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Forex
USD/CHF slides as US data paints a picture of a cooling economy
USD/CHF is falling on US Dollar weakness as data out of the US paints a picture of a cooling US economy.
Recent services’ sector and labor-market data hint…
US Dollar manage to salvage the early decline ahead of US Jobs Report
The US Dollar retreats for a fourth straight day this week.
Newswires are swamped with UK and French election news ahead of the US Employment Report.
The…
CNY rates: PBOC announces bonds borrowing – DBS
The People’s Bank of China (PBOC) announced CGB borrowing from primary dealers earlier this week. Reportedly, the central bank identified two potential…
Natural Gas extends losing streak after Netanyahu’s ceasefire action
Natural Gas enters its ninth straight day of red numbers.
Gas traders are sending prices lower, with Netanyahu open for a diplomatic solution.
The US…
AUD/USD: The pair may surpass 0.6755 – UOB Group
The Australian Dollar (AUD) is likely to edge higher, and the 0.6755 level is expected to offer solid resistance. If AUD can surpass 0.6755, it could continue…
GBP/USD: There is a solid resistance level at 1.2805 – UOB Group
The Pound Sterling (GBP) is expected to trade in a sideways range between 1.2725 and 1.2775, but risk for GBP has shifted to the upside. Note that there is a…
NFP Forecast: US Nonfarm Payrolls growth set to ease down in June
US Nonfarm Payrolls are expected to rise 190K in June, slowing from May’s 272K increase.
The United States Bureau of Labor Statistics will release the…
EUR/GBP weakens below 0.8500 amid weaker German Industrial Production, Labour Party wins UK election
EUR/GBP trades with a mild bearish bias around 0.8475 in Friday’s early European session.
Labour Party has won 337 seats in the parliamentary election,…
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Friday, according to data compiled by FXStreet.
The price for Gold stood at 6,344.70 Indian Rupees (INR) per gram, up…
USD/INR trades on positive note, investors await US NFP data
The Indian Rupee loses traction in Friday’s Asian session.
Higher crude oil prices and persistent local US Dollar (USD) demand weigh on the INR. …