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Forex
GBP/JPY soars even further, crosses 206.00 as Yen continues to deflate
GBP/JPY rose to yet another fresh 16-year high on Wednesday, crossing the 206.00 handle after extending recent gains into a 13-trading-day winning streak.
Forex
USD/CHF weakens below 0.9050 ahead of Swiss CPI data
Fed officials maintain a cautious stance and refrain from committing to interest rate cuts.
Forex
GBP/USD jumps higher on broad-market Greenback weakness
GBP/USD extended a near-term rebound on Wednesday, bolstered by a broad softening in US economic figures in the midweek market session.
Commodities
Gold takes off as FOMC Minutes weighed on USD
Gold climbs, spurred by weak US economic data and rising Fed rate cut expectations.
Forex
EUR/USD lurches higher after US data dumps Greenback
US data broadly misses the mark, sparking risk appetite on rate cut hopes.
Commodities
Silver Price Analysis: XAG/USD escalates to eight-day high surpasses $30.00
Technicals indicate a strong upward trend, with XAG/USD exiting a descending channel.
Forex
USD: Data more relevant than minutes – ING
Federal Reserve (Fed) Chair Jay Powell sounded cautiously optimistic on disinflation which, paired with recent PCE data, allows markets to keep betting on
Commodities
Silver Price Forecast: XAG/USD jumps higher above $30 as Fed Powell prompts optimism on rate cuts
Silver price (XAG/USD) rallies to near $30.50 in Wednesday’s American session. The white metal weakens as the US Dollar (USD) fell on the backfoot after Fe
Stocks
Dell is a new Top Pick at Bank of America
Analysts at Bank of America (NYSE:BAC) revealed they are adding Dell to their US 1 List. The list is a a collection of the bank's best investment ideas.
Stocks
Morgan Stanley: Is Tesla finally getting its mojo back?
Tesla (NASDAQ:TSLA) reported a smaller-than-expected 5% drop in vehicle deliveries for the second quarter on Tuesday, as price cuts and incentives helped o
Stocks
5 analysts discuss Tesla stock after Q2 deliveries beat
Tesla (NASDAQ:TSLA) on Tuesday reported its vehicle deliveries for the second quarter, showing a smaller-than-expected decline as aggressive price cuts and
Commodities
Citi: Gold investment demand to rise
Citi analysts have introduced a framework for understanding and forecasting gold prices, which they state aims to rejuvenate investment in this asset by pr
Economics
US: Initial Jobless Claims rose more than expected last week
US citizens that applied for unemployment insurance benefits increased by 238K in the week ending June 29 according to the US Department of Labor (DoL) on
Commodities
Gold prices gain some ground as dollar falls on rate cut hopes
Gold prices rose in Asian trade on Wednesday, seeing some relief as the dollar retreated on some positive comments from Federal Reserve Chair Jerome Powell
Forex
EUR/JPY extends upside above 173.50, eyes on Eurozone PMI data
The interest rate differential between the Eurozone and Japan continues to support the Euro for the time being.
Cryptocurrencies
Bitcoin price today: down to $60k amid Mt Gox dumping fears
Sentiment towards broader crypto markets also remained dour amid uncertainty over U.S. interest rates, with a recent drop in the dollar doing little to det
Forex
EUR/GBP trades with mild losses below 0.8500 ahead of ECB’s Lagarde speech
Investors await the Eurozone PMI data for June and the ECB’s Lagarde speech on Wednesday.
Commodities
USD/CAD falls toward 1.3750 due to higher Oil prices
WTI Oil price edges higher due to supply threat amid escalated geopolitical tensions in the Middle East.
Stocks
European stocks higher; Powell's comments, politics in spotlight
European stock markets rose Wednesday, as investors digested comments from U.S. Federal Reserve Chair Jerome Powell amid a volatile political situation.
Forex
EUR/USD caught in chart churn ahead of Wednesday’s HCOB PMIs, US ADP jobs figure
EUR/USD spent Tuesday in a churning pattern, cycling just below 1.075 as the pair grapples with finding momentum.
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