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Gold (XAU/USD) treads water around $1950, as the bulls turn cautious in the run-up to the Fed showdown. The dovish Fed expectations amid coronavirus-led economic risks and US fiscal stand-off keep the upside favored in the yellow metal. The buyers, however, await a fresh impetus for the next push hi

Japan's capital expenditure grew less than initially estimated in the first quarter as the coronavirus pandemic hit the economic activity severely, revised data from the Ministry of Finance showed on Monday. Investment in plant and machinery grew only 0.1 percent on a yearly basis instead of 4.3 per

NZD/USD stays pressured near 0.6650 while keeping range from Tuesday’s US session. A bullish chart formation is gradually gaining momentum but 0.6700 becomes the key. 200-hour EMA acts as the near-term strong support. NZD/USD weakens to 0.6655 amid the initial trading session on Wednesday. The quot

EUR/USD: Towards 1.1760 Stay on top of the markets with Swissquote’s News & Analysis Pivot (invalidation): 1.1665 Our preference Long positions above 1.1665 with targets at 1.1735 & 1.1760 in extension. Alternative scenario Below 1.1665 look for further downside with 1.1630 & 1.1600

The U.S. dollar drifted lower on Thursday, losing ground again other major currencies, hurt by data showing a record drop in U.S. Gross Domestic Product in the second quarter. A report showing an increase in unemployment claims in the week ended July 25th contributed as well to dollar's decline. D