Gold price (XAU/USD) is holding steady as investors anticipate a potential 50 bps rate cut by the Federal Reserve in September. The recent decline in US bond yields and a
The GBP/USD pair saw a slight recovery on Wednesday, gaining 0.25% as a result of broad-market risk flows pushing down the US Dollar. Despite this bounce, Cable continues to face
The Nonfarm Payrolls (NFP) report is a crucial indicator of the US employment situation, excluding certain sectors like farms and the federal government. It provides insights into job creation, the
The USD/CAD pair is currently trading in a tight range near 1.3550 as investors await the Bank of Canada's (BoC) monetary policy announcement. The BoC is expected to cut interest
The AUD/USD pair has bounced back and recovered its intraday losses after hitting a two-week low just below the key support level of 0.6700 during Wednesday's European session. The Australian
EUR/USD shows signs of recovery in Wednesday's trading session as the US Dollar experiences a slight correction. The recent dip in the major currency pair was met with buying interest
GBP/USD held steady above the key 1.3100 level as the trading week kicked off with limited economic data from the UK and US markets closed for the Labor Day holiday.
The Canadian Dollar (CAD) started the new trading week with little movement, as both Canadian and US markets were closed for the Labor Day holiday. However, key events are on
US Labor Market Takes the Spotlight Post-Fed Inflation Pivot With the Federal Reserve shifting focus away from inflation, the US labor market is back at the center stage. As traders
Title: USD Rebounds Strongly from 13-Month Lows as Risk Sentiment Weakens: Weekly Market Update The US dollar, also known as the Greenback, has made a significant recovery after hitting 13-month