The US Dollar Index declines for a second day, trading near 100.60 amid early European session pressure. The US Dollar Index (DXY) fell to around 100.60, extending losses for a second consecutive session during early European trading. The decline reflects broader weakness
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second successive day, trading around 100.60 during the early European hours on Friday. The technical analysis of the daily chart indica
US non-farm payrolls rose by 57K in June, missing expectations of 110K and weighing on the dollar. USD/JPY fell around 50 pips to 160.80-20 levels after US June non-farm payrolls grew by 57K, below the 110K forecast. The dollar weakened broadly, extending losses in Europea
The currency pair climbs to its highest level this week as Fed rate hike expectations ease and risk appetite improves. The NZD/USD pair reached a fresh weekly high of 0.5725 during European trading on Friday, driven by a softer US Dollar. The move reflects improved risk se
The NZD/USD pair posts a fresh weekly high at around 0.5725 during the European trading session on Friday. The Kiwi pair reflects strength as risk-on market sentiment due to a slight cool down in hawkish Federal Reserve (Fed) expectations has improved the appeal of antipod
ING’s commodities strategists highlight that Gold rallied after weaker US jobs data reduced fears of further Federal Reserve rate hikes. Lower Treasury yields and a softer Dollar improved the appeal of non-yielding assets They also note continued central bank buying
Binance adds AEUR, PYR, SCRT and VANRY to Monitoring Tag list Binance will add four tokens to its Monitoring Tag list. The tokens include Anchored EUR, Vulcan Forged, Secret and Vanar. Tokens with a Monitoring Tag have higher risk and volatility, and may face del
West Texas Intermediate crude trades above $69.00, recovering on a softer US Dollar ahead of a US holiday weekend. West Texas Intermediate crude oil remains above $69.00, trading at $69.10 in early European trading on Friday. The benchmark recovers ground as a weaker US Do
Weaker US Dollar lifts oil prices after June payrolls miss estimates, easing Fed rate hike bets. West Texas Intermediate crude trades at $69.10 in early European trading, recovering on a softer US Dollar. The move follows weaker-than-expected US jobs data, which reduced ex
Large EUR/USD expiries at 1.1500 level may limit price gains The EUR/USD currency pair has traded up to fresh highs since last Monday after a softer US jobs report. The near-term bias has shifted to favour buyers again, opening up room for further upside price exte
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