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USD/CHF flat lines near 0.7950, US-China tariff talks in focus
USD/CHF trades flat around 0.7950 in Monday’s early European session. Risk-on sentiment from the US-EU tariff deal might weigh on the Swiss Franc, a safe-haven currency. The Fed interest rate decision will be the highlight later on Wednesday, with no change in rates expected. The USD/CHF pair holds
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Gold slips for the third day as safe-haven demand weakens and the Dollar strengthens
Gold prices came under renewed pressure for a third consecutive session, failing to hold above the critical $3,400 zone, as renewed demand for the U.S. dollar and improving global risk sentiment weighed on the safe-haven metal. The recent optimism surrounding potential trade deals between the United
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Upgrade Your Lift Mate with an Additional Magnetic Sensor for Elevator and Cargo Lift Control
The standard Lift Mate system includes one magnetic sensor used to detect either the storage position or service position on your lift. If you operate an elevator lift, cargo lift, or industrial lift, adding an additional magnetic sensor unlocks advanced lift control features. This extra sensor enab
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EUR/GBP holds above key support as UK economic concerns pressure Sterling
EUR/GBP holds above key sypport at 0.8623 as bulls defend short-term trend.Economic and fiscal concerns in the UK put pressure on the Pound Sterling, while the Euro hinges on any advance regarding EU-US trade talks.Interest rate expectations, with the ECB expected to keep borrowing costs steady and
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EUR/JPY edges lower after marking fresh yearly high
EUR/JPY eases from a fresh yearly high, trading near 172.00 on Wednesday.The Japanese Yen gains as the 10-year bond yield jumps to 1.6%, the highest since 2008.ECB’s Nagel calls for a “steady hand,” signals no rate change at its next meeting. The Euro (EUR) is trading slightly lower against the Japa
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Sterling in 'delicate spot' as OBR 'sounds alarm' on public finances
Sterling finds itself in a delicate spot following last week’s government U-turn. An inability of the Labour leadership to force through even modest cuts to welfare spending is alarming, as this almost guarantees that additional tax hikes will need to be forthcoming in the autumn budget. The OBR yes
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Gold price slides further below $3,300, over one-week low amid a firmer USD
Gold price remains under some selling pressure amid reduced bets for a Fed rate cut in July.The USD stands firm near a two-week high and contributes to the commodity’s offered tone.Tariff jitter weigh on investors’ sentiment, though it does little to impress the XAU/USD bulls. Gold price (XAU/USD) t
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CEE: Will PMIs deteriorate further?
On the radarFlash inflation in Poland landed at 4.1% y/y in June, while in Slovenia at 2.2% y/y.Producer prices in Hungary eased to 6.9% y/y in May.Retail sales grew by 2.6% y/y in May in Croatia and by 5.6% y/y in SerbiaIndustrial output increased by 1.7% y/y in May in Croatia and by 4.4% y/y in Se
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GBP/USD extends rally, clips fresh multi-year highs
GBP/USD climbed its way above 1.3660 for the first time in over 40 months on Wednesday.The Pound Sterling is getting a boost from broad-market Greenback selling.A smattering of central bank policymaker appearance dot the landscape ahead of GDP updates. GBP/USD gained more ground as the US Dollar waf
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Gold Price Forecast: XAU/USD slides below 20-day EMA as Israel-Iran call ceasefire
Gold price is down over 1% to near $3,320 as the Israel-Iran ceasefire diminishes safe-haven demand.Fed Bowman supports interest rate cut in July amid growing labor market risks.The US Dollar sumps on Israel-Iran ceasefire and Fed Bowman’s dovish commentary. Gold price (XAU/USD) plummets to near $3,
