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Tag: US NFIB Small Business Index

Gold Hugging $1300, Investors Await Fed Hike

Gold has posted slight losses in the Tuesday session. In North American trade, the spot price for one ounce of gold is $1297.56, down 0.20% on the day. On the release front, consumer inflation numbers were within expectations. CPI remained pegged at 0.2% and Core CPI edged up to 0.2%, just above the forecast of 0.1%. […]

GBP/USD – Unemployment Claims Sparkle But Pound Yawns

The British pound is unchanged in the Tuesday session. In North American trade, GBP/USD is trading at 1.3389, up 0.05% on the day. On the release front, Britain released key employment numbers. Wage growth edged down to 2.5%, matching the forecast. Unemployment claims dropped by 7.7 thousand, much better than the estimate of a gain […]

USD/CAD – Canadian Dollar Edges Lower, US Consumer Inflation Meets Expectations

The Canadian dollar continues to lose ground this week. On Tuesday, USD/CAD is trading at 1.3014, up 0.28% on the day. On the release front, there are no Canadian events. In the US, consumer inflation numbers were within expectations. CPI remained pegged at 0.2% and Core CPI edged up to 0.2%, just above the forecast […]

EUR/USD – Euro Shrugs off Dismal German Confidence Report

EUR/USD continues to have a quiet week. On Tuesday, the pair is trading at 1.1792, up 0.05% on the day. On the release front, German ZEW Economic Sentiment posted a dismal reading of -16.1 points, missing the estimate of -14.6 points. Eurozone ZEW Economic Sentiment followed the same trend, with a reading of -12.6, well […]

XAU/USD – Gold Lower, Markets Eye Trump Announcement on Iran

Gold has posted considerable losses in the Tuesday session. In North American trade, the spot price for an ounce of gold is $1309.34, down 0.30% on the day. On the release front, JOLTS Jobs Openings jumped to 6.55 million, crushing the estimate of 6.02 million. Later in the day, US President Trump makes a major […]

GBP/USD – Pound Slips to 4-Month Low as Housing Inflation Sinks

The British pound has posted losses in the Tuesday session. In North American trade, GBP/USD is trading at 1.3592, down 0.47% on the day. There are no major events on the schedule. In the UK, Halifax HPI plunged 3.1%, its sharpest decline since 2010. Later in the day, the UK releases BRC Retail Sales Monitor, with […]

USD/CAD – Canadian Dollar Slips, 1.30 in Sight

The Canadian dollar has posted considerable losses in the Tuesday session. USD/CAD is trading at 1.2961, up 0.62% on the day. On the release front, Canadian Housing Starts dropped to 214 thousand, shy of the estimate of 218 thousand. The US will release JOLTS Jobs Openings and Federal Reserve Chair Jerome Powell will speak at an event […]

EUR/USD – Euro Dips Under 1.19 Despite Solid German Numbers

EUR/USD has posted losses in the Tuesday session. Currently, the pair is trading at 1.1884, down 0.33% on the day. On the release front, Germany posted strong numbers, as Industrial Production and Trade Balance both beat their estimates. The US will release JOLTS Jobs Openings and Federal Reserve Chair Jerome Powell will speak at an event […]

USD/CAD – Canadian Dollar Trading Sideways

The Canadian dollar continues to have an uneventful week. In the Tuesday’s session, the pair is trading at 1.2587, up 0.07% on the day. On the release front, there are no Canadian indicators on the schedule. In the US, the sole indicator is the NFIB Small Business Index, which improved to 106.9, above the estimate […]