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Forex
USD: Markets price in macro versus Trump narrative – ING
With the exception of some strengthening in the euro and the Norwegian krone thanks to a post French-vote relief, the dollar has had a good start to the week.…
US Dollar back to square one ahead of Fed and ECB comments
The US Dollar turns flat ahead of US session after gaining in early trading.
The bond market is signalling issues ahead with Trump’s spending plans.
The…
Natural Gas sinks over 1% with selling pressure remaining
Natural Gas snaps below $2.50 and flirts with a six-week low.
A Louisiana judge has lifted Biden’s ban on new licenses for LNG exports.
The US Dollar…
NZD/USD: Turns lower under 200-DMA – BBH
NZD/USD edged lower under its 200-day moving average (0.6071), BBH analysts note.
35% of firms expect a deterioration in the economic outlook
“The NZ…
China: The third plenum is set to focus on economic reforms – UOB Group
China’s official manufacturing PMI remained in contraction for the second consecutive month in Jun while the non-manufacturing PMI slipped to its lowest…
USD/CNH: A break above 7.3100 is likely – UOB Group
Chance for USD to edge above 7.3100, but it is unlikely to be able to maintain a foothold above this level. If it breaks above 7.3100, the next significant…
Gold confined to a range with bullish long-term prospects
Gold is trading in a narrow range as the outlook for a key driver – US interest rates – remains opaque.
The Fed continues to weigh up the pros and cons of…
USD/CAD gains traction above 1.3700 as US Dollar rebounds ahead of Fed’s Powell speech
USD/CAD holds positive ground around 1.3745 in Tuesday’s early European session.
The Fed’s cautious stance continues to underpin the Greenback, creating a…
EUR/GBP holds positive ground above 0.8450 ahead of Eurozone inflation data
EUR/GBP gains momentum near 0.8490 in Tuesday’s early European session.
The Euro gains ground after results from the first round of French elections.…
Gold price maintains its offered tone below 50-day SMA, looks to Fed Chair Powell’s speech
Gold price meets with a fresh supply on Tuesday amid some follow-through USD buying.
Rising bets for a September Fed rate cut should limit any further…