Forex Market

European equities advanced on Friday, with the pan-European STOXX 600 climbing 0.2% by 07:17 GMT, buoyed by strength in miners and chemical stocks. The index is trading near its highest level in almost five months, supported by a largely upbeat corporate earnings season. Geopolitical Focus: U.S.-Russia TalksInvestors are also watching …

Gold prices in Asian trade on Friday inched higher, though they were set for a weekly decline, as investors weighed reduced expectations for a significant Federal Reserve rate cut against geopolitical developments, including U.S.-Russia talks scheduled later in the day. Spot gold rose 0.3% to $3,344.88 an ounce, while December …

China’s industrial production and retail sales for July fell short of market expectations, highlighting ongoing weaknesses in both domestic consumption and export demand, according to official data released Friday. Industrial Production SlowsIndustrial output grew 5.7% year-on-year in July, missing expectations of 6% and down from 6.8% in June. The slowdown …

The EUR/USD pair tumbled 0.57% to 1.1638 on Thursday, driven by a surprisingly robust US inflation report that crushed expectations for a substantial Federal Reserve (Fed) rate cut in September. The sharp decline followed stronger-than-expected US Producer Price Index (PPI) data, which reignited inflationary concerns and bolstered the US Dollar.The …

Gold prices plummeted on Thursday, August 14, 2025, after robust US Producer Price Index (PPI) data for July revealed persistent inflationary pressures, boosting the US Dollar and dimming hopes for a Federal Reserve rate cut. The US Bureau of Labor Statistics reported a 0.9% month-over-month PPI surge, the largest since …

The US Dollar (USD) gained momentum on Thursday, buoyed by stronger-than-anticipated US producer price data and a solid weekly labor market report. While trade tensions have eased slightly, investors remain cautious ahead of a high-profile US-Russia summit scheduled for Friday.Key Events to Watch on Friday, August 15The US Dollar Index …

The USD/JPY currency pair rebounded sharply from a three-week low on Thursday, gaining over 150 pips after strong US economic data bolstered the US Dollar. The pair, which earlier dipped to around 146.22, surged to approximately 147.90 by the close of the American session, marking a 0.35% increase. This rally …

President Donald Trump’s repeated demands for a September interest rate cut have hit a significant roadblock following the release of new data showing a sharp rise in July’s producer prices. The latest Producer Price Index (PPI) report, which measures the average change over time in the selling prices received by …

Silver (XAG/USD) saw its recent rebound stall, slipping to the $38.00 mark on Thursday as a resurgent US Dollar weighed on the precious metal. The decline follows the release of unexpectedly strong US economic data, which has led traders to reassess the likelihood of near-term interest rate cuts by the …

In July, US wholesale prices soared by 3.3% compared to the previous year, marking the largest increase since February and signaling that tariffs are increasingly impacting the American economy. The Producer Price Index (PPI), which tracks the prices domestic producers charge for goods and services, surged past June’s 2.4% annual …