Australian Dollar holds ground as US Dollar weakens on Fed rate cuts odds

The Australian Dollar (AUD) appreciates against the US Dollar (USD) on Friday despite disappointing key economic data from China, Australia’s major trading partner. The AUD/USD lost more than 0.5% in the previous session as the US Dollar gained ground following stronger US economic data…Read More

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Gold sticks to gains as strong US PPI-inspired USD rally falters amid Fed rate-cut bets

Gold (XAU/USD) adds to modest Asian session gains and recovers a part of the previous day’s losses to a two-week low, though it lacks bullish conviction…Read More

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Pound Sterling Price News and Forecast: GBP/USD gains ground to near 1.3545 in Friday’s session.

The GBP/USD pair gathers to around 1.3545 during the early European session on Friday, bolstered by a weaker US Dollar (USD…Read More

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U.S. Retail Sales, Fed Outlook, and Import Costs Paint Mixed Picture for Traders

Import Prices Firm, Led by Fuel and Industrial Goods The U.S. import price index increased by 0.4% in July, reversing two months of declines. Fuel import prices led the rise with a 2.7% monthly gain—petroleum up 2.4%, natural gas up 4.7%. Nonfuel import prices advanced 0.3%, reflecting higher costs for industrial supplies, consumer goods, and […]

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China Retail Sales Slip, Industrial Output and Jobs Data Weigh; Hang Seng Dips

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EUR/CHF remains above 0.9400 as Euro gains on cautious ECB outlook

EUR/CHF holds gains after registering losses in the previous session, trading around 0.9410 during the Asian hours on Friday…Read More

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New all time high for US stock markets despite higher inflation

Emini S&P SEPTEMBER new all time high at 6506. Last session high & low were: 6453 – 6496…Read More

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EUR/GBP edges higher above 0.8600, eyes on Trump and Putin meeting

The EUR/GBP cross gains traction to around 0.8610 during the early European session on Friday. The Euro (EUR) strengthens against the Pound Sterling (GBP) amid hopes that Russia will end the war in Ukraine…Read More

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US Retail Sales are expected to increase further in July, ahead of tariff hikes

The United States Census Bureau will publish the country’s Retail Sales report on Friday. Market analysts anticipate a 0.5% monthly growth in the headline Retail Sales in July, following a slightly higher increase in June, suggesting that consumption stayed strong…Read More

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KORE Group Holdings, Inc. (KORE) reports Q2 loss, tops revenue estimates

KORE Group Holdings, Inc. (KORE) came out with a quarterly loss of $0.5 per share versus the Zacks Consensus Estimate of a loss of $0.47…Read More

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