For carry traders battered by the dollar’s rally and higher US borrowing costs, the euro’s worst plunge since 2005 couldn’t have come one moment sooner.
Gold prices more than 6.7% off the yearly lows with the rally now testing yearly downtrend resistance. The levels that matter on the XAU/USD short-term technical charts.
Managing climate risk is among the top priorities for companies today, and the financial industry plays a vital role in improving and expanding climate risk management.
Against the backdrop of geopolitical and economic turbulence and the need to carefully manage liquidity, fund managers operating in the EU are increasingly aware that well-defined data strategies can no longer just be an afterthought.
Euro continues to remain anchored to recent ranges while commodity prices lifting gave related currencies a boost. Will US CPI be the trigger for EUR/USD to get a move on?
The Swiss Franc has been strengthening overall against the US Dollar and Euro, but more so versus the latter. Will USD/CHF catch up and dive to new lows?
The Australian Dollar rose against the US Dollar overnight, supported by higher iron ore and copper prices. The incoming August consumer confidence data from Westpac presents a risk to AUD.