Saturday, May 18, 2024
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Euro looks neutral ahead of ECB and US inflation data

The central bank is widely expected to leave the current stance of its monetary policy unchanged  The euro turned positive on Wednesday following modest losses witnessed yesterday as the...

Gold struggles in a range as dollar recovers

The focus shifts to the US CPI due on Thursday Gold prices turned marginally negative on Tuesday as the dollar regains ground nearly across the board. Risk sentiment looks...

Dollar could receive a fresh boost from inflation data

If the results exceed expectations, the US currency could stage a rally The dollar came under pressure on Friday after a US government report showed the economy created 559,000...

Stocks muted, dollar elevated ahead of jobs report

EURUSD dipped to the 1.2100 area for the first time since mid-May Global stocks are mostly lower on Friday while the dollar holds steady following yesterday’s rally witnessed amid...

Oil prices rally to two-year highs

There is a risk of a downside correction from the current levels as traders could proceed to profit-taking ahead of Friday’s jobs data Oil prices extended gains to May...

Euro keeps retreating as the dollar regains ground

It looks like the downside pressure surrounding the euro would be limited, with the overall trend remaining bullish for the time being The euro edged lower from local peaks...

Dollar struggles at multi-day lows

If buyers fail to regain the 90.50 area in the near term, the USD index could be exposed to a deeper retracement While European equities surged to all-time highs...

Gold clings to highs, looks set for further gains

The metal posted the fourth consecutive week in a row on Friday Gold prices look steady around $1,900 on Monday, slightly off January highs seen around $1,912 last week....

Bitcoin keeps struggling below $40,000

In the short-term, the prices need to hold above $35,000 in order to avoid deeper losses Bitcoin price was once again rejected from the 200-DMA to finish marginally lower...

Dollar struggles to preserve gains, back under pressure

EURUSD slipped from recent peaks above 1.2260 to get back under the 1.2200 figure Following yesterday’s gains, the dollar came back under the selling pressure on Thursday despite risk...