Dollar higher as US business activity ticks up in October By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar climbed against a basket of currencies on Tuesday as a slew of fresh economic da… Read More

US Now that Fed Chair Powell signaled that the Federal Open Market Committee will keep rates on hold at the next policy meeting, Wall Street will look to see how high growth will peak before… Read More

UK Construction PMI declines The British pound has ticked higher on Thursday. In the North American session, GBP/USD is trading at 1.2149, up 0.09%. UK Construction PMI declines The UK Const… Read More

The Bank of England (BoE) has landed squarely in the midst of controversy over an alleged data oversight. The BoE, which has always been perceived as a pillar of accuracy and reliability, mi… Read More

US It will be a busy week filled with a wide range of economic releases, with the focus falling on the consumer and the Fed’s preferred inflation gauge.  August personal income is… Read More

Federal Reserve could be cautious as data continues to show economic resilience BoE may raise rates for the last time in this cycle BoJ eyed for more clues on interest rates after recent hin… Read More

Eurozone August Services PMI fell into contraction territory; dropping from 50.9 to 48.3 Treasuries extend gains after global PMIs disappoint; double digit declines across global 10-year bon… Read More

EU and China Service PMIs drive global growth concerns UK Final Services PMI revised higher but downward trend remains Fed’s Waller (hawk) says “There is nothing that is saying w… Read More

Euro falls below 1.08 for first time since June Fed’s Harker says interest rates may have peaked The euro has extended its losses for a second straight day. In the European session, EU… Read More

US Now that we heard from Fed Chair Powell at the Kansas City Fed’s Jackson Hole Symposium, the focus shifts back to the data. This week is filled with data that will outline how quick… Read More

By ForexTime  GBPUSD sinks after UK PMIs came in below expectations Bank of England rate hikes are taking toll on UK economy Bloomberg model: GBPUSD likely to trade between&nb… Read More

July 24 (Reuters) – U.S. business activity slowed to a five-month low in July, dragged down by decelerating service-sector growth, closely watched survey data on Monday showed, but f… Read More

New Zealand unemployment rate rises NZD slide continues ADP Employment report smashes estimate The New Zealand dollar has extended its losses on Wednesday. In the European session, NZD/USD i… Read More

Andrew Bailey, Governor of the Bank of England, attends the Bank of England Monetary Policy Report Press Conference, at the Bank of England, London, Britain, February 2, 2023.  Pool… Read More

On Tuesday 25th July 2023, crude oil prices were able to stabilize near three-month highs. Much of this stabilization was because traders were waiting for the US Federal Reserve meeting afte… Read More

US The week before the July 26th FOMC meeting will contain a handful of key economic reports and several key earnings results. The initial assessment of the economy is somewhat upbeat as CEO… Read More

Week Ahead July 17-21st MON: PBoC MLF, South Korean Trade Balance Revised (Jun), Chinese GDP (Q2), Retail Sales, and Industrial Output(Jun) TUE: RBA Minutes, SARB Press Release, US Retail Sa… Read More

This week in parcel, the UPS and Teamsters negotiations are coming down to the wire. It appeared the two sides had an agreement going into July 4, but those negotiations fell apart on the mo… Read More

Stocks tumble on fears monetary tightening will trigger a recession Fed rate hike bets still only pricing in one last rate increase European bond yields plunge on downbeat global sentiment U… Read More

US While Europe appears at great risk for a recession as traders bet on aggressive rate rises by all the European central banks, the Fed is still expected to be nearing the end of their resp… Read More

AUDUSD NEWS : AUDUSD Mild bid around 0.6750 as US Dollar traces offbeat yields, US ISM Services PMI eyedAUD/USD grinds near intraday hi… Read More

OPEC+ Oil prices are rallying at the end of the week, perhaps a sign of nerves appearing before the OPEC+ meeting this weekend. While there seems to be a widely held view that the group won… Read More

US Wall Street will remain focused on debt ceiling drama, a plethora of Fed speak, flash PMIs, and bank stress. It will be a busy week filled with economic releases, with most of the attenti… Read More

Eurozone consumer confidence unchanged at -17 Eurozone services and manufacturing PMIs to be released on Tuesday The euro is trading quietly at the start of the week, just above the 1.08 lin… Read More

US This week will be extremely busy as we have an FOMC decision, the nonfarm payroll report, peak earnings season, all while Wall Street keeps an eye on the banking industry to see if any ne… Read More

Major US stock indices close lower but recover about half of the day declines Gold tumbles and falls back below $2000, but rebounding WTI crude oil settles at $82.52 What happens to when the… Read More