The USDCHF traded to its highest level since May 2025 last Wednesday, reaching 0.83944. However, buyers could not keep the momentum going. The next two trading days saw the price tumble to 0.82162, a decline of nearly 178 pips. Since Friday’s low, the selling has slowed, but the buyers have not exactly taken control either. […]
USDCHF consolidates after sharp fall. Traders wait for the next shove. Read More »
UK unemployment fell to 4.7% in the June to August quarter, below the 4.9% consensus, and sterling edged higher. The Office for National Statistics (ONS) published the figures at 7am BST today. GBP/USD traded at 1.3342 at 12:52 BST, up 0.25 per cent, or about 33 pips, on the previous close of 1.3309. EUR/GBP was
UK unemployment falls to 4.7%, Sterling edges higher Read More »
On Friday, amid a broader retreat in the US dollar index (DXY), gold (XAU/USD) tried to extend its recovery and drew investor attention. Nevertheless, the metal’s price action remains contained within the sideways trend that has formed during October. The US dollar index (DXY), a barometer of the greenback’s strength versus a basket of major
XAU/USD. Price Analysis. Forecast. Gold Holds Up as the Dollar Weakens Read More »
Seeing as to how the bond market is faring to end the week, you probably wouldn’t have guessed that we actually got hotter-than-expected inflation data from both the US CPI and PPI reports in the past few days. In fact, you might even think it was the opposite. Yet, here we are. 10-year Treasury yields
US producer prices rose 1.3% in September, taking the annual rate to 6.3%, the highest since December 2022 and a full point above the 5.3% consensus forecast. The Bureau of Labor Statistics (BLS) published the PPI at 12:30 GMT today alongside retail sales from the Census Bureau and the Empire State manufacturing survey, and all
US Producer Price Inflation Hits 6.3%, Highest Since 2022 Read More »
Artificial Intelligence has already changed how businesses operate, how people work, and how technology resolves everyday issues. From machine learning and generative AI to automation and data analysis, AI skills are becoming highly valuable across multiple industries. However, many people find it a bit overwhelming when it comes to starting the courses. This is because
Top AI Courses on Udemy for Beginners and Professionals Read More »