In Friday’s Session: EUR/JPY Trades with Losses EUR/JPY Closed Negative Below 159.00 Area In Friday’s session, the EUR/JPY traded with losses, closed negative below the 159.00 area, and corrected after five consecutive days of gains. On the Euro’s side, France’s Consumer Price Index (CPI) figures slightly surprised to the upside but failed to significantly impact…
Silver Price Stagnates Despite US PPI Growth Current Situation The price of silver (XAG/USD) has been hovering around $22.70, showing a lack of movement despite the recent growth in the United States Producer Price Index (PPI) in July. This comes as a surprise considering the rapid rise of the US Dollar, which has now reached…
Gold Glitters as US Inflation Falls Short: All Eyes on US PPI Introduction As the United States Consumer Price Index (CPI) for July fell short of expectations, gold prices (XAU/USD) experienced an intense sell-off followed by a temporary cushion. Investors are closely monitoring the upcoming release of the US Producer Price Index (PPI) as they…
EUR/USD lacks clear directions around 1.0980-85 during early Friday After a Volatile Thursday EUR/USD is currently lacking clear directions around the 1.0980-85 mark during the early hours of Friday’s trading session. This comes after a volatile Thursday, where the currency pair initially saw a fresh two-week high before ultimately closing the day with minor gains….
