EURUSD hits new 2025 highs as expectations for dovish Fed continue to fuel demand
EURUSD continues to benefit from weakening dollar and accelerated gains on Tuesday, to hit new 2025 highs, after showing a minor and short-lived negative reaction to upbeat US economic data today (retail sales and industrial production).…
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Gold hits new record high on weaker dollar / Fed rate cut expectation
Gold rose to new record highs in late Monday / early Tuesday trading, as bulls regained traction after a narrow consolidation in past four days.
Fresh weakness of US dollar ahead of Wednesday’s Fed rate decision, in which the central…
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AUDUSD – bulls hold grip, Fed expected to provide fresh positive signal
AUDUSD keeps firm tone and trades just under new 2025 high (0.6668) on Monday, in attempts to extend last week’s 1.4% advance (the biggest weekly gain since the third week of June).
Aussie dollar enjoyed strong support from weaker US…
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UK economic growth slowed in July
Britain's economic growth was flat in July, following a sharp drop in factory output. This matched expectations for a slower start to the second half of 2025 but was still disappointing for the government ahead of November's budget.…
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Gold – bulls take a breather under new record high ahead of key US inflation data
Gold price holds within a narrow consolidation under new record high on Thursday and reduced pace ahead of release of US inflation report.
Economists expect US consumer prices to rise further in August, mainly to be lifted by import…
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US producer prices unexpectedly fall in August
US Producer Price Index contracted by 0.1% in August after growing by 0.7% previous month (downwardly revised from 0.9%) and fell below consensus for 0.3% rise.
Annualized PPI grew by 2.6% last month, well below 3.3% forecast and July’s…
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USDJPY – recovery attacks key barriers, bear-trap underpins the action
USDJPY regained traction on Wednesday, after spiking to the lowest in nearly one month on Tuesday.
Strong downside rejection formed a bear trap pattern (under daily cloud base), as well as Hammer candle (Tuesday), adding to developing…
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EURUSD – larger bulls remain in play ahead of key economic events
EURUSD extended pullback on early Wednesday, following nearly 0.5% drop on Tuesday, but fresh bears were so far limited despite initial negative signal on formation of bearish engulfing pattern on daily chart.
Initial Fibo support at…
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Gold extends rally into uncharted zone
Gold rose to new record high ($3659) in early Tuesday’s trading, after strong acceleration on Monday (up 1.5%) which resulted in break and close above psychological $3600 barrier.
The latest economic data from the US showed that labor…
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US job growth slowed further in August – NFP
US nonfarm payrolls strongly disappointed by adding only 22,000 jobs in August, compared to upwardly revised 79,000 previous month and falling well below expectations for 75,000 rise.
The same report showed rise in unemployment to 4.3%…
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