Share: July month employment statistics from the Australian Bureau of Statistics, up for publishing at 01:30 GMT on Thursday, will be the immediate catalyst for the AUD/USD pair traders. Market consensus suggests that the headline Unemployment Rate may remain unchanged at 3.5% on a seasonally adjusted basis whereas the Employment Change could rise… ادامه خواندن When is the Australian employment report and how could it affect AUD/USD?

As the minutes were released, the XAU/USD dropped sharply towards the S1 daily pivot point at $1,894.89 and bounced off that level. At the same time, US Treasury bond yields climbed with the 10-year benchmark note edging toward 4.246%, while the greenback hit a daily high of 103.457 before trimming some of its gains. However,… ادامه خواندن XAU/USD dips to 7-week low beneath $1,900 after FOMC minutes

The CNY could face more headwinds from China’s persistent run of weak data and further widened yield disadvantage.  The PBoC unexpectedly lowered the rate on its one-year loans, or medium-term lending facility (MLF), by 15 bps to 2.5%, together with a reduction of 10 bps in its 7-day reverse repurchase rate (a short-term policy rate)… ادامه خواندن CNY could face more headwinds over the near term – HSBC

Share: Euro reverses part of the recent weakness vs. US Dollar. Stocks in Europe open Wednesday’s session on the defensive. EUR/USD picks up pace and surpasses the 1.0930 level. The USD Index (DXY) comes under pressure and disputes 103.00. EMU flash GDP figures matched estimates in Q2. FOMC Minutes, housing sector data are due… ادامه خواندن Euro appears well supported by the 1.0900 region so far

Share: NZD/USD trades with losses below 0.6000, its lowest in nine months. China reported weak Retail Sales and  Industrial Production data from July. American Retail Sales from the US were higher than expected. In Tuesday’s session, the NZD/USD traded lower, mainly driven by China’s fragile economic situation. On the other hand, the USD, despite… ادامه خواندن NZD/USD loses ground following Chinese and American economic activity data

Share: Gold price continues its south-side move amid resilient US Dollar and Treasury yields. Investors await the US Retail Sales data for July, which is seen expanding with higher momentum. An economic slowdown in China improves the appeal of the US Dollar Index as a safe haven. Gold price (XAU/USD) extended downside as the… ادامه خواندن Gold tests region below $1,900 as US Retail Sales remain resilient