Euro slides as Waller warning, Iran strikes lift US Dollar

The shared currency begins the week on a lower note, down 0.31% as risk aversion fueled flows towards the US Dollar amid heightened tensions in the Middle East. Also, hawkish comments by a Fed official underpinned US Treasury yields, suggesting markets expect the US central bank to raise rates. The EUR/USD trades at 1.1379 after […]
S&P Global upgrades Revvity outlook on leverage improvement

S&P Global upgrades Revvity outlook on leverage improvement Source link
Gold Price Forecast: XAU/USD Slips Below $4,100, But Selling Pressure Shows Signs of Exhaustion – CryptoRank

Gold Price Forecast: XAU/USD Slips Below $4,100, But Selling Pressure Shows Signs of Exhaustion CryptoRank Source link
Stronger fix guides gradual RMB gains – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong highlight that USD/CNH dipped after a stronger USD/CNY fix below 6.80, the first such level since February 2023. They read this as policymakers being comfortable with further RMB appreciation while managing the pace. Technically, they see mild bullish momentum in USD/CNH, with support at 6.75/76 and resistance […]
Why is Invesco QQQ Trust sliding today?

Why is Invesco QQQ Trust sliding today? Source link
