The USD surged to $104.29 after the Q2 GDP growth exceeded expectations at 2.8%, impacting EUR/USD and GBP/USD.
Today's US PCE report for June could disrupt the current technical balance. The market expects the month-on-month PCE to increase by 0.1%, compared to 0% in May, while year-on-year PCE may decrease ...
West Texas Intermediate dropped below $77 a barrel to its lowest level since early June. Brent dropped toward $80. Beijing ...
Meanwhile, US Durable Goods Orders declined by 6.6% MoM in June from a 0.1% increase ... After an assassination attempt on former President Donald Trump and drop out of President Biden, Kamala Harris ...
Today's consumer numbers may not be quite as reassuring to those hoping for Fed rate cuts as they first appear. The monthly ...
Register now and join us so that you ... in the GDP report. Durable goods orders fell by 6.6 percent month-over-month, missing the consensus of a 0.4 percent increase. The overall weakness was largely ...
The powerful yen short squeeze that has roiled the capital market this week has stalled today. It is the first day this week ...
ByInvesting.com • 4h ago Gold, Euro Drop Amid Mixed US, German PMI Data ... as losses in the Technology, Consumer Goods and Consumer Services sectors led shares lower. At the close in ...