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The U.S. dollar weakened against its major counterparts in the New York session on Tuesday, after the release of weaker-than-expected flash PMI data for the month of April. Survey from S&P Global showed that the flash composite output index dropped to 50.9 in April from 52.1 in March. The servic

Watch the video for the key trading levels for AUDJPY, AUDUSD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USD Index, Gold, and S&P 500. Share: Analysis feed

The PMI increased from 50.3 to 51.4 in April, suggesting that the eurozone economy is finally leaving stagnation and returning to growth at the start of the second quarter. Inflationary pressures remain for the service sector, but don’t expect this to deter the ECB from cutting rates. The eurozone e

With the easing of tensions in the Middle East, safe-haven demand reversed course; global stock markets experienced a modicum of relief. Indeed, in a classic relief rally fashion, Monday saw a rebound in the S&P 500, snapping a six-day losing streak. Yet, investors remain highly cautious on both

XAU/USD Gold price fell around 2% on Monday as safe haven demand faded on calmer tones from the Middle East, which ease fears for conflict escalation. Traders partially collected profits after gold repeatedly failed to sustain gains above psychological $2400 level and bull-trap pattern is forming on

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Indian shares are likely to open higher on Monday as investors keep a close eye on the Middle East conflict and oil price movements. Geopolitical tensions eased somewhat as Israel and Iran played down the risks of an escalation in hostilities. Asian markets were broadly lower this morning, the dolla

NZD/USD attracts some sellers near 0.5880 on the renewed USD demand on Friday. US officials revealed that Israel carried out military strikes against Iran, boosting safe-haven currencies like the USD. The annual inflation rate in New Zealand remains above the central bank target range, keeping the R