Australian Dollar holds despite weak Chinese PMIs
AUD/USD trades around the 0.7020 area during Friday’s American session. The pair remains under mild pressure as disappointing Chinese business activity data offsets stronger Australian inflation expectations, while renewed hawkish comments from Federal Reserve (Fed) officials provide fresh support for the US Dollar. China’s National Bureau of Statistics reported that the Manufacturing PMI fell to […]
Gold Price Forecast: XAU/USD Poised for August Breakout After Six Weeks of Consolidation – FOREX.com
Gold Price Forecast: XAU/USD Poised for August Breakout After Six Weeks of Consolidation FOREX.com Source link
Capital One says it closed Trump Organization’s accounts after anti-money laundering probe
Capital One says it closed Trump Organization’s accounts after anti-money laundering probe Source link
WTI Oil rises as geopolitical risks keep supply concerns alive
West Texas Intermediate (WTI) US Oil trades higher on Friday, rising 0.76% to around $83.30 after staging a sharp rebound from an intraday low below $80.00. The Crude Oil has erased some of its weekly losses and is on track to finish the week close to its opening levels after the bearish gap seen at […]
US Justice Department subpoenas New York Times freelancer over North Korea story, paper says
US Justice Department subpoenas New York Times freelancer over North Korea story, paper says Source link
Gold Price Forecast: XAU/USD Drops to $4,500 as Iran Tensions Intensify – CryptoRank
Gold Price Forecast: XAU/USD Drops to $4,500 as Iran Tensions Intensify CryptoRank Source link
XAG/USD consolidates above $55 as downside momentum eases
Silver (XAG/USD) trades on the back foot on Friday as rising US Treasury yields outweigh support from a weaker US Dollar (USD). At the time of writing, XAG/USD trades around $57.50, down 2% on the day and on track to close July in negative territory. The US Dollar stays under pressure following suspected intervention by […]
What does the China reset mean for the Nike business?
What does the China reset mean for the Nike business? Source link
BYD’s sales rise for third month, buoyed by exports
BYD’s sales rise for third month, buoyed by exports Source link
Euro recovers as Eurozone inflation stays firm
EUR/USD trades near the 1.1530 area during Friday’s American session, consolidating after a strong rally off intraday lows. The Euro found support from resilient Eurozone inflation data, although gains remain capped as hawkish Federal Reserve (Fed) rhetoric boosts the US Dollar. Preliminary data from Eurostat showed that the Eurozone Harmonized Index of Consumer Prices (HICP) […]
