The EUR/CAD operates in a positive note around 1,5995 in the first bars of the European session on Friday. Trump threatened with 35% tariffs on Canadian products. Investors prepare for the June Canadian Employment Report, which will be published later on Friday. The EUR/CAD crossing advances to 1,5995 during the first hours of European negotiation […]
GBP/JPY moves below 199.00 while the GDP of the United Kingdom falls in front of the expected expansion
The GBP/JPY loses ground after the publication of softest economic data in the United Kingdom on Friday. The Gross Domestic Product (GDP) of the United Kingdom fell 0.1% in May, challenging market expectations of an expansion of 0.1%. The Japanese Yen is under pressure in the midst of growing commercial tensions that amplify the risks […]
EUR/GBP remains on positive terrain above 0.8600 while the United Kingdom economy contracts again in May
The EUR/GBP is strengthened to around 0.8615 in the first bars of the European session on Thursday. The GDP of the United Kingdom contracted an intermensual 0.1% in May, weaker than expected. Attention will focus on developments around tariff policy between the US and the EU. The EUR/GBP crossing in positive territory about 0.8615 during […]
Crude oil price today: WTI bearish in European opening
The price of oil West Texas Intermediate (WTI) falls on Friday, early in the European session. The WTI is quoted at $ 65.82 per barrel, below Thursday’s closure at $ 65.89.The Brent oil exchange rate (raw Brent) is also losing ground, quoting $ 68.27 after its previous daily closure at $ 68.29. WTI oil – […]
United Kingdom: GDP is reduced by 0.1% intermensual in May compared to +0.1% expected
The United Kingdom’s GDP fell an intermensual 0.1% in May, a negative surprise. GBP/USD falls below 1,3550 behind the economic data of the United Kingdom. The economy of the United Kingdom remained in contraction in May, with the Gross Domestic Product (GDP) falling 0.1%, after a 0.3% drop in April, according to the latest data […]
The USD/INR gains ground for a bullish dollar and uncertainty about the commercial agreement between the US and India
Indian rupee opens in a weak tone against the US dollar in the middle of a feeling of the discouraging market. The president of the USA, Trump, declared a higher general tariff of 15% -20% on nations that have not reached an agreement. The delay in the commercial agreement between the US and India has […]
PRICE OF THE PRICE OF THE EUR/JPY: MAINTAINS ALCISTA BIE ABOVE 171.50, RSI OVERCOMPRADO JUSTIFY CAUTION FOR THE ALCISTAS
The EUR/JPY gains strength around 171.65 in the first bars of the European session on Friday. The crossing maintains a constructive perspective above 100 days, but the RSI overcompra condition could limit its rise. The immediate resistance level is observed in 172.00; The initial support level is located in 170.00. The EUR/JPY crossroads gains land […]
USD/CHF rises to about 0.7980 in a bitter mood
The USD/CHF is marginally higher, but is maintained in a lateral lateral below 0.8000. The US president Trump considers increasing the general tariff for nations that failed to close an agreement during the 90 -day tariff pause period. The discouraging market feeling has improved the demand for safe refuge of the Swiss Franco. The USD/CHF […]
Price of gold in Saudi Arabia today: gold rises according to FXSTERET data
Gold prices rose in Saudi Arabia on Friday, according to data collected by FXSTERET. The price of gold stood at 401.60 Saudi riyal (SAR) per gram, an increase compared to the 400.83 SAR that cost Thursday. The price of gold increased to 4,684.13 SAR per Tola from 4,675.24 SAR per tola from the previous day. […]
Employment report in Canada: The unemployment rate is expected to rise slightly in June
The unemployment rate in Canada is expected to increase even more in June. Greater cooling in the labor market could favor additional rate cuts. The Canadian dollar remains out of 1,3600 against the US dollar. On Friday, Canada statistics will publish the results of the Canadian Labor Force survey. Market investors predict that the report […]