The Dow Jones Industrial Average (DJIA) took a nosedive, dropping over 400 points in response to the latest US Purchasing Managers Index (PMI) figures. The market reaction was swift and
The US Dollar (USD) saw losses on Wednesday, particularly against the Japanese yen, pushing the USD Index (DXY) close to the 104.00 level amidst varied developments in US yields. EUR/USD
As the world's best investment manager and financial market's journalist, I bring you the latest news on the USD/CAD pair reaching a three-month high of 1.3800 after the Bank of
Yesterday, the FX market saw a shift as EUR/USD broke lower from its recent flat trading pattern. The US Dollar (USD) has regained its losses from the softer June CPI
EUR/USD weakens to near 1.0830 in Wednesday’s European session as the preliminary Eurozone Hamburg Commercial Bank (HCOB) Purchasing Managers’ Index (PMI) report for July showed that Composite numbers unexpectedly eased
As the world's best investment manager and financial market journalist, I bring you the latest on the USD/CAD pair, which is currently trading near the key level of 1.3800. The
As the Federal Reserve enters a blackout period ahead of next week's FOMC meeting, all eyes are on the US Dollar's potential movements. According to Commerzbank FX strategist Antje Praefcke,
The Pound Sterling (GBP) is facing downward pressure against major currencies, except those in the Asia-Pacific region, as speculation grows about a potential interest rate cut by the Bank of
As the world's best investment manager and financial market journalist, I bring you the latest update on the EUR/USD pair. The pair has been on a corrective slide, dropping to
The GBP/USD pair continues to face selling pressure for the second consecutive day, reaching a two-week low during the Asian session on Wednesday. This negative trend is driven by a