United States Pending Home Sales (YoY): 6.9% (November) vs 5.4%

By Marc Jones LONDON (Reuters) – Suggestions that the dollar’s dominance of the global financial system is ending are wide of the mark, JPMorgan said on Wednesday, despite some dramatic signs of change in commodity markets and certain trading blocs. China’s rise and the use of economic sanctions on the likes of Russia mean there…

EUR/USD’s extended decline and strong break of 55 D EMA (now at 1.1031) last week suggest that the near term trend has reversed. Initial bias is now on the downside this week for 38.2% retracement of 1.0447 to 1.1213 at 1.0920. Sustained break there will argue that fall from 1.1213 is the third leg of…

The US Dollar (USD) has found footing in the lower range of the 152.00s against the Japanese Yen (JPY) and is consolidating around 153.00 on Thursday. Strong US employment figures have prompted investors to pare back bets on immediate rate cuts by the US Federal Reserve (Fed), providing some support to the Greenback, although upside…

Log in to today’s North American session recap for July 29, 2025. Market flows have been chaotic in the past two weeks of trading, from a renewed selloff in the USD to its ongoing recovery (the DXY still showed a small resistance towards the beginning of the afternoon). This move in the Greenback has largely…

Bessent vows that US won’t lose taxpayer money aiding Argentina Source link