The New Zealand Dollar weakens slightly after China’s July PMI misses forecasts, but geopolitical risks dominate investor focus. NZD/USD fell 0.11% to 0.5870 on Monday, pressured by softer-than-expected Chinese economic data. China’s Manufacturing PMI slowed to 50.9 in Jul
Sterling pares gains versus USD as weaker-than-expected UK factory data weighs on sentiment. The British Pound retreated to around 1.3450 against the US Dollar on Monday after the UK’s final Manufacturing PMI was revised downward. The move erased earlier gains that had pus
Downward revision in July UK manufacturing PMI to 51.2 from 52.8 weighs on the Pound amid broader USD strength. The British Pound retreated to around 1.3450 against the US Dollar on Monday, paring earlier gains after July’s UK S&P Global Manufacturing PMI was revised downw
Investors focus on upcoming US economic reports to gauge potential Fed rate moves in September after last week’s volatility. EUR/USD opened the week at approximately 1.1540, stabilizing after recent volatility tied to Federal Reserve policy shifts. Market attention has piv
XAG/USD rises for the first time in three sessions, trimming year-to-date losses amid a softer dollar and lower gold-silver ratio. Silver prices climbed 1.37% to $58.38 per troy ounce on Monday, recovering from Friday’s close of $57.59. The move trimmed year-to-date losses
Washington and Tokyo aligned on currency policy to curb yen declines, marking a shift in bilateral exchange rate diplomacy. The US and Japan collaborated last week to deter speculative bets against the yen, following months of diplomatic and technical preparations. The eff
XAG/USD gains stall at $58.68 despite early support from falling oil prices amid persistent Fed tightening bets. Silver prices rose 1% early in the session, driven by a sharp decline in oil prices, but failed to sustain momentum above $58.68. Hawkish Federal Reserve expect
XAG/USD gains are limited by expectations of further Fed tightening despite a drop in oil prices easing inflation concerns. Silver (XAG/USD) rose 1% to $58.20 but failed to sustain momentum above $58.68 as hawkish Federal Reserve expectations capped upside. The metal benef
Soft Swiss inflation and manufacturing figures weigh on the Franc, lifting USD/CHF to near 0.8090 in early European trading. USD/CHF climbed to 0.8090 in European trading Monday, extending gains for a second day. The Swiss Franc (CHF) weakened after softer-than-expected do
Swiss consumer prices rose 0.4% year-on-year in July, the slowest pace since March, weighing on the Franc amid softer economic data. The USD/CHF pair climbed to 0.8090 in European trading, extending gains for a second day as the Swiss Franc weakened. July’s inflation data
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