Jun

High Risk Warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before…

The week is coming to an end, as the US dollar is the strongest among the major currencies. The Japanese yen is the weakest. The dollar's gains today were supported by stronger-than-expected Purchasing Managers' Index (PMI)…

The US jobs report came out stronger, but again there were some ambiguous/less strong elements.Nonfarm Payrolls rose 272K versus estimates of 185K. Private salaries increased by 229,000 compared to 170,000 according to estimatesAverage…

Core PCE prices in the US (excluding food and fuel costs) for May increased by 0.3% as expected but the yearly level was mostly lower at 4.6% versus 4.7% last month and expected. The personal consumption expenditures price index decreased…

The US dollar rose on Thursday, supported by a slight rise in US Treasury yields. This came even though the first-quarter current account deficit came in wider than expected, and jobless claims topped 260,000 for the third straight week…

Forex news from the European morning session on June 19, 2023 || Boring US holiday markets stall Ryan Pacey Monday, 06/19/2023 | 12:20 GMT - 0…

We have another round of central bank decisions, as well as a fresh set of PMI readings before the end of the week. What can traders expect from the BoE and SNB monetary policy data? Before all of that, I wrote ICYMI A quick recap of…

This week, the US dollar was tracked within a range of 103.290-104.400 in the DXY index. This index (highly weighted to the Euro) is down for the week by -0.49%. The decline was initially triggered this week by the US ISM Services data…