US Dollar (USD) strength and comments by the Federal Reserve (Fed) Chair Kevin Warsh, who reiterated that the central bank would not provide forward guidance, despite accepting that inflation remains too high. At the time of writing, the GBP/USD pair trades at 1.3277 […]
Why is Meta Platforms stock surging today?
Why is Meta Platforms stock surging today? Source link
Gold (XAUUSD) & Silver Price Forecast: Gold Defends Triple Bottom at $3,973 as Silver Holds Channel Floor — Next Move? – FXEmpire
Gold (XAUUSD) & Silver Price Forecast: Gold Defends Triple Bottom at $3,973 as Silver Holds Channel Floor — Next Move? FXEmpire Source link
ISM Manufacturing PMI set to maintain expansion in the US factory sector
Attention shifts to Wednesday’s release of the June ISM Manufacturing Purchasing Managers Index (PMI), one of the most closely followed indicators of activity in the US manufacturing sector and an important barometer of the broader economy. Markets expect the headline index to remain unchanged at 54, matching May’s print. That would be the sixth consecutive […]
Why is Schneider Electric stock sliding today?
Why is Schneider Electric stock sliding today? Source link
Gold Price Forecast: XAU/USD Holds Near $4,000 as Bulls Defend YTD Lows – CryptoRank
Gold Price Forecast: XAU/USD Holds Near $4,000 as Bulls Defend YTD Lows CryptoRank Source link
Recovery seen shallow without USD fade – OCBC
Christopher Wong at OCBC notes USD/THB’s recent rebound is running into interim resistance around 33.40 after a sharp move higher. Bank of Thailand officials attribute THB weakness mainly to broad USD strength and Thai equity outflows, while signalling readiness to manage excessive FX moves. Softer Oil may slow USD/THB upside, but THB recovery could stay […]
US House committee opens investigation into Merck, AbbVie China drug trials
US House committee opens investigation into Merck, AbbVie China drug trials Source link
Gold (XAUUSD) Price Forecast: Will Warsh and NFP Trigger Gold’s Next Major Move? – FXEmpire
Gold (XAUUSD) Price Forecast: Will Warsh and NFP Trigger Gold’s Next Major Move? FXEmpire Source link
