A disappointing end to the week
A disappointing end to the week
Visa makes another big bet on fintech, buying UK payments start-up Currencycloud
Visa makes another big bet on fintech, buying UK payments start-up Currencycloud
GBP/JPY inches toward 153.00 amid risk-on mood
GBP/JPY inches toward 153.00 amid risk-on mood
Binance CEO says he’s willing to step down as world’s biggest crypto exchange welcomes regulation
Binance CEO says he’s willing to step down as world’s biggest crypto exchange welcomes regulation
EUR/USD: Daily Recommendations on major
EUR/USD: Daily Recommendations on major
EUR/USD stays sluggish around 1.1800, US Durable Goods Orders eyed
EUR/USD stays sluggish around 1.1800, US Durable Goods Orders eyed
FX: 10 things to watch this week
FX: 10 things to watch this week
Japan’s Business Activity on the Decline – Services Sector Contracts More Severely
Japan’s Business Activity on the Decline – Services Sector Contracts More Severely
Forex Today: Dollar pressured except against the euro, Bitcoin recovers, PMIs eyed
Forex Today: Dollar pressured except against the euro, Bitcoin recovers, PMIs eyed
European Central Bank vows a ‘persistently accommodative’ stance in new guidance
The euro zone central bank’s Governing Council revised its forward guidance on interest rates, having upgraded its inflation target to a symmetric 2% over the medium term at its recent strategy review. The euro quickly spiked to 1.1804 against the dollar on the news, but then trimmed those gains to trade back to levels near 1.1791.
Millions may soon face lower unemployment benefits or lose them altogether
The long-term jobless who applied for benefits a year or more ago might requalify for state unemployment insurance once federal benefits run out Sept. 6. These workers have reached the end of their “benefit year.” The state will assess a worker’s recent earnings to determine if someone is eligible for another round of assistance. Someone who worked only a little during the pandemic may not qualify for much, if any, based on state formulas.
Gold heads for weekly fall as dollar rises
Spot gold drops as dollar offsets support from lower US bond yields
Covid-19 prompts Fitch Solutions to slash Malaysia's 2021 real household spending growth forecast to
According to Fitch Solutions, in nominal terms, Malaysia’s total household spending will be worth RM900 billion in 2021.
UK government borrowing falls in June
UK government borrowing falls in June
Risk currencies retreat on renewed reflation doubt
Risk currencies retreat on renewed reflation doubt
Chinese Growth, U.S. Jobless Claims, Netflix Gaming - What's Moving Markets
China's growth slowed, but became more balanced, in the second quarter. U.S. industrial production data for June are due, as are weekly jobless claims. Netflix (NASDAQ:NFLX) gains on speculation over its ambitions for videogaming, and oil prices weaken as Saudi Arabia and the United Arab Emirates reportedly move closer to a deal on raising output. Here's what you need to know in financial markets on Thursday, July 15th.
Economic Data from the UK and the U.S Put the Pound and the Dollar in Focus
Following dovish chatter from FED Chair Powell on Wednesday, U.S jobless claims will be a key area of interest later in the day. Employment figures from the UK will also be in focus, however.
EUR/USD analysis: Reaches new July low
EUR/USD analysis: Reaches new July low
Gold Price Forecast: Set-up favours XAU/USD bulls, Powell’s testimony awaited
A combination of diverging forces infused some intraday volatility around gold on Tuesday. Stronger US CPI prints reaffirmed hawkish Fed expectations and boosted USD, capping gains. COVID-19 jitters extended some support to the safe-haven XAU/USD and helped limit losses.
Forex Today: Upbeat market mood weighs on dollar ahead of critical inflation figures, Delta eyed
Forex Today: Upbeat market mood weighs on dollar ahead of critical inflation figures, Delta eyed