Upward Revision to Q2 GDP Aids the US Dollar’s Feable Recovery

The second estimate of US GDP growth in Q2 saw an upward revision from 2.5% to 3%. However, US resilience has come under pressure, particularly in the labour market of late


https://www.dailyfx.com/news/upward-revision-to-q2-gdp-aids-the-us-dollar-s-vulnerable-recovery-20240829.html?utm_source=dlvr.it&utm_medium=blogger

Gold (XAU/USD) and Silver (XAG/USD) Drift as US Dollar Pares Recent Losses

Gold and silver have come off their recent highs as the US dollar nudges higher ahead of the US open. Nvidia results after the US market closes will be key for risk sentiment.


https://www.dailyfx.com/news/gold-xau-usd-and-silver-xag-usd-drift-as-us-dollar-pares-recent-losses-20240828.html?utm_source=dlvr.it&utm_medium=blogger

Libya Outages and Middle East Tensions Spark Supply Concerns. WTI Nears key $77.40 Resistance

WTI crude nears pivotal $77.40 level and Brent crude shies away from confluence resistance. External factors continue to influence recent moves as Middle East threat eases


https://www.dailyfx.com/news/libya-outages-and-middle-east-tensions-spark-supply-concerns-wti-nears-key-77-40-resistance-20240827.html?utm_source=dlvr.it&utm_medium=blogger

Japanese CPI and Ueda’s Comments Prop up the Yen Ahead of Powell’s Address

Japanese inflation provided a slight surprise to the upside, helping the yen gain some ground on the dollar. Markets, however, look to Jerome Powell’s speech later today


https://www.dailyfx.com/news/japanese-cpi-and-ueda-s-comments-prop-up-the-yen-ahead-of-powell-s-address-20240823.html?utm_source=dlvr.it&utm_medium=blogger

EUR/USD Underpinned by Better-Than-Expected Euro Area PMIs, Weak US Dollar

Today’s forecast beating Euro Area flash PMIs is underpinning the recent EUR/USD rally as Friday’s speech by Fed chair Jerome Powell nears.


https://www.dailyfx.com/news/eur-usd-underpinned-by-better-than-expected-euro-area-pmis-weak-us-dollar-20240822.html?utm_source=dlvr.it&utm_medium=blogger

EUR/USD and GBP/USD Rallies Fuelled by Ongoing US Dollar Weakness

The UD dollar continues to weaken ahead of today’s FOMC minutes and Fed chair Jerome Powell’s Jackson Hole appearance on Friday


https://www.dailyfx.com/news/eur-usd-and-gbp-usd-rallies-fuelled-by-ongoing-us-dollar-weakness-20240821.html?utm_source=dlvr.it&utm_medium=blogger

Strong Yen Weighed on Japan’s Trade Balance in July, Fed Speakers up Next

The significant strengthening of the yen added to Japan’s trading deficit in July but economists and the market as a whole still expect another rate hike in December


https://www.dailyfx.com/news/strong-yen-weighed-on-japan-s-trade-balance-in-july-fed-speakers-up-next-20240821.html?utm_source=dlvr.it&utm_medium=blogger

US Dollar Remains Weak Ahead of Jackson Hole, USD/JPY and Gold Latest

The US dollar is trading at levels last seen eight months ago as traders wait for Fed chair Jerome Powell’s Jackson Hole speech later this week.


https://www.dailyfx.com/news/us-dollar-remains-weak-ahead-of-jackson-hole-usd-jpy-and-gold-latest-20240819.html?utm_source=dlvr.it&utm_medium=blogger

​​​Nvidia's Q2 Earnings Preview: The Fight to Stay on Top​​​

​​​What to look out for regarding Nvidia's Q2 earnings result on 28 August 2024.​​


https://www.dailyfx.com/news/nvidia-s-q2-earnings-preview-the-fight-to-stay-on-top-20240816.html?utm_source=dlvr.it&utm_medium=blogger

Gold (XAU/USD) – Repeated Attempts at a Fresh All-Time High, US Retail Sales Weigh

Gold continues to test, and reject, its previous all-time high at $2,485/oz. and a break higher is being pared by a strong US retail sales report


https://www.dailyfx.com/news/gold-xau-usd-repeated-attempts-at-a-fresh-all-time-high-us-retail-sales-weigh-20240815.html?utm_source=dlvr.it&utm_medium=blogger

UK Growth Continues to Show Signs of Recovery Despite Stagnant June Print

UK growth has been trending in the right direction even before the Bank of England voted to lower rates earlier this month. GBP/USD partially recovers from the July selloff


https://www.dailyfx.com/news/uk-growth-continues-to-show-signs-of-recovery-despite-stagnant-june-print-20240815.html?utm_source=dlvr.it&utm_medium=blogger

US CPI Steadies Around Estimates – USD and Treasuries Rise

The disinflationary process continues to make minor gains in the US as inflation data for July printed as expected for most measures. Dollar and treasuries rose, SPX futures oscillated


https://www.dailyfx.com/news/us-cpi-steadies-around-estimates-usd-and-treasuries-rise-20240814.html?utm_source=dlvr.it&utm_medium=blogger

UK Headline Inflation Rises by Less Than Expected, GBP/USD Now Eyes US CPI

UK headline inflation rose from 2% in June to 2.2% in July, mainly driven by prices of gas and electricity falling by less than last year, according to the Office for National Statistics.


https://www.dailyfx.com/news/uk-headline-inflation-rises-by-less-than-expected-gbp-usd-now-eyes-us-cpi-20240814.html?utm_source=dlvr.it&utm_medium=blogger