The price of gold is maintained below a maximum of one week in the middle of mixed fundamental signals. A modest strength of the USD and a positive risk tone limit the safety refuge raw material. The increase in the betting bets of Fed rates in September should act as a tail wind for the […]
Joshua
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
GBP/USD remains above 1,3250 while investors prepare for the publication of the US ISM services PMI.
The GBP/USD remains stable around 1,3280 in the Asian session on Tuesday. Operators are now valuing a 94% possibility of a rate reduction by the Fed in September. The BOE is expected to announce its monetary policy decision on Thursday. The GBP/USD pair operates in a flat tone about 1,3280 during the Asian negotiation hours […]
EUR/USD drops to about 1,1550 waiting for the PMI HCOB data of the Eurozone and Germany
The EUR/USD faces challenges as the US dollar can be seen in a greater risk aversion. The operators expect the HCOB PMI data of the Eurozone and Germany that will be published later on Tuesday. The CME Fedwatch tool indicates that the markets are valuing a 91.6% probability of a Fed rate cut next month. […]
SILVER PRICE ANALYSIS: The XAG/USD is stabilized about $ 37.50
The price of silver can attract purchase interest amid the growing expectations of a feat cut of the US Federal Reserve in September. The CME Fedwatch tool indicates that the markets are valuing in 91.6% the probability that the Federal Reserve cut the interest rates next month. The president of the Fed of San Francisco, […]
The Japanese yen returns intradic earnings; USD/JPY recovers zone 147.00 in the middle of a modest rebound of the USD
The Japanese yen struggles to capitalize on the modest profits of the Asian session against the USD in rebound. The minutes of the June meeting of the BOJ, Hawkish tone, reaffirmed the bets for a rise in rates and should limit the fall of the JPY. The growing bets for a Fed feat cut in […]
The Australian dollar remains moderate despite the strong PMI of China services
The Australian dollar is still under pressure despite the best data of the PMI of S&P in the country. The Caixin Services PMI of China rose to 52.6 in July, compared to the expected 50.2. The resignation of the governor of the Fed, Adriana Kugler, has given Trump an anticipated opportunity to influence the direction […]
NZD/USD remains weak about 0.5900 despite the good data of the PMI of China Services
The NZD/USD weakens around 0.5900 in the Asian session on Tuesday. The PMI of Caixin services in China unexpectedly jumped to 52.6 in July, stronger than expected. The US ISM Services PMI for July will be at the Care Center later on Tuesday. The NZD/USD pair operates in negative territory about 0.5900 during the Asian […]
The PMI of Caixin Services of China unexpectedly jumps 52.6 in July compared to 50.2 expected
The Purchase Managers Index (PMI) of China’s services unexpectedly jumped to 52.6 in July from 50.6 in June, according to the latest data published by Caixin on Tuesday. The market foreshadowed A 50.2 fact in the reported period. Aud/USD reaction to China Services PMI The Chinese proxy, the Australian dollar (Aud), ignores the encouraging data, […]
DXY dollar index weakens below 99.00, US ISM Services PMI data
The US dollar index weakens about 98.70 during the early Asian session on Tuesday. The weakest US employment data and the renewed concerns about the independence of the Fed weigh on the DXY. The US ISM Services PMI report will be the culminating point later on Tuesday. The US dollar index (DXY), an index of […]
The PBOC sets the reference type of the USD/CNY in 7,1366 compared to 7,1395 above
The Popular Bank of China (PBOC) established the USD/CNY central rate for the negotiation session on Tuesday at 7,1366 compared to the FIX of the previous day of 7,1395 and the estimate of 7,1667 of Reuters. PBOC – Frequently Questions What does the Popular Bank of China do? The main monetary policy objectives of the […]
