The US dollar (USD) advances slightly in general this morning, adding to the modest profits seen on Monday while recovering from the strong losses caused by Friday’s employment data. We should not overvalue a single database, but the NFP report showed a net downward review of 258k in two months – the largest in recent […]
The price of gold in euros goes back after reaching new maximums of two weeks about € 2,925
He Price of gold in euros yields land after three consecutive days of profitsclosing Monday around € 2,915, with a 0.52% rise in the day. This Tuesday, the ounce of gold in euros has reached a maximum of thirteen days in € 2,924.94 during the Asian session, but in the last hour it has fallen […]
The USD/JPY is abruptly recovers about 147.70 while the Japanese yen gives land
The USD/JPY wins as the Japanese yen weakens despite the growing hard line bets The minutes of the BOJ meeting showed that the officials are sure to even more harden the monetary policy by the end of the year. The Fed is almost sure of cutting interest rates next month. The USD/JPY pair is 0.35% […]
OPEC+ significantly increase oil production in September – Commerzbank
The eight OPEC+ countries with voluntary production cuts decided on Sunday, as expected, increase the volume of production agreed in September in 547,000 barrels per day, says Commerzbank raw material analyst Carsten Fritsch. Increasing production at the expense of Russia can endanger OPEC+ “As in previous months, the press release referred to a stable economic […]
Oil prices are under pressure after the weak US data – Commerzbank
Oil prices fell another 2% yesterday after having fallen significantly on Friday. The Brent negotiated only $ 68 per barrel at some times. That is about $ 4 less than last Thursday, says Commerzbank raw material analyst Carsten Fritsch. Petroleum prices are likely to rise again “The decision of the eight OPEC+ countries to increase […]
AUD/USD falls slightly while the US dollar is stable before the US services PMI.
The Aud/USD goes back as the US dollar gains ground, while its perspective remains uncertain. The Fed is likely to cut interest rates at the September meeting. Investors expect the US PMI data for the US services for July. The AUD/USD PAIR drops to about 0.6450 during the European negotiation session on Tuesday. The Australian […]
Trump’s poison pill on Swiss national day – Commerzbank
Market participants with ties to Switzerland were probably not very pleased when the US administration announced new tariffs for a large number of countries at the end of last week: together with Brazil, which will now have to pay significantly higher tariffs for political reasons, Switzerland is the only country that faces significant tariff increases […]
Japan Bank Proceedings reveal a low bar for types of types in the face of the commercial agreement – BBH
The Japanese Yen (JPY) and the JGB ignored the minutes of the monetary policy meeting of the Japan Bank of June 16-17, BBH FX analysts report. Boj’s minutes suggest a limited bullish potential of the JPY despite the wares of rates “At that meeting, the BOJ unanimously decided to maintain the policy rate by 0.50% […]
USD: The feeling of appetite for the risk and data of the USA
The US dollar (USD) is around at the upper end of the range established from the minimum after NFP on Friday. US actions are advancing and dragging global rising rental markets. The expectations of a more lax policy of the Fed and global resilient economic activity are feeding the recovery of the stock market. This […]
Silver price today: La Plata goes up, according to FXSTERET data
Silver prices (XAG/USD) uploaded on Tuesday, according to FXSTERET data. La Plata is quoted at $ 37.47 per ounce Troy, an increase of 0.13% from the $ 37.43 that cost Monday. Silver prices have increased by 29.69% since the beginning of the year. Unit of measure Silver price today in USD Troy ounce 37.47 1 […]