Author: Admin
UK employment change jumps to 238K, offsetting steady 4.7% jobless rate.EU ZEW Economic Sentiment plunges in August, led by sharp German deterioration.US inflation data fuels EUR/USD gains, indirectly supporting EUR/GBP despite weak EU outlook.The EUR/GBP stays flat during the North American session, as economic data in the UK initially pushed the pair lower, even though the European Union (EU) ZEW survey showed a deterioration in the bloc. The cross-pair trades at around 0.8644, muted.Mixed data from Europe and Britain keeps cross muted despite softer US inflation boosting EUR/USDMarket mood remains upbeat following the release of a good inflation report in…
China has sent notifications to firms advising them against buying Nvidia’s H20 chips, notably those with any government purposes, Bloomberg reported.
U.S. Tariffs: Markets Stay Calm, But Inflation and Stagflation Risks Loom – Forex Trading Forum “> “>
A new analysis finds that U.S. consumers have absorbed only a small portion of the tariffs imposed by the Trump administration — but Goldman Sachs expects that to change in the months ahead.
XAG/USD up 0.24% on Friday, on track to end week over 3.5% higher.Price surged more than 6% since July 31 low at 50-day SMA of $36.20.Bullish harami pattern confirmed after breaching July 31 high of $37.26.Silver Price advances for the fourth time in the week, poised to end above $38.00 a troy ounce and close to weekly highs of $38.50 as traders prepare for the weekend. Broad US Dollar weakness across the board and increasing bets that the Federal Reserve might reduce rates at the September meeting, supported the grey metal advance.XAG/USD trades with daily gains of 0.24%, set to…
Earnings Watch: There’s a quieter week ahead, with results due from Cisco and WeightWatchers, and executives on quarterly earnings calls have talked about a recession a lot less over the last 2 months.
Newsquawk Week Ahead: Highlightsa 11-15th August 2025 – Forex Trading Forum “> “>
“A company representative said the account needed to be emptied within a 10-year period.”
AUD/USD climbs for the fourth straight day, buoyed by a weaker US Dollar and rising expectations of a September Fed rate cut.Markets are fully pricing in a 25 basis point rate cut by the Reserve Bank of Australia (RBA) on August 12, which would bring the cash rate down to 3.60%.All major Australian banks including ANZ, CBA, NAB and Westpac expect further easing, with year-end rate forecasts around 3.35%.The Australian Dollar (AUD) is consolidating gains against the US Dollar (USD) on Friday, buoyed by weakness in the Greenback amid growing expectations that the Federal Reserve (Fed) will cut interest rates…
“I got rid of him by asking for a business card and a company name, and he bugged out.”