Euro soars but Nord Stream could spell trouble
[ad_1] The US dollar remains in correction mode and the euro has jumped on the bandwagon. EUR/USD is trading at 1.0231, up 0.88%. The euro breached the symbolic parity line…
DAX, DOW and FTSE Move Higher Despite a Dent in Optimism
[ad_1] DAX 40:Higher as Europe’s Heatwave Piles Pressure on Energy Infrastructure. FTSE 100:Stalls Despite a Surprise in UK Job Numbers. DOW JONES:Gains as Optimism Takes a Hit with Apple’s Hiring…
US dollar correction continues – MarketPulseMarketPulse
[ad_1] US dollar retreats against majors The US dollar fell once again against the major currencies as its downward correction continued. Notably, Asia FX made very limited gains overnight, and…
ZAR Prepares For SA Inflation, SARB and PBOC Rate Decisions
[ad_1] RAND TALKING POINTS Possible short-term pullback on the cards for ZAR bulls. SARB rate decision in focus this week. Will R17/$ hold as support? USD/ZAR FUNDAMENTAL BACKDROP The South…
Sterling hits 1.20 after UK job data
[ad_1] The British pound has extended its gains on Tuesday. GBP/USD is currently trading at 1.2010, up 0.50%. The US dollar continues to retreat across the board, as the greenback…