Forex

The Gold price rose to a record high this week, buoyed by expectations of early Federal Reserve (Fed) interest rate cuts, Commerzbank’s commodity strategist…

USD/CAD gains further to near 1.3750 after downbeat Canadian Retail Sales data for May. Canadian Retail Sales contracted at a faster-than-expected pace,…

The Canadian Dollar (CAD) has slipped a little in overnight trade, Scotiabank’s chief FX strategist Shaun Osborne notes. Resistance above the market sits at…

The European Central Bank (ECB) policy decision came and went as expected—no change in rates and little in terms of forward guidance beyond reaffirming ‘data…

USD/INR concludes the week on a promising note as US Dollar extends its upside. The expectations for Donald Trump winning US presidential elections have…

The Pound Sterling (GBP) losses have extended to the 1.29 area following weaker than expected UK Retail Sales data for June, Scotiabank’s chief FX strategist…

Positioning risks are asymmetrically skewed to the downside for the first time in months, TDS Senior Commodity Strategist Daniel Ghali notes Positioning risks seem skewed to the…

Demand expectations embedded in the complex is declining at a fast clip, TDS Senior Commodity Strategist Daniel Ghali notes. Beijing to take a more forceful…

AUD/USD falls more than 1.30% in the week on risk-off mood. China’s weaker-than-expected growth figures in Q2 and Iron ore prices are a headwind for the…

EUR/USD dips slightly under 1.09. ECB kept rates on hold as expected and left a September rate decision ‘wide open’ and data dependent, DBS FX & Credit…