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Some losses for the Dollar after the Fed holds and GDP lower

The US dollar generally declined somewhat in many of its pairs on 29 and 30 July after the Federal Reserve (Fed) held rates as expected and advance GDP for the second quarter was somewhat weaker than ...

Turkey Producer Price Index (YoY) fell from previous 28.09% to 27.83% in July

Turkey Consumer Price Index (MoM) came in at 1.78%, below expectations (1.83%) in July

Turkey Producer Price Index (MoM) fell from previous 1.8% to 1.52% in July

Turkey Consumer Price Index (YoY) below forecasts (31.8%) in July: Actual (31.75%)

Austria Unemployment Rate remains unchanged at 6.9% in July

Austria Unemployment up to 298.9K in July from previous 295.5K

Forex Today: Mood improves as US and Iran renew push for diplomatic solution

Here is what you need to know on Monday, August 3:

AI optimism faces fresh test as markets reassess technology leaders

The Nasdaq 100 (USTEC) rebounded after a volatile trading session as investors reassessed the outlook for artificial intelligence (AI) following another round of major technology earnings.

Japanese Yen: Joint intervention signals potential turning point – MUFG

MUFG’s Michael Wan highlights that the Japanese Yen (JPY) has strengthened sharply, with USD/JPY dropping from around 164 after suspected intervention by Japan’s Ministry of Finance (MoF) and confirme ...

Canadian Dollar weakens on falling oil prices amid US-Iran talk hopes

The USD/CAD pair gathers strength to near 1.4030 during the early European session on Monday. A fall in crude oil prices weighs on the commodity-linked Canadian Dollar (CAD) against the US Dollar (USD ...

Oil: Prices slide on halted strikes – Commerzbank

Commerzbank’s FX Research team reports that Brent Oil opened over 7% lower under USD84 into the Asian session after President Trump said the US would hold off on new strikes against Iran.