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The fact remains that re-opening the Strait is the single most important factor
Most folks attributes the dollar gain to the rising price of oil that is based on the falling probab...
Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Tuesday Amid Stalled US-Iran Talks
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.2% and the actively trad...
NZD/USD Price Forecast: Refreshes weekly high near 0.5725 as US Dollar weakens
The NZD/USD pair posts a fresh weekly high at around 0.5725 during the European trading session on Friday. The Kiwi pair reflects strength as risk-on market sentiment due to a slight cool down in hawk ...
Asian stock markets rebound on weak US data, lower oil prices, KOSPI surges almost 6%
Asian stock markets reflect strong demand on Friday, as traders reconsidering hawkish Federal Reserve (Fed) bets and lower oil prices due to easing geopolitical woes have lifted demand for risk-sensit ...
India's HSBC Composite PMI misses estimates in June: What 57.1 means for the Indian Rupee
The final reading of India's HSBC Composite Purchasing Managers Index (PMI) was revised down to 57.1 in June from the previous reading of 57.4, the latest data published by S&P Global and HSBC Bank sh ...
Swiss Franc rises as US Dollar declines on easing Fed rate hike bets
USD/CHF extends its losses for the second successive day, trading around 0.8020 during the Asian hours on Friday. The pair depreciates as the US Dollar (USD) loses ground amid a disappointing set of d ...
India HSBC Composite PMI registered at 57.1, below expectations (57.4) in June
India HSBC Composite PMI registered at 57.1, below expectations (57.4) in June
India HSBC Services PMI came in at 57.4, below expectations (58) in June
India HSBC Services PMI came in at 57.4, below expectations (58) in June
Australian Dollar remains on the front foot vs weaker USD after China Services PMI
The AUD/USD pair turns positive for the second straight day following a modest Asian session downtick to the 0.6910 region amid the emergence of fresh US Dollar (USD) selling.
China’s RatingDog Services PMI eases in June: What 54.1 means for Australian Dollar
China's Services Purchasing Managers' Index (PMI) declined to 54.1 in June from 54.4 in May, the latest data published by RatingDog showed on Friday.
Canadian Dollar declines on falling oil prices
USD/CAD inches higher after registering modest losses in the previous day, trading around 1.4190 during the Asian hours on Friday. The currency pair is holding its ground as a tug-of-war unfolds betwe ...
Japanese Yen reverses modest Asian session losses against USD as intervention risks loom
The USD/JPY pair attracts fresh sellers following a modest Asian session uptick to the 161.50 region and turns lower for the second straight day on Friday.
British Pound strengthens to near 1.3350 as cooling US labor market weighs US Dollar
The GBP/USD pair trades with mild gains near 1.3350 during the early Asian trading hours on Friday. The US Dollar (USD) edges lower against the British Pound (GBP) on a weaker-than-expected US Nonfarm ...
Euro softens below 1.1450 as softer Eurozone inflation trims ECB hike bets
The EUR/USD pair declines to around 1.1420 during the early Asian session on Thursday, pressured by a soft Eurozone inflation outlook. The US Dollar (USD) strengthens against the Euro (EUR) despite di ...