Retail sales increased 4.8% YoY in June, slowing from May’s 6.4% rise, echoing June’s inflation data that signaled weakening domestic demand. In contrast, industrial production […]
Tag: holds
EUR/GBP holds below 0.8600 ahead of Eurozone inflation data, BoE’s Bailey speech
EUR/GBP softens to near 0.8575 in Tuesday’s early European session. Softer-than-expected German inflation data weighs on the Euro. The preliminary reading of Eurozone HICP inflation […]
NZD/USD holds below YTD peak, capped in rising wedge pattern
NZD/USD trades around 0.6045 on Friday after hitting an intraday high of 0.6079. The pair remains within a rising wedge formation, typically a bearish setup. […]
Trump holds call with Xi, Chinese media says
President Donald Trump held a phone call Thursday with Chinese President Xi Jinping, Beijing said. The call was initiated by Trump, according to Beijing’s Ministry […]
Gold price holds above $3,300, near two-week top as USD remains depressed amid fiscal concerns
Gold price pulls back after touching a two-week top earlier this Thursday, though the downside seems limited. US fiscal concerns and Fed rate cut bets […]
USD/INR holds ground US Dollar recovers daily losses, eyes on India-Pakistan situation
Indian Rupee loses ground due to weakened market sentiment following the Fed’s cautious policy outlook. The Fed acknowledged growing risks related to inflation and unemployment, […]
EUR/USD holds steady above 1.1300 amid softer USD; lacks bullish conviction
EUR/USD edges higher on Thursday amid the emergence of fresh USD selling. Trade-related uncertainties hold back investors from placing directional bets. Trump’s press conference at […]
USD/CAD holds firm as mixed trade headlines cloud USD outlook
USD/CAD trades near the 1.3900 zone in a tight range ahead of the weekend Contradictory US-China tariff headlines and resilient oil prices shape sentiment Resistance […]
AG Pam Bondi holds first meeting of anti-Christian bias task force
U.S. Attorney General Pam Bondi on Tuesday held the inaugural meeting of a task forced dedicated to eradicating Christian bias in the federal government. File […]
USD/CHF holds gains near 0.8150, hovers near multi-year lows due to safe-haven demand
USD/CHF remains close to the 0.8099 mark—its lowest level since September 2011. The US Dollar remains under pressure as investor uncertainty lingers amid the unpredictable […]