Forex

The July nonfarm payrolls report will provide valuable information on the health of the U.S. economy and help shape the near-term outlook for gold, the U.S. dollar, and the S&P…

Gold prices slide for the second straight day amid U.S. dollar strength and rising Treasury yields following better-than-expected U.S. economic and Fitch’s decision to downgrade U.S. debt.

The dollar rallied as US Treasury yields fell supplemented by an ADP employment change beat ahead of the US trading session.

A mixed bag from Sterling-crosses today with GBP/USD seemingly stuck, while GBP/NZD touches its highest levels since April 2020

The Japanese Yen gained some lost ground after minutes of the BoJ meeting provided clarity on policy intentions. US credit downgrade having little impact for now

The DXY appears to have shrugged off a downgrade by Fitch Ratings to continue high following the European Open. Can the US Dollar sustain the upward momentum?

European indices have fallen sharply in early trading, but the Dow is only slightly lower despite the US credit rating downgrade last night.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading bias.

AUD prices have been rocked by the US ratings downgrade but has managed to find support against the NZD as market keenly await ADP data later today.

The British Pound continues to be pressured by the US Dollar. Now, retail traders have turned net-long GBP/USD. Is this a signal that further pain is in store for Sterling?