US Dollar Holds Steady Amid Global Investor Confidence, Decent Data
The US dollar is holding steady on Tuesday as investor confidence and decent economic data supported the greenback. The currency has traded sideways over the…
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Wheat Futures Retreat From Two-Month High on Profit-Taking
Wheat futures are retreating from their two-month high on Tuesday as investors are ostensibly taking some early profits. The agricultural commodity had been climbing on…
Gold Retakes $1,800 Amid Rally in Broader Financial Markets
Gold futures are recording modest gains to kick off the trading week as the yellow metal joins the rally in the broader financial markets. Gold…
USD/TRY Hits New Low As Erdogan Threatens Expulsion of US Diplomats
The Turkish lira hit another fresh record low against the US dollar to kick off the trading week. The lira had been hammered again after…
Gold Surges on Inflation Fears, Capped by Powell’s ‘Time To Taper’ Remarks
Gold futures are testing $1,800 and are on track for their best weekly gain since August. The yellow metal is surging on a weaker US…
Turkish Lira Hits Fresh Record Low After Ankara Slashes Interest Rates
The Turkish lira is continuing its downward descent against the US dollar and the euro, with the currency pairs trading close to fresh record lows….
Natural Gas Futures Fall on Large US Supply Build
Natural gas futures tumbled on Thursday after the US government reported a larger-than-expected domestic supply withdrawal on Thursday. Natural gas prices have weakened by double…
USD/CAD Holds Steady As Initial Jobless Claims Fall to Fresh Pandemic Low
The US dollar is holding steady on Thursday after the US government reported a fresh pandemic-era low in initial jobless claims as jobless benefits fade…