Market News

EURO Bulls look poised to make a move on this low liquidity Monday with the UK on a bank holiday. A fresh bout of stimulus from China helps sentiment and the Euro advances in early trade....

Gold prices look tentative this week ahead of key US economic data including GDP, Core PCE and NFPs. XAU/USD holds above $1900/oz....

The Australian Dollar drifted higher today after China continued to announce measures to backstop a struggling economic outlook amid the Jackson Hole fallout. Where to for AUD/USD?...

The USD is holding gains against its peers after Powell warned of more tightening to bring down inflation to the 2% target. What is the outlook for EUR/USD, GBP/USD, and AUD/USD?...

Wall Street managed to get through the Jackson Hole Symposium unscathed, despite a hawkish takeaway from Fed Chair Jerome Powell last Friday....

The Japanese Yen is pondering a potential new low today with the US Dollar gaining traction post-Jackson Hole. The Fed and BoJ remarks may add to speculation to bolster USD/JPY....

The US Dollar mostly outperformed against its major peers as gold prices managed to push higher. Ahead, all eyes are on the Fed’s preferred inflation gauge, US non-farm payrolls and Chinese manufacturing PMI. What else?...

Fed chair Jerome Powell said that the central bank would continue to raise interest rates if needed but that they would proceed carefully....

USD/JPY receives bullish boost ahead of Powell’s Jackson Hole speech which contrasts EUR/JPY fortunes which may extend on recent dovish ECB revelations...

The single currency is struggling against a robust US dollar ahead of Fed chair Jerome Powell’s keynote speech later today....