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Forex Daily

Risk Sentiment Remains Positive: Gold, VIX, Tesla Latest Outlooks

Financial markets remain risk-on as positive sentiment continues to push prices higher.

US Dollar Rattled by Weak PMIs, US GDP and Core PCE Remain this Week’s Key Drivers

The dollar slipped in early US turnover as the latest S&P PMIs miss forecasts and last month’s numbers. Growth and inflation data and US Treasury auctions now on the horizon.

EUR/USD Rises after Shock US PMI Highlights Demand Weakness

EUR/USD received a much needed reprieve from USD dominance after flash PMI data for April highlighted potential concerns for the US. EUR/GBP surrenders recent gains

British Pound Bounces At Downtrend Line, Still Pressured By Rate-Cut Expectations

Sterling scored a little bounce against the Dollar, but monetary policy expectations will continue to make durable gains tough

Gold’s Surge Halted as Risk Appetite Returns, US Economic Data in Focus

The precious metal has lost around 5% of its value since last Friday as risk assets benefit from the current pause in the Israel-Iran conflict

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