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Forex
DXY: Upside is capped around 104.4-104.8 – DBS
The Dollar Index (DXY) initially rose 0.2% to 104.32 on the “Trump Trade”, but returned to last Friday’s 104.09. DXY needs to break below 104 to move towards…
Gold pulls back after US Retail Sales beats expectations
Gold corrects back after the release of stronger-than-expected US Retail Sales data for June.
The precious metal had been rallying after the Chairman of the…
Pound Sterling slumps after better-than-expected US Retail Sales
The Pound Sterling slides below 1.3000 against the US Dollar,on better-than-expected US Retail Sales report for June.
Fed’s Powell admitted that recent…
US Dollar rallies on strong US data as Retail Sales outperforms
The US Dollar jumps higher on the back of US Retail Sales data.
Traders are pricing in a Trump victory with the Fed keeping a lit on projections.
The US…
Japanese Yen eases for second straight day as intervention impact fades out
The Japanese Yen slides lower against the Greenback, moving away from support levels.
Fed Chairman Powell keeps his lips sealed on what the Fed will do…
EUR/USD remains firm near 1.0900 with focus on ECB policy meeting
EUR/USD consolidates near 1.0900 as investors shift focus to the US monthly Retail Sales and the ECB policy meeting.
The ECB is expected to leave interest…
Mexican Peso weakens after Trump assassination attempt
The Mexican Peso has lost ground in its major pairs after the assassination attempt on Donald Trump.
Trump’s poll ratings improved after the incident and…
Canada CPI Preview: Lower inflation in June could strengthen the case for the BoC to cut interest rates further
The Canadian Consumer Price Index is expected to lose some traction in June.
The BoC reiterated that inflation is heading towards the target.
The Canadian…
Forex Today: US Dollar recovers modestly, key data releases coming up
Here is what you need to know on Tuesday, July 16:
Following the previous week's sharp decline, the US Dollar (USD) Index edges higher early Tuesday after…
Pakistan Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Pakistan on Tuesday, according to data compiled by FXStreet.
The price for Gold stood at 21,778.21 Pakistani Rupees (PKR) per…