Trending
- Dollar Index – recovery extends as bulls test critical resistances
- BTC/USD – bearish pressure persists while price remains under cloud base
- Gold rises amid heightened uncertainty following Trump’s firing of Fed Governor
- BTCUSD – bears back in control though key support remains resilient
- WTI extends rebound on supply concerns and fading optimism over peace talks
- US Dollar Index – temporary stabilization ahead of possible renewed downside pressure
- Dollar–yen recovers momentum following recent drop
- Economic activity in Germany weakens sharply in second quarter
- Dollar index holds steady ahead of Powell’s remarks
- WTI crude rises on stronger demand, falling inventories, and geopolitical uncertainty
GBPUSD – Recovery loses momentum ahead of BoE rate decision
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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Eurozone business activity saw a slight uptick in July – PMI
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 oil extends sharp decline following OPEC+ decision to boost output further
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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USD INDEX – Bears pause following Friday’s steep decline
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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A sharp decline in job growth and a rise in unemployment signal a slowdown in the U.S. labor market.
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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Eurozone inflation holds steady at 2% in July
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 – Break Below Two-Week Range Signals Weakness, but Key Support Remains Intact
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 rebounds from a multi-week low, but upside momentum remains capped by strong resistance
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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GBP/USD remains under sustained pressure
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 extends sharp decline for a third straight day, awaits Fed decision for new direction
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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