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Forex Analysis Headlines

Gold Futures Settle Lower, Sheds Nearly 5% In Week

Gold prices drifted lower on Friday, posting losses for the fourth session this week, as the dollar gained in strength, recovering after exhibiting some weakness a day earlier. The dollar index rose to 94.74, a new two-month peak, a little ...

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U.S. Dollar Appreciates As Virus Infections Rise

The U.S. dollar was higher against its major counterparts in the European session on Friday, as new restrictions in Europe due to a resurgence in Covid-19 cases dampened prospects of economic recovery. A second wave of infections across Europe forced ...

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Spain Industrial Producer Price Fall Slows

Spain’s industrial producer price decline slowed for a third straight month in August, preliminary data from the statistical office INE showed on Friday. The industrial producer price index decreased 3.5 percent year-on-year after a 4.8 percent fall in July. The ...

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Denmark Retail Sales Continue To Fall

Denmark’s retail sales extended its declining trend into August, preliminary data from Statistics Denmark showed on Friday. Retail sales decreased 1.1 percent after a 1 percent fall in July. In June, sales grew 1.4 percent. Food and grocery sales were ...

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S&P Maintains India's Sovereign Ratings; Outlook Stable

S&P Global Ratings affirmed credit ratings of India on Friday despite weakening fiscal settings and a record economic contraction caused by the global coronavirus pandemic. The agency maintained the rating at ‘BBB-‘ citing the economy’s above-average long-term real growth, sound ...

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Dollar Advances Ahead Of U.S. Durable Goods Orders

The U.S. durable goods orders for August are due at 8:30 am ET Friday. The greenback climbed against its major counterparts before the data. The greenback was worth at 105.49 against the yen, 1.1629 against the euro, 1.2729 against the ...

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Italy's Consumer Sentiment At 7-Month High

Italy’s consumer confidence strengthened to a seven-month high in September as households’ assessment of current and future economic situation improved further, survey results from the statistical office ISTAT showed on Friday. The consumer confidence index rose to 103.4 in September ...

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