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New Zealand's Retail Sales climb 0.5% QoQ in Q2 vs. 0.2% expected
New Zealand's Retail Sales, a measure of the country's consumer spending, climbed 0.5% QoQ in the second quarter (Q2) of 2025 from the previous reading of 0.8%, according to the official data published by Statistics New Zealand on Monday. This figure came in above the market consensus of 0.2%.
EUR/USD surges above 1.17 as Powell hints at September Fed cut
EUR/USD skyrockets during the North American session after Federal Reserve (Fed) Chairman Jerome Powell leaned dovish at his Jackson Hole speech, opening the door for a resumption of the easing cycle. The pair trades at 1.1718, up by 0.97%.
Dow Jones Industrial Average hits record highs after dovish Powell appearance
The Dow Jones Industrial Average (DJIA) soared to new all-time highs on Friday, testing above 45,700 for the first time since the index's inception.
Gold climbs as Powell flags rising labor risks, dovish Fed tilt
Gold prices continue to trend higher on Friday after the Federal Reserve (Fed) leaned dovish, as commented by the Fed Chair Jerome Powell, who said that "downside risks to the labor market are rising." XAU/USD trades at $3,371 after hitting a daily low of $3,321.
USD/CHF tumbles as Powell's Jackson Hole remarks trigger US Dollar selloff
The Swiss Franc (CHF) surges against the US Dollar (USD) on Friday after Federal Reserve (Fed) Chair Jerome Powell's remarks at the Jackson Hole Symposium triggered a broad-based Greenback selloff.
NZD/USD rebounds from four-month low as Powell's Jackson Hole remarks sink US Dollar
The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) on Friday, with NZD/USD rebounding from its lowest level since April 11 as traders reacted to Federal Reserve (Fed) Chair Jerome Powell's cautious remarks at the Jackson Hole Economic Symposium.
USD/CAD slides as Powell turns dovish, Canadian Retail Sales beat
The USD/CAD tumbles over 0.49% during the North American session as the Fed Chair Jerome Powell leans dovish and strong Canadian Retail Sales, boosted the Loonie. At the time of writing, the pair trades at 1.3835 after hitting a daily high of 1.3924.
USD/JPY retreats from three-week high as Powell's remarks amplify September rate cut bets
The Japanese Yen (JPY) advanced strongly against the US Dollar (USD) on Friday, with USD/JPY retreating from an intraday high of 148.78 to trade near 146.66, down almost 1% on the day.
EUR/USD jumps above 1.1700 on Powell's dovish words
The US Dollar (USD) collapsed as Federal Reserve (Fed) Chair Jerome Powell delivered his speech at a Jackson Hole Symposium, with EUR/USD peaking at 1.1707, up roughly 100 pips in the last few minutes.
GBP/USD jumps past 1.3500 as Powell leans dovish
The GBP/USD rallies as the Fed Chair Jerome Powell takes the stand at the Jackson Hole Symposium. At the time of writing, the pair trades above 1.3500 after Powell hints that the Fed might be ready to resume its easing cycle.
Silver extends rally as Powell's Jackson Hole remarks boost Fed cut bets
Silver (XAG/USD) rallies sharply on Friday, rebounding from an intraday low of $37.70 to trade near $38.70, up around 1.40% on the day.
AUD/USD rises toward 0.6500 as USD weakens on dovish Powell tone
Following the bearish action seen throughout this week, AUD/USD reversed its direction and climbed toward 0.6500 in the American session on Friday, erasing a portion of its weekly losses in the process.
Copper mines are unable to keep up with refined Copper production - Commerzbank
According to figures published this week by the International Copper Study Group, mine production rose by 2.7% in the first half of this year compared with the same period last year.
Strong increase in Swiss Gold exports to the US - Commerzbank
Switzerland exported larger quantities of Gold to the US again in July, according to foreign trade data from the Federal Customs Administration, Commerzbank's commodity analyst Carsten Fritsch notes.
Increase in Saudi Arabia's Oil production doesn't lead to higher export supply - Commerzbank
Saudi Arabia exported less Crude Oil in June despite a significant increase in Oil production, according to data from the Joint Organizations Data Initiative (JODI), Commerzbank's commodity analyst Carsten Fritsch notes.
Sharp decline in US Crude Oil inventories, gradual easing of distillate supplies - Commerzbank
Oil prices received support in the middle of the week from an unexpectedly sharp decline in US Crude Oil inventories last week of 6 million barrels, as reported by the US Department of Energy, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold tops $3,350 as Powell puts September rate cut on the table
Gold price rises as the Fed Chair Jerome Powell opens the door for a September rate cut as he said that "downside risks to the labor market are rising." At the time of writing, the XAU/USD trades volatility, surpassing the $3,350 initial resistance, up by 0.40%.
Canadian Dollar weakens to three-month low despite upbeat Retail Sales
The Canadian Dollar (CAD) continues to lose ground against the US Dollar (USD) on Friday, marking its fourth consecutive daily decline, as the Greenback strengthens across the board. At the time of writing, the USD/CAD pair is trading around 1.3920, its strongest level since May 21.
Fed's Collins: Don't rule out a larger and more persistent impact of tariffs on inflation
In an interview with Bloomberg on Friday, Federal Reserve Bank of Boston President Susan Collins said that the overall economic fundamentals in the United States are relatively solid, per Reuters.
EUR/GBP consolidates above 0.8650 as German GDP contracts and UK sentiment improves
The EUR/GBP cross is trading with subdued price action on Friday, consolidating above the 0.8650 level after paring earlier losses during the American session.
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