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Soft Inflation Data, Retail Sales Pull Down U.S. Dollar
The U.S. dollar weakened against its major counterparts in the New York session on Wednesday, as consumer inflation data and retail sales came in lower than expected in April, strengthening expectations that the Federal Reserve will reduce interest rate in September. Data from the Labor Department s
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تجربتي مع جل بذرة الكتان للشعر عالم حواء
إن العناية بالشعر هي جزء أساسي من روتيني اليومي، وعلى مر السنين، قمت بتجربة مجموعة متنوعة من المنتجات، ومن بين هذه التجارب كانت تجربتي مع جل بذرة الكتان. في عالم حواء، وجدت هذا المنتج يثير الكثير من الانتباه والإشادة، وقررت أن أقوم بتجربته بنفسي لأرى ما إذا كان يستحق الثناء الذي حظي به. عندما بدأت ب
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USTR: Further action required beyond tariff changes to address China's unfair policies
United States Trade Representative Katherine Tai announced on Tuesday that she will be proposing modifications to China tariffs and will continue to work with partners to continue to expand opportunities for US workers and manufacturers, per Reuters. Key takeaways "Further action required beyond tar
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Markets Wait For U.S. Inflation Readings
Anxiety ahead of release of key inflation readings from the U.S. gripped world market sentiment. Producer price readings are due on Tuesday followed by consumer price readings due on Wednesday. Speeches by Fed Chair Jerome Powell lined up for the week also exacerbated lingering worries about the mon
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GBP/USD Price Analysis: Struggles at 200-DMA, retreats toward 1.2500
GBP/USD erased its earlier gains as buyers failed to reclaim 200-DMA. Deterioration in the US economy spurred flows to USD amid its safe-haven appeal. Momentum remains bearish, as RSI stays below 50, key resistance lie above spot price. The Pound Sterling weakened against the US Dollar on Friday, ev
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EUR/USD: Remains ''heavy'' on 1.0700-1.0800 range as Euro's reactions appear to be short-lived
The single European currency remains between 1,0750 - 1,08 levels after moving little higher on Thursday in the wake of increased US jobless claims. Once again the European currency took the opportunity to react taking advantage of a disappointing announcement from the other side of the Atlantic. Ho
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Early Asia wrap: Hope for US rate cuts drives the bus
Shares in Asia saw a rise on Friday, following a positive day on Wall Street spurred by jobs data that bolstered the argument for US rate cuts. In Hong Kong, gains were fueled by reports that regulators were contemplating exempting individual investors from taxes on dividends earned from Hong Kong s
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EUR/JPY Price Analysis: Buyers accelerate the pace eye cycle highs
The daily chart reveals the RSI steady in positive zone, showing consistent bullish momentum. On the hourly chart, RSI and MACD persist in positive territory, indicating robust buying traction. If the bears don’t show up, the pair may be poised for a retest of the cycle highs above 170.00. The EUR/J
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