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Dow Jones Industrial Average middles ahead of key inflation report

The Dow Jones Industrial Average (DJIA) ground to a halt on Thursday, stuck near the 45,500 region as investors await the latest batch of United States (US) Personal Consumption Expenditures Price Index (PCE) inflation data, due on Friday.
New
update2025.08.29 03:33

Forex Today: Investors' attention shifts to US PCE data and German flash CPI

The US Dollar (USD) extended further its weekly correction as jitters surrounding the Fed's independence remained unabated, while tariff uncertainty and the increasing likelihood of a rate cut by the Federal Reserve in September also contributed to the sour sentiment around the Greenback.
New
update2025.08.29 03:30

Silver Price Forecast: XAG/USD consolidates near $39.00, bulls target multi-year high

Silver (XAG/USD) is consolidating gains near one-month highs on Thursday, following a successful retest of former triangle resistance around $38.00. Wednesday's rebound confirmed the breakout structure and helped reinforce bullish momentum, supported by a softer US Dollar (USD).
New
update2025.08.29 00:27

GBP/USD climbs above 1.3500 as solid U.S. data caps Dollar

The GBP/USD rises during the North American session after economic data released in the United States (US) showed that the economy remains solid and does not warrant an interest rate cut. At the time of writing, the pair trades at 1.3524, up 0.19%.
New
update2025.08.29 00:21

GBP/USD retreats below 1.3500 as US GDP growth outpaces expectations

The British Pound (GBP) eases against the US Dollar (USD) on Thursday, trimming all of its earlier gains after climbing to a session high of 1.3526.
New
update2025.08.28 22:35

EUR/USD steady despite strong US GDP as Greenback stays under pressure

The Euro (EUR) holds firm against the US Dollar (USD) on Thursday,as the latest batch of US economic data failed to shift the broader bearish tone surrounding the Greenback. The pair briefly climbed to an intraday high of 1.1687 before easing to trade near 1.1666 at the time of writing.
New
update2025.08.28 22:15

US: Initial Jobless Claims dropped to 229K last week

According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance fell to 229K for the week ending August 23.
New
update2025.08.28 21:36

US economy grows 3.3% in Q2 vs. 3.1% expected

The United States' Gross Domestic Product expanded at an annual rate of 3.3% in the second quarter, the US Bureau of Economic Analysis (BEA) announced on Thursday. This print came in better than the initial estimate and the market expectation of 3% and 3.1%, respectively.
New
update2025.08.28 21:35

Euro rebounds against Swiss Franc as ECB minutes highlight cautious outlook

The Euro (EUR) is edging higher against the Swiss Franc (CHF) on Thursday, snapping a three-day losing streak that dragged the pair to its lowest level since August 4 on Wednesday. At the time of writing, EUR/CHF is staging a sharp rebound, trading around 0.9356 at the start of the American session.
New
update2025.08.28 21:24

Gold consolidates near $3,400 ahead of US GDP, Jobless Claims

Gold (XAU/USD) extends its advance for a third straight session on Thursday, trading near a more than two-week high, buoyed by a softer US Dollar (USD) and subdued Treasury yields.
New
update2025.08.28 20:59

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