USD/CHF trades lower as the US Dollar struggles due to growing concerns over the fiscal deficit in the United States. The Congressional Budget Office expects…
Gold price surrenders intraday gains and falls to around $3,300 as the US Dollar finds temporary support. Mounting US fiscal deficit concerns keep the outlook…
Silver gains as Moody’s downgrade and US budget vote weigh on sentiment. RSI remains bullish; break above $33.50 could target $34.00 next. Drop below $33.00…
Moody’s cuts US debt rating, igniting US Dollar selloff and boosting EUR/USD. Euro gains despite light data flow as ECB and Fed speeches guide sentiment.…
Gold rises as traders brace for vote on Trump’s debt-heavy tax bill. Moody’s downgrade and falling US Dollar fuel safe-haven demand for Gold. Middle East…
The US Dollar Index is slipping for a second consecutive day and tests the 100.00 mark as the hit from Moody’s downgrade on US debt…
Moody’s downgrades US debt from Aaa to Aa1, citing deficits. US Treasury yields rise, with the 30-year surpassing 5%. House Budget Committee narrowly passes the…
Moody’s Ratings agency downgraded the US’s sovereign debt credit rating after the market close on Friday. According to Moody’s, the US is facing rising debt…
Director of the United States (US) Congressional Budget Office (CBO) Phillip Swagel noted on Monday that while US revenue projections are holding steady, the next…
EUR/GBP may strengthen following Germany’s agreement on a debt overhaul and a substantial increase in state spending. ECB Vice President Guindos noted that President Trump’s…