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Forex
Pound Sterling Price News and Forecast: GBP/USD extends losses and approaches 1.2600
GBP/USD Price Analysis: Extends losses and approaches 1.2600
The Pound Sterling prolonged its agony and fell for the second straight day after the Bank of…
Crude Oil proves resilient to the downside – TDS
Crude Oil continues to prove resilient, with inventory draws offering modest support to the complex, TDS strategists say.
Crude Oil stays strong amid CTA…
Gold reverses gains after release of higher-than-expected US PMI data
Gold pares earlier gains on Friday following the release of higher-than-expected US PMI data.
The data showed US Manufacturing and Services activity…
USD: Stronger after European central banks events – ING
Central bank events in Europe gave the Dollar some support on Thursday, Francesco Pesole, FX Strategist at ING argues.
DXY may trade closer to 106.00
“The…
EUR/USD can trade lower into the US core PCE/French election events – ING
With dovish signals from the European Central Bank’s (ECB) major European counterparts (the Bank of England and Swiss National Bank) and investors' nerves…
BoE August cut more likely, EUR/GBP rebound can wait – ING
Thursday’s Bank of England (BoE) statement and minutes suggested officials are getting closer to cutting interest rates, ING’s FX Strategist Francesco Pesole…
UK mixed data, election turmoil weigh on Pound Sterling – Scotiabank
Data from the United Kingdom reflects a mixed picture of the economy. The Pound Sterling (GBP) has underperformed on the week relative to most of its core…
USD/CAD: Second consecutive weekly gain is on the cards – Scotiabank
The Canadian Dollar (CAD) is little changed on the session after edging through the upper 1.3600s in overnight trade, but it is having a decent week relatively…
USD/JPY rallies past 159 on rebound in US Dollar, Japanese disinflation
USD/JPY rallies to over 159 as US Dollar gains on hawkish Fedspeak and weakening Yen.
Slide in Japanese underlying inflation suggests BoJ will not be able…
Oil locks in second straight week of gains with hurricane season underway in the US
Oil prices are set for a second consecutive week of gains despite facing a bit of profit-taking on Friday.
Traders see a rosy outlook for US demand in the…