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USD/CHF Price Forecast: Trendline break puts 50-day SMA in focus

The USD/CHF retraced on Tuesday, down 0.16%, as the US Dollar weakened amid improved risk appetite, driven by renewed hopes of a US-Israel peace deal to open the Strait of Hormuz. The pair trades belo ...

SpaceX delivers stronger than expected results, but the share price tumbles

SpaceX’s results are out, and the headlines are compelling: a 92% increase in revenue in Q2 compared to a year earlier. Revenues were $7.81bn, beating estimates of $6.93bn. The company posted a net lo ...

Chinese Yuan: Strengthening toward 6.7300 against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang sees USD/CNH trading slightly higher within a developing range, with intraday levels expected between 6.7500 and 6.7620. On a 1–3 week horizon, the pair cou ...

Advanced Micro Devices sinks afterhours as earnings offer slight beat

Advanced Micro Devices (AMD) stock sank over 8% afterhours on Tuesday despite the chipmaker reporting a slight beat on earnings.

SpaceX beats in first earnings release, doubles Starlink customers

SpaceX (SPCX) reported a beat in its first earnings release as a public company on Tuesday. The rocket, communications and AI company delivered GAAP earnings per share (EPS) of $-0.09 on revenue of $7 ...

South Korea FX Reserves up to 427.95B in July from previous 427.36B

United States API Weekly Crude Oil Stock above expectations (-2M) in July 31: Actual (2.69M)

Nothing Britain does moves the Pound against the Dollar

The Pound trades near 1.3450 against the Dollar on Tuesday, higher by 0.11% inside a session range of 36 pips, the second sub-40-pip day cable has produced inside a week.

Forex Today: Oil extends collapse on Hormuz reopening reports, Silver surges

Oil prices extended their slide on Tuesday after reports that an announcement on the reopening of the Strait of Hormuz could come within hours.

Singapore Dollar: Gains risk watched below 1.2790 against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang notes USD/SGD’s recent downside bias has faded after a dip to 1.2790 and recovery to 1.2827.

What is the PCE and why is it the Fed's favorite inflation gauge?

When we talk about inflation, we usually focus on the Consumer Price Index (CPI). However, the Federal Reserve’s “preferred” inflation measure is the Personal Consumption Expenditure (PCE) index. What ...

Mexican Peso rallies to a one-month high on Hormuz deal speculation

The Mexican Peso surges to a one-month high on Tuesday as talks between the US and Iran could reopen the Strait of Hormuz, easing global inflationary pressures by freeing ship traffic. At the time of ...