Forex

The Pound Sterling (GBP) has nudged a little higher in quiet Asian and European trade after closing on the lows yesterday, Scotiabank’s Chief FX Strategist…

The price of a barrel of Brent crude temporarily traded at just over $80, close to the perceived ‘pain threshold’ of the OPEC+ production cartel: At this price…

Oil prices remained at just over $80, a barrel of Brent crude was temporarily as cheap as it was last at the beginning of June, Commerzbank’s Commodity Analyst…

Gold has fallen in recent days, but after a price increase of almost $200 between the end of June and mid-July, Commerzbank’s Commodity Analyst Barbara…

US Dollar DXY struggling to rebound amid mixed PCE figures and anticipations of Fed cuts. The possibility of a rate decrease by the Fed in September…

Executive Board member of the European Central Bank (ECB) Isabel Schnabel hit the wires late on Friday noting that a single cut from the ECB doesn't…

GBP/USD Price Analysis: Stays subdued at around 1.2850 The Pound Sterling clings to minuscule gains on Friday after the latest inflation report in the United…

GBP/USD stabilizes at 1.2858 after sellers failed to clear the 1.2900 level. Momentum favors buyers, but long positions in Sterling risk vulnerability if…

The Canadian Dollar (CAD) is slightly firmer on the session and while it remains down (0.6%) on the week versus the US Dollar (USD), it remains a clearly…

AUD/USD continues to consolidate above 0.6520 after mixed cues from the US PCE inflation report for June. Annual headline PCE decelerated expectedly, the…