Forex

U.S. gross domestic product shrank 0.9% in the second quarter due to a steep drop in investment and softer consumption, posting back-to-back quarterly declines in real output.

German inflation y/y nudged lower for the second consecutive month but the harmonized rate rose unexpectedly. EUR/USD nears the session low.

The Fed raised rates by another 75 basis points last night but said that it may slow down the path of further hikes. The US dollar is on the back…

EU economic sentiment disappointed estimates as reduced gas flows start to affect industry. German CPI later could give an idea of EU CPI data tomorrow

Earnings are expected to show signs of a slowdown with Q3 estimates to give guidance on the way forward.

Gold correction higher faces first key resistance.

AUD/USD is trading mixed this morning as commodities, market sentiment and local economic data grapple for pole position.

The Dow Jones and S&P 500 soared despite a 75-basis Federal Reserve rate hike. Now, retail traders are selling Wall Street. Is this a sign further gains may come from…

The US Dollar gave up ground today as the Federal Reserve changed tack on future rate move indications which was interpreted as less hawkish by the market.

Gold prices rose after traders trimmed FOMC rate hike bets after the Fed policy announcement. Bullion prices look poised to continue rising, but GDP and PCE data present potentially major…