Forex Signal Bullish

Forex Signal

The dollar held steady on Friday as investors awaited a key U.S. jobs report and weighed the prospect of higher-for-longer Federal Reserve interest rates against the economic growth outlook.

The dollar held steady on Friday as investors awaited a key U.S. jobs report and weighed the prospect of higher-for-longer Federal Reserve interest rates against the economic growth outlook.

The dollar held steady on Friday as investors awaited a key U.S. jobs report and weighed the prospect of higher-for-longer Federal Reserve interest rates against the economic growth outlook. The closely watched nonfarm payrolls report is due later on Friday, where expectations are for the U.S. economy to have added 225,000 jobs in June. The …

The dollar held steady on Friday as investors awaited a key U.S. jobs report and weighed the prospect of higher-for-longer Federal Reserve interest rates against the economic growth outlook. Read More »

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Gold Price Swings Between Gains and Losses Ahead of July 4th Holiday

Gold prices swung between gains and losses on Monday as traders remained on the sidelines ahead of the July 4th holiday. The cautious mood prevailed as investors weighed the U.S. Federal Reserve’s (Fed) rate hike prospects for this year, especially after the top-tier U.S. ISM manufacturing PMI data unexpectedly showed that the manufacturing sector contraction …

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Forexsignalbullish

U.S. stock futures rise after latest inflation data

U.S. equity index futures rose on Friday morning after the release of the latest inflation data. The May core PCE price index, which is the Federal Reserve’s preferred inflation measure, rose 0.3% month-over-month, in line with expectations. However, the core PCE price index rose 4.7% year-over-year, below the consensus forecast of 4.8%. The weaker-than-expected inflation …

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U.S. stocks mixed as rate hike worries linger, Russia tension simmers

U.S. stocks mixed as rate hike worries linger, Russia tension simmers Wall Street was mixed on Monday, with the Nasdaq Composite Index rising slightly while the Dow Jones Industrial Average fell. Investors were concerned about the path of interest rate hikes by the U.S. Federal Reserve, as well as the ongoing political instability in Russia. …

U.S. stocks mixed as rate hike worries linger, Russia tension simmers Read More »

Dollar Weakens as Powell’s Testimony Fails to Impress

Dollar Weakens as Powell’s Testimony Fails to Impress The dollar weakened on Thursday after Federal Reserve Chair Jerome Powell’s semi-annual testimony to Congress failed to provide any new insights into the central bank’s monetary policy plans. In his testimony, Powell reiterated that the Fed is committed to bringing inflation back to its 2% target. However, …

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Gold Falls to 3-Month Low as Central Banks Signal More Tightening

Gold Falls to 3-Month Low as Central Banks Signal More Tightening Gold prices fell to a three-month low on Wednesday as investors sold the metal on expectations of more aggressive monetary tightening by central banks around the world. The Federal Reserve, the European Central Bank, and the Bank of England have all signaled that they …

Gold Falls to 3-Month Low as Central Banks Signal More Tightening Read More »