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Editors’ Picks
EUR/USD extends correction toward 1.1100 after US data
EUR/USD stays under modest bearish pressure and declines toward 1.1100 in the second half of the day on Thursday. The US Dollar preserves its recovery momentum following the mixed PMI data, making it difficult for the pair to regain its traction.
GBP/USD retreats to 1.3100 on USD rebound
GBP/USD pulls away from the 13-month high it set at 1.3130 earlier in the day and trades near 1.3100. The US Dollar gathers strength against its rivals after the PMI figures showed that the private sector continued to grow at a healthy pace in August.
Gold slumps below $2,480 as US T-bond yields stretch higher
Gold extends its correction and trades below $2,480 in the American session Thursday. The benchmark 10-year US Treasury bond yield clings to daily gains after August PMI data from the US, forcing XAU/USD to stay on the back foot.
MATIC price poised for rally as on-chain data shows a positive bias
Polygon's (MATIC) price has risen 27% since the start of this week and, as of Thursday, is continuing to trade higher by 0.5% at $0.52. On-chain data shows that MATIC's TVL is rising.
US S&P Global PMIs seen broadly unchanged in August, signaling moderate economic expansion
S&P Global will publish the preliminary estimates of the US PMIs for August on Thursday. The indexes are the result of surveys of the senior executives in the private sector and are meant to indicate the overall health of an economy.
Moneta Markets review 2024: All you need to know
VERIFIED In this review, the FXStreet team provides an independent and thorough analysis based on direct testing and real experiences with Moneta Markets – an excellent broker for novice to intermediate forex traders who want to broaden their knowledge base.