NASDAQ 100 AND S&P 500 REMAIN PRESSURED AS FEAR RISES US futures retreated in early trading as investors braced for more equities weakness in the coming months. The Dow Jones futures added to the 270 points losses it made...
NASDAQ 100 AND S&P 500 REMAIN PRESSURED AS FEAR RISES US futures retreated in early trading as investors braced for more equities weakness in the coming months. The Dow Jones futures added to the 270 points losses it made...
EURUSD V-SHAPED RECOVERY ACCELERATES AHEAD OF US TRADE DATA The EURUSD bullish momentum accelerated in the overnight session as the US dollar declined. The pair rose after weak private payrolls numbers from the United States. Data published by ADP...
GBPUSD WAVERS, FTSE SOARS AFTER PMI AND HOME PRICE DATA The British pound was little changed after the relatively strong economic data from the country. According to the Nationwide Society, the country’s home prices rose by 2.1% in August...
AUDUSD IN TIGHT RANGE AFTER STRONG AUSTRALIAN GDP DATA EURUSD price declined slightly after weak US consumer confidence numbers. According to the Conference Board, the US consumer confidence dropped to a six-month low of 113 from the previous 125....
AUDNZD SLUMPS TO APRIL 2020 LOW AFTER WEAK AUSTRALIAN DATA The price of crude oil was little changed in the overnight session even as many US producers shut down their oil rigs following Hurricane Ida. Brent, the international benchmark,...
USD INDEX SELL-OFF INTENSIFIES AFTER DOVISH POWELL The US dollar index tilted lower on Monday morning as investors continued focusing on the Jackson Hole Symposium speech by Jerome Powell. In it, the Fed chair said that the central bank...
EURUSD FORMS BULLISH FLAG AHEAD OF FLASH EUROZONE CPI European stocks rose on Monday as investors reacted to the speech by Jerome Powell at the virtual Jackson Hole summit. In it, the Federal Reserve chair hinted that the bank...
EURUSD COOLS AHEAD OF JACKSON HOLE AND US GDP DATA The EURUSD was little changed during the Asian session as traders waited for the upcoming statement from the European Central Bank (ECB) and economic data from the US. The...
GLOBAL STOCKS CALM AS FOCUS SHIFTS TO JACKSON HOLE SUMMIT The EURUSD pair retreated after the mixed German business sentiment numbers. According to the ifo Institute, the German business expectations declined from 101 in July to 97.5 in August....
NASDAQ AND S&P SOARS AS TRAVEL AND ENERGY STOCKS ROAR US stocks rose to a record high as energy and hospitality industries rallied. The S&P 500 index rose to a record $4,486 while the tech-heavy index rose to $1,019....