USD: The US dollar has recently come under some pressure as Treasury yields dropped significantly following the higher than expected US inflation data last week. The reaction might seem illogical as higher inflation should lead to higher interest rates, but the market migh
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Euro gives back early gains as US Dollar bounces back The Euro (EUR) surrenders its early gains against the US Dollar (USD) and flattens at around 1.1213 during the European trading session on Tuesday. The major currency pair falls back as the US Dollar rebounds strongly d
Dow Jones futures rise as markets bet on Fed rate hold, tech recovery Dow Jones futures gain by 0.38% to trade near 52,380 during European hours on Tuesday. S&P 500 futures surge 0.13% to trade around 7,740, while Nasdaq 100 futures lose by 0.12% to near
Germany ZEW survey current conditions vs -45.0 expected Prior -47.1 Germany ZEW survey economic sentiment vs 30.0 expected Prior 34.7 The breakdownMore to come... What does the data measure?The ZEW survey measures financial analysts' and institutional investors' views on G
Silver Price Forecast: XAG/USD rises to near $57.30 amid drop in US bond yields Silver price (XAG/USD) trades 0.35% higher at around $57.30 during the European trading session on Tuesday. The white metal rises as United States (USD) Treasury Yields come under pressure afte
New Zealand Dollar gains as traders price in future RBNZ rate hikes NZD/USD extends its gains for the fourth consecutive day, trading around 0.5690 during European hours on Tuesday. The pair appreciated as the New Zealand Dollar (NZD) held its losses following the latest i
Swiss Franc: Upside potential against US Dollar despite pullback – UOB United Overseas Bank’s (UOB) Quek Ser Leang notes USD/CHF closed firmer at 0.8265 after trading in a tight 0.8228–0.8270 band. Intraday, a slight uptick in momentum points to modest gains within
Euro declines against British Pound as UK jobless rate falls sharply The Euro (EUR) slides 0.2% to near 0.8407 against the British Pound (GBP), following the release of the United Kingdom (UK) labor market data for three months ending August. The labor market data has show
British Pound: Upside risk toward 1.3405 within range – UOB United Overseas Bank’s (UOB) Quek Ser Leang reports GBP/USD eased to 1.3304 but remains supported after last week’s surge to 1.3371. Intraday, the Pound is expected to consolidate between 1.3285 and 1.3335 as mome
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