Forexlive Americas FX news wrap: Gold hits an all time high above $2500
US August prelim UMich consumer sentiment 67.8 vs 66.9 expected US July housing starts 1.238M vs 1.330M expected China issues…
Category: Forex News
US stock markets close with gains again. Best week since October 2023
US stock markets started lower today but found a footing early and slowly climbed the hill. Overall volatility was lower…
HSBC: What’s next for GBP after its resilience year-to-date?
HSBC analyzes the factors behind GBP’s strong performance in 2024 and discusses the potential challenges ahead. While the currency has…
Euro set for a weekly close above 1.10 for the first time since January
The recent rally in the euro hasn’t gotten much attention because there isn’t a great fundamental backing behind it. Europe’s…
Atlanta Fed GDPNow Q3 estimate +2.0% vs +2.4% prior
We started the week at 2.9% and finish at 2.0%. I would be worried about that if we were anywhere…
Israeli intel believes Iran response will take place at later date — report
Israeli intelligence now assesses that Hezbollah and Iran have lowered the level of alertness in their rocket and missile units…
European equity close: Four days in a row of gains to cap off a weekly rebound
On the day: Stoxx 600 +0.3% German DAX +0.8% Francis CAC +0.4% UK’s FTSE 100 -0.4% Spain’s Ibex +0.6% Italy’s…
China issues new gold import quotas after pause — report
The rally in gold earlier today may have been underpinned by the issue of new gold import quotas to Chinese…
Gold hits an all-time high
It could be a big day for gold as it nears the July record high of $2483. It just crossed…
Join me on Monday for a webinar on how to dodge 7 common trading traps
I’m hosting a special free webinar on Monday at 9 am ET (1300 GMT) on ‘7 Common Trading Traps and…