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Forexlive Americas FX news wrap: US adds 372K new jobs in June

The US jobs report added 372K new jobs in June. That was higher than the 268K estimate. Admittedly, there was a revision of...

USD/CHF Price Analysis: Buyers reclaim the 50-DMA, eyeing a break of 0.9800 towards parity

During the week, the Swiss franc is still under heavy pressure, losing more than 2%. Broad US dollar strength across the board underpins the USD/CHF. USD/CHF...

Gold Price Forecast: XAUUSD advances sharply, hovering around $1750 after solid US data

On Friday, Gold rises almost 0.40% but is still down by 3.53% in the week. The bright metal recovered some of its shine due to...

Fed's Williams: Will be data-dependent, nimble in our policy approach

The sky-high inflation is the number one danger to the US economy, New York Fed President John Williams said on Friday, as reported by Reuters. Additional...

Stocks erase early declines

The major US stock indices have now erased their earlier declines. Dow industrial average is up 72 points or 0.23% at...

MULN Stock Forecast: Mullen Automotive defies market, shares soar 12%

NASDAQ: MULN gained 4.90% during Thursday’s trading session. Comments from China and Volkswagen boost EV stocks for the day.  The deal for Elon...

The Week Ahead – Euro weighed by risk aversion and rate differential

EURUSD sinks over recession risk The euro hit a new two-decade low against the US dollar as the eurozone faces a greater risk of recession....

What Can Come of US Lifting (Some) Tariffs on China?

US President Biden is holding a meeting today to discuss a plan to lift tariffs imposed on certain goods imported from China. Although it’s...

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