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NEW YORK, April 21 (Xinhua) -- Crude oil futures prices gained ground on Friday thanks to improvement of purchasing managers indexes (PMI) in the eurozone, the

Gold price (XAU/USD) prints mild losses around $1,925 as bulls take a breather after a five-week uptrend, especially amid a lack of traders from China

Some may worry that higher oil prices are signaling a recession, but we do not believe the US will go into a recession in the next 9-12 months.

7/30/2021 12:53:39 PM GMT Prospect of higher US interest rates fade on weak data, Fed dovishness. USD/JPY loses 110.00 on Tuesday, stays below on Friday. Technical considerations dominate near-term USD/JPY action, bias weakly lower. FXStreet Forecast Poll expects a near term decline. Prospects for higher US interest rates faded further as poor economic data reinforced the Fed’s cautious view and confirmed the retreat of Treasury yields since the June 16 meeting.   The USD/JPY lost altitude on the week, but trading easily remained within the range of the last two months. With weak US stat...

5/7/2021 5:03:20 PM GMT Dollar loses ground after dismal US payroll data. USD/JPY directionless until Friday’s NFP disappointment. US equity and credit markets recover after initial shock. Labor shortage may fuel wage inflation, Treasury yields resilient. FXStreet Forecast Poll is neutral on USD/JPY prospects. The USD/JPY dozed from Monday’s open at 109.36 to Friday’s 109.17 approach to the US Nonfarm Payrolls report (NFP), then woke with a start as the US economy added just one-quarter of the expected jobs.   American firms hired 266,000 people in April and the unemployment rate ros...