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Cable edged lower in early European trading on Wednesday, pressured by disappointing UK data, as July’s Construction PMI dropped to its lowest level since 2020. Despite the dip, the pair remains locked within a narrow range for the third…
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Economic data released on Tuesday indicated that business activity in the Eurozone picked up slightly in July compared to June, though overall momentum remained subdued due to persistently weak demand. The Eurozone Composite Purchasing…
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WTI crude extended its sharp decline for a third consecutive day on Monday, nearly erasing last week’s rally from \$64.99 to \$70.50. The pullback accelerated after multiple failed attempts to break above the \$70.00 level — a key…
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The U.S. dollar index edged slightly higher on Monday morning, recovering modestly after a sharp 1.5% drop on Friday — its largest single-day loss since April 10. The selloff followed weaker-than-expected July nonfarm payrolls data, a…
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U.S. nonfarm payrolls rose by just 73,000 in July, significantly below the forecast of 110,000 and well under June’s sharply revised figure of 14,000 (down from the initially reported 147,000). The unemployment rate edged up to 4.2% from…
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Inflation in the Eurozone held steady at the European Central Bank’s 2% target in July, slightly above the 1.9% forecast, reinforcing the ECB’s more dovish outlook on price pressures. The stable reading supports the central bank’s…
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BTCUSD dropped to a three-week low around the 114K area on Friday morning, as market sentiment weakened following President Trump's latest orders to impose trade tariffs on several countries. The decline, which broke below a two-week…
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Gold prices rebounded on Thursday from a one-month low at $3,268, recouping much of Wednesday’s sharp 1.6% decline. The previous drop was driven by a stronger U.S. dollar, which surged on the back of recent U.S. trade agreements and…
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The British pound extended its steep decline on Wednesday, falling to its lowest level in nearly two and a half months. The pair has dropped for five consecutive sessions, sliding from the July 24 lower high at 1.3588. Sterling remains…
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EUR/USD continues its steep decline for the third consecutive session, shedding nearly 2.5% since Monday’s open, as a resurgent U.S. dollar weighs heavily on the euro. The greenback’s strength is being driven by a highly favorable U.S.–EU…
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