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Forex
Pound Sterling Price News and Forecast: GBP/USD extends gains due to risk-on sentiment
GBP/USD rises to near 1.2750 despite diminishing expectations for Fed rate cuts
GBP/USD advances for the second successive session, trading around 1.2740,…
Japanese Yen appreciates after BoJ Ueda comments to re-anchor inflation expectations
The Japanese Yen gained ground amid improved risk appetite on Monday.
BoJ Governor Kazuo Ueda said there is a need to re-anchor inflation expectations at…
Australian Dollar advances amid risk-on mood, light trading
The Australian Dollar gained ground due to risk-on after softer UoM 5-year Inflation Expectation on Friday.
Australian equities rose above 7,770, following…
WTI remains above $77.50 due to improved risk appetite
WTI Oil price attempts to extend its gains due to a recovery in overall market risk sentiment.
University of Michigan's 5-year Consumer Inflation…
EUR/USD posts modest gains near 1.0850 on stronger PMI, weaker US Dollar
EUR/USD trades with mild gains near 1.0850 in Monday’s early Asian session.
The stronger US data and the Fed’s hawkish stance might lift the USD and cap the…
AUD/USD gathers strength above 0.6630 on weaker US Dollar
AUD/USD kicks off the new week on a positive note around 0.6632 on Monday.
The US Durable Goods Orders came in better than expected; the UoM Consumer…
EUR/GBP recovers to 0.8530 as ECB Schnabel disagrees with rate cuts in July
EUR/GBP rebounds to 0.8530 as ECB Schnabel doubts over rate cuts in July.
The Euro has strengthened due to strong preliminary Eurozone PMI data for May.…
GBP/USD Price Analysis: Subdued despite climbing above 1.2700
GBP/USD jumps above 1.2700 on softer US data, yet the pair remains sideways.
Key resistance emerges at 1.2761, 1.2800, and the YTD high near 1.2900.…
USD/THB challenges the 20-day SMA, as the Dollar holds steady
The USD/THB modestly advances in Friday’s session standing near 36.63.
Fed officials exercising caution against premature policy easing limits further…
Crude Oil pares losses, WTI rebounds into congestion on Friday
WTI bounced back above $77.50 in broad market sentiment rebound.
Crude Oil markets are recovering despite ongoing concerns over US oversupply.
Fed rate cut…