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Euro on the descending roller!
USD weakening or Dollar strengthened?Early today, Euro tried to continue its rally of Wednesday but failed at 1.90 and now again back under its critical level, sitting currently at 1.1850. With the ongoing changes in the US economy and the latest com...
NFP preview in the Employment Week
ADP missed, Jobless Claims fall, Job Cuts in record low!This week is the "Employment Week" in the United States. Yesterday, we had ADP numbers surprised us, and today Jobless Claims,...In terms of ADP, the market expected the number of employees to i...
BoE Preview: Count the votes!
Board members at the crossroads.Bank of England will hold the monetary policy meeting and interest rate decision tomorrow, 05 August. As we saw in other developed economies, we do not have any changes in current record-low interest rates; Monetary Po...
Wall Street opened mixed, with mixed economic data!
What about Gold?Before the cash market opens, the futures market was falling. Dow lost 0.5% in the cash market opening, SP500 was down by 0.3%, and Nasdaq traded 0.1% higher in the first minutes of the market opens. The mixed and negative stock...
US dollar Steady, waiting for Jackson Hole?
US 10-year treasury back above 1.187After RBA and ahead of BoE, investors may wait for more Hawkish signals and policies. Early Tuesday, the Australian central bank held the Interest rates. Despite the lockdowns and restrictions in some cities a...
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