Euro is somewhat picking up bids on the second day heading into Friday’s European session. EUR/USD is encouraging bullish market sentiment and US dollar retreat as bulls. However, it should be noted that the US Federal Reserve (Fed) wishes the traders to study inflation data late on a monthly basis. Fears of the US Personal [...]
Pound picks up bids on the fourth consecutive positive day in Asia. Monetary policy meeting of the Bank of England (BOE) seems to impact the pound positively. The Bank of England is about to announce its latest decision on monetary policy on Thursday, June 24. This particular meeting will not include fresh macroeconomic projections, due [...]
The Japan Market see the pressure after the release of Japan factory activity data and BOJ Minutes. Japan's factory activity expanded at the slowest pace in four months in June, which is a sign momentum in the world's third-largest economy was levelling out before Tokyo is set to host the Olympic Games next month. Activity [...]
Gold price is trading up from yesterday as the U.S. traded on a corrective and short-covering rebound on Monday after dropping sharply last week and made hit of five-week low on Friday. The market sentiment continues to move indicating about inflation prospects after the previous week’s hawkish monetary policy tone from the Federal Reserve. Many [...]
