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US stocks open with gains in the major indices. Meta Platforms beat and gave positive guidance as well. Shares are trading up over 9% at the...

The Kickstart video for August 1 take a technical look at the 3 major currency pairs - the EURUSD, USDJPY and GBPUSD. The EURUSD moved lower...

The Fed funds market is now pricing in a 13.5% chance of a 50 basis point Fed cut in September.Many market participants are focused on Powel...

Prior week 235Kinitial jobless claims 249K versus 236K estimate.4-week moving average of initial jobless claims 238K vs 235.50K last week.Co...

OPEC is in a bit of a tizzy with oil prices falling at the peak of summer driving season. The JMMC monitoring committee met today and reiter...

As the North American session begins, the CHF is a stronger and the GBP is the weakest.The Bank of England (BOE) became the latest central b...

Headlines:BOE cuts bank rate by 25 bps to 5.00% in knife-edge callBOE governor Bailey: This was a finely balanced decisionBailey Q&A: We wil...

BOE will decide appropriate degree of restrictiveness at each meetingNot giving any view on the path of rates to come (when asked about a "o...

That is to be expected as the bloc is set to continue with the current policy stance before unwinding some of the production cuts later in O...

Services price inflation and domestic inflation pressures remain elevatedThere might be a slight rise in services price inflation in August,...

Prior 5.25%Bank rate vote 4-0-5 vs 4-0-5 expected (Pill, Mann, Haskel, Greene dissented to keep rates on hold)Decision was "finely balanced"...

FundamentalOverviewThe Nasdaq has been on a steady decline since the last US CPI report onJuly 11th. In the first stages of the pullback,...

FundamentalOverviewThe USD has been rallyingsteadily against most major currencies in the recent couple of weeks, althoughthe catalyst be...

Reuters with the headline, citing sources familiar with the matter. That said, no policy change is still expected from the meeting so the re...

Prior 6.4%The jobless rate in the euro area ticks a little higher again at the end of Q2, matching the figure back in March and in the same...

In particular, EUR/USD is starting to invite a technical break to the downside now:The pair is down 0.4% to 1.0785 currently, threatening a...

Final Manufacturing PMI 52.1 vs. 51.8 expected and 50.9 prior.Key findings:Production growth fastest since February 2022.Input price inflat...

FundamentalOverviewGold got a boost recently onrenewed tensions in the Middle East. In fact, on Tuesday, Israel struck Beirut(Lebanon) ta...

Final Manufacturing PMI 43.2 vs. 42.6 expected and 43.5 prior.Key findings:HCOB Germany Manufacturing PMI at 43.2 (Jun: 43.5). 3-month low....

Prior 45.8 This article was written by Justin Low at www.forexlive.com.

The losses are coming in fast in the last one hour, with GBP/USD falling from 1.2845 to a low of 1.2790 on the day. This is a move tied most...

Eurostoxx -0.5%Germany DAX -0.4%France CAC 40 -0.7%UK FTSE +0.3%Spain IBEX -0.2%Italy FTSE MIB -0.6%Even though it may not feel like it, Eur...

Prior 52.3 This article was written by Justin Low at www.forexlive.com.

The volatility swings are continuing in the pair and the latest move here is part of that. Treasury yields remain on the softer side with 10...

For some context, OPEC+ will be holding an online JMMC meeting later today at 1000 GMT. According to the report, no changes to the current p...