US Dollar Index dives to fresh two-week low
The US Dollar Index sees the previous day’s relief rally pared back in full on Friday. The House of Representatives has passed US President Trump’s spending bill. The US ...
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Gold price slips below $3,300 amid firm US Dollar after Trump budget vote
Bullion retreats from two-week high as US House passes debt-heavy budget.A strong US Dollar and firmer US S&P PMIs dent safe-haven appeal.Geopolitical risks with Iran ...
USD/INR strengthens on US Dollar bids from foreign banks
Indian Rupee extends the decline in Wednesday’s Asian session.A fall in local equities and ongoing US Dollar demand weigh on the INR. Traders brace for the Fed’s Barkin speech ...
Pound Sterling outperforms while BoE Pill warns caution on interest rate cuts
The Pound Sterling moves further up to near 1.3380 against the US Dollar as Moody’s downgraded the US sovereign debt and fresh concerns over US-China trade emerge.China ...
Australian Dollar weakens due to escalating political turmoil, RBA eyed
The Australian Dollar holds losses after People's Bank of China cut its one-year Loan Prime Rate to 3.00% from 3.10%.The Reserve Bank of Australia is expected to cut interest ...
USD/INR remains stronger as Indian Rupee struggles on strong importer demand
The Indian Rupee continues to weaken amid renewed USD demand from importers and persistent foreign fund outflows.USD/INR may face headwinds as the US Dollar comes under ...
Dow Jones finds fresh weekly highs as investor sentiment holds firm
The Dow Jones rose slightly on Friday, clipping into fresh weekly highs.Equity markets shrugged off a worse-than-expected print from the UoM Consumer Sentiment Index.Investors ...
Pound Sterling gains as UK GDP data beats estimates
The Pound Sterling gains against its major peers on Thursday after the release of better-than-expected UK GDP data.Manufacturing and Industrial Production declined at a faster ...
Gold dives to over one-month low, seems vulnerable near $3,150 area
Gold price continues losing ground on Thursday and is pressured by a combination of factors. The US-China trade optimism undermines the safe-haven bullion amid rising US bond ...
US Dollar softens as Gold slides below $3,200 on risk rebound
Gold drops to $3,182 amid China trade truce and fading safe-haven demand.DXY dips toward 100.60 as CPI miss renews rate cut speculation.Fed expected to hold rates steady ...
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