0.0 00 On Friday, the euro currency ticked higher on weak monthly U.S. labor data. However, the benchmark EUR/USD currency exchange rate was not able to fully take advantage of a broadly weaker U.S. dollar and …
Read More »Dollar Looks Cautious ahead of Key Monthly Jobs Data
0.0 00 The U.S. dollar is trading cautiously against the Canadian currency as we head into Friday. The USD/CAD Forex market is trading in a narrow trade range ahead of key labor numbers being published out …
Read More »British Pound Recovery appears to Lose Steam
0.0 00 The British pound is consolidating a recent recovery from a weekly low price point against the U.S. dollar. The benchmark GBP/USD currency exchange is looking to probably challenge the upside barrier lining up at …
Read More »Crude Oil Pushes towards $80 per Barrel
0.0 00 The U.S. West Texas Intermediate (WTI) crude oil futures contract continues to push higher toward $80 per barrel. The WTI contract is currently pushing above $78.69 per barrel as higher heating oil and gasoline …
Read More »Dollar continues its Weakness vs the Franc
0.0 00 The U.S. dollar continues to lose ground against the Swiss franc. The benchmark USD/CHF currency exchange rate has been inching lower since challenging the five month high price point at 0.9230 on Monday. Now …
Read More »Euro Currency looks Sluggish against the Yen
0.0 00 The sentiment linked euro currency opened Tuesday against the safe haven Japanese yen on a lower foot. The EUR/JPY currency exchange rate fell lower during the Asian trade session and now appears to be …
Read More »Gold falls as the US Dollar Strengthens
0.0 00 A stronger U.S. dollar has sent the spot gold futures contract lower. The yellow metal is trading well below the key fifty, one hundred and two hundred (50, 100, 200) day simple moving averages …
Read More »British Pound Remains under Selling Pressure
0.0 00 The British pound has been crushed by the U.S. dollar. The GBP/USD currency exchange rate has fallen out of a long term trade range, towards the downside. The so called death cross chart pattern …
Read More »Euro Consolidates Losses around 1.5070 before Data
0.0 00 The euro currency continues to look weak against the U.S. dollar. As we head into Friday’s trade session, the benchmark EUR/USD currency exchange rate is consolidating losses around 1.5070. Price action is also below …
Read More »British Economy sees Solid Expansion in Second Quarter
0.0 00 The British economy grew better than expected. Their gross domestic product (GDP) expanded despite a national coronavirus pandemic (Covid-19) lockdown and ongoing supply disruptions. The United Kingdom is also seeing a shortage of truck …
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