For the sixth day in a row, the USD/JPY pair has been trading in the green near the 145.00 level. Due to stronger-than-expected US PPI data from July and investor expectations for the Bank of Japan (BoJ) to adopt a more dovish attitude, the dollar is appreciating and the Yen …

Gold price registered losses for the third straight week, with concerns over China’s economic stability continuing to weigh on the precious metal’s price. Gold failed to build on last Friday’s gains and started the week on a bearish note. Gold is trading at $1912.90 per ounce at the time of …

Wall Street is mixed as investors analyze inflation and consumer sentiment reports for potential clues about the Fed’s interest rate move. The S&P 500 added 0.4% in the early going, but the benchmark index is still on pace for its second losing week in a row. Most Wall Street traders …

USD/CAD has lost ground due to hot PPI data from the US, which rose to 2.4% YoY in July. Higher oil prices have helped the Canadian dollar trade strong against most rival currencies. The US dollar is trading mildly stronger due to the hot Producer Price Index (PPI) from July …

China’s economic problems, especially its slow growth, have been referred to as a “ticking time bomb” by US Vice President Joe Biden, who misspoke about the growth rate of the nation. The Chinese foreign ministry has not responded to Biden’s comments, but he did not intend to offend China and …

The EUR/USD pair encountered pressures and experienced losses during the US trading session, reaching 1.0975 from a daily high of 1.1000. US Department of Labour report indicated Producer Price Index (PPI) growth of 0.3% MoM, exceeding expectations, with annual PPI at 0.8%. Core PPI rose by 0.3% MoM.The University of …

A spokesperson for Prime Minister Rishi Sunak’s government said Biden’s executive order gave important clarity on the U.S. approach: “The UK will consider these new measures closely as we continue to assess potential national security risks attached to some investments.” The American dollar strengthened on Thursday, supported by higher US …

More traders are expected to purchase Bitcoin at steep discounts as they wait for forward-looking macroeconomic data to indicate a recovery in the cryptocurrency’s price since social volume for Bitcoin has increased over the past 30 days. High inflation rates in a nation increase the value of its currency, whereas …

GBP/USD reached a weekly high of 1.2818, but dropped below 1.2700. US CPI remains above 3%, Core CPI remains 4%. UK GDP figures for Q2 release, US inflation data, reacted upwards.US Treasury bond yields soared, leading to a comeback in the US Dollar (USD) at 1.2687. The GBP/USD pair reached …

Gold extended its gains early on the day but the precious metal is trimming some of those after the US dollar recovers some ground as US Treasury bond yields advance. The latest inflation report for July in the US showed the CPI jumping by 3.2% YoY, below estimates and exceeded …