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Qatar and Kuwait Restore 70% of Pre-War Oil Exports Through Hormuz
Qatar and Kuwait have managed to boost their crude oil exports from the Strait of Hormuz to 70% of p...
Australian Dollar remains firm on firm RBA interest rate hike prospects
The Australian Dollar (AUD) is up 0.1% at around 0.7180 against the US Dollar (USD) during the Europ...
Euro retreats below 1.1650 as inflation data buoys US Dollar ahead of Jackson Hole
The Euro (EUR) heads lower for the second consecutive day on Thursday, with the US Dollar (USD) sup...
AUD/USD Price Forecast: Rebounds toward 0.7250 near four-year highs
AUD/USD pares its recent losses from the previous day, trading around 0.7220 during the Asian hours on Friday. The technical analysis of the daily chart indicates that the pair is moving upwards withi ...
DXY: NFP-driven upside likely measured – MUFG
MUFG’s Lloyd Chan expects today’s US nonfarm payrolls to pose upside risks for the US Dollar (USD), with labour indicators hinting at a stronger April print.
EUR/GBP holds losses near 0.8650 after weaker German Industrial Production data
The EUR/GBP cross holds losses around 0.8650 during the early European session on Friday. The Euro (EUR) softens against the Pound Sterling (GBP) on the downbeat German economic data.
Pound Sterling Price News and Forecast: GBP/USD trades with mild gains near 1.3560
The GBP/USD pair posts modest gains around 1.3560 during the Asian trading hours on Friday. Hopes for a peace deal to end the Middle East conflict weaken the US Dollar (USD) as a safe-haven asset. The ...
US Dollar Index (DXY) steadies above 98.00 as Iran’s ceasefire wobbles
The US Dollar (USD) pares losses against its main peers on Friday, as hopes for a swift end to the war in Iran fade again, following an exchange of fire in the Strait of Hormuz.
Ready Capital (RC) reports Q1 loss, misses revenue estimates
Ready Capital (RC - Free Report) came out with a quarterly loss of $0.33 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to break-even earnings per share a year ago. Th ...
Silver Price Forecast: XAG/USD jumps to near $80.50 ahead of US NFP data
Silver price (XAG/USD) is up 2.6% to near $80.50 during the early European trading session on Friday.
Germany Industrial Production n.s.a. w.d.a. (YoY) down to -2.8% in March from previous 0%
Germany Industrial Production n.s.a. w.d.a. (YoY) down to -2.8% in March from previous 0%
South Africa Net $Gold & Forex Reserve up to $73.757B in April from previous $73.187B
South Africa Net $Gold & Forex Reserve up to $73.757B in April from previous $73.187B
German Industrial Production falls 0.7% MoM in March vs. 0.5% expected
Germany’s industrial sector activity fell sharply in March, the latest data published by Destatis showed on Friday.
United Kingdom Halifax House Prices (MoM) meets forecasts (-0.1%) in April
United Kingdom Halifax House Prices (MoM) meets forecasts (-0.1%) in April
South Africa Gross $Gold & Forex Reserve fell from previous $77.759B to $77.09B in April
South Africa Gross $Gold & Forex Reserve fell from previous $77.759B to $77.09B in April