The Pound Sterling (GBP) edged lower against the US Dollar (USD) in early European trading on Wednesday, with GBP/USD slipping to around 1.3510. The move came after the latest UK S&P Global flash PMI figures for September revealed weaker-than-expected economic
The Japanese Yen (JPY) remains weak against a broadly stronger US Dollar (USD), with USD/JPY trading close to the 148.00 level during Wednesday’s European session. Earlier data showed Japan’s manufacturing sector contracted at the fastest pace in six months, fueling
Gold (XAU/USD) extended its powerful rally on Tuesday, touching new all-time highs during the European session as investors continue to pile into the safe-haven metal. The uptrend, established over the past month, remains firmly supported by expectations of further US
EUR/USD is trading just shy of the 1.1800 mark in the European session, last seen at 1.1795 after recovering from intraday lows near 1.1785. The Euro found mild support from mixed Eurozone PMI data, though investors remain cautious ahead of
The Australian Dollar (AUD) edged lower against the US Dollar (USD) on Wednesday after two days of gains, though downside pressure remains limited. Rising expectations of multiple Federal Reserve (Fed) rate cuts could weigh on the greenback and help support
West Texas Intermediate (WTI) crude oil prices are consolidating near the $64.00 mark in Wednesday’s Asian session after three days of recovery gains. The commodity remains supported by concerns over potential Russian supply disruptions. Technical Outlook From a chart perspective,
Gold (XAU/USD) is holding steady near the $3,680 region during Tuesday’s Asian session, consolidating its recent surge to an all-time high. The metal’s pause reflects caution ahead of a busy week of central bank events, with the Federal Reserve’s policy
EUR/USD is extending its gains for the fourth straight session, trading near 1.1780 during Asian hours on Tuesday. The Euro (EUR) is strengthening as markets await the release of Eurozone Industrial Production figures for July and Germany’s ZEW Economic Sentiment
The Australian Dollar (AUD) held firm against the US Dollar (USD) on Friday, consolidating after two straight sessions of gains. The AUD/USD pair traded near 0.6660, supported by risk-on sentiment and rising bets of a Federal Reserve (Fed) rate cut
The EUR/USD pair edged lower to around 1.1725 during Friday’s Asian session, weighed down by renewed US Dollar (USD) strength. Still, downside momentum may remain limited as traders increasingly anticipate a Federal Reserve (Fed) rate cut next week. Focus now
Gold (XAU/USD) faced mild selling pressure in Asian trading on Thursday, retracing part of the prior session’s gains. The retreat was driven by upbeat sentiment across global equities and a modest uptick in the US Dollar (USD), which together limited
The EUR/USD pair is steady around 1.1700 on Wednesday as markets digest fresh US economic data. A softer US inflation print weakened the Dollar, reinforcing expectations of a Federal Reserve (Fed) rate cut and keeping the pair within familiar ranges.