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USD/CHF remains capped below the 0.8800 barrier ahead of US Retail Sales - Vimarsana News

USD/CHF remains capped below the 0.8800 barrier ahead of US Retail Sales

The USD/CHF pair holds ground around 0.8782 during the early Asian session on Tuesday. The pair remains sideways after retreating from multi-week high

Dollar Rally Wavers, Sentiment Steady as China Rate Cut Offsets Discouraging Data - Vimarsana News

Dollar Rally Wavers, Sentiment Steady as China Rate Cut Offsets Discouraging Data

Dollar's spirited rally attempt faced a swift halt as major US stock indices recorded gains, positively influencing broader market sentiment. Following that, Asian markets are poised, with China's unexpected rate cut effectively counterbalancing the dampening effects of discouraging economic data. As a result, commodity currencies, including Australian Dollar, saw a resurgence.

Sterling Jumps on Record Wages Growth, Gold Approaches Key Support - Vimarsana News

Sterling Jumps on Record Wages Growth, Gold Approaches Key Support

European major currencies are making a notable stride today, with Sterling at the forefront. The Pound ascent is attributed to the historic high recorded in UK regular wage growth. This surge adds further weight to BoE dilemma, pushing it to seriously consider additional monetary tightening in the upcoming month.

USD/CAD Price Aiming At 1.3500, Eyes on Canadian CPI - Vimarsana News

USD/CAD Price Aiming At 1.3500, Eyes on Canadian CPI

The USD/CAD price edged higher, trading at 1.3462 at the time of writing. The bias is bullish, so a further rise is highly probable.

Nasdaq leads gains on NVDA rally while bonds continue to bear-flatten - Newsquawk US Market Wrap - Vimarsana News

Nasdaq leads gains on NVDA rally while bonds continue to bear-flatten - Newsquawk US Market Wrap

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