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Forex
EUR/USD holds gains as a potential US government closure grabs the focus
The Euro appreciates to the 1.1725 area on concerns about a possible government shutdown in the US.US President Trump will meet congressional leaders 24 hours…
Pound Sterling outperforms US Dollar amid US government shutdown risks
The Pound Sterling climbs to near 1.3450 against the US Dollar as the US government faces shutdown risks.BoE’s Dhingra supports quick interest rate cuts amid…
CAD steadier but underperforms versus majors – Scotiabank
The Canadian Dollar (CAD) has picked up a little ground in quiet trade to move back through the low 1.39s but its broader underperformance is extending and the…
USD/JPY: Odds of reaching 150.90 – UOB Group
US Dollar (USD) could rise further to 150.15, with lesser odds of reaching 150.90, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. Below 148.50,…
EUR is seeing marginal gains – Scotiabank
The Euro (EUR) is entering Monday’s NA session with a marginal 0.1% gain as it attempts to extend its modest recovery from last week’s lows, Scotiabank's Chief…
USD/CNH: Above 7.1500, the next level to watch is 7.1600 – UOB Group
Upward momentum continues to increase; if US Dollar (USD) breaks above 7.1500, the next level to watch is 7.1600, UOB Group's FX analysts Quek Ser Leang and…
GBP: Chancellor Reeves reinforces commitment to fiscal rule – Scotiabank
The Pound Sterling (GBP) is up 0.2% against the US Dollar (USD), a mid-performer among the G10 currencies in an environment of broad-based USD weakness,…
JPY outperforming on BoJ – Scotiabank
The Japanese Yen (JPY) is strong, up 0.6% against the US Dollar (USD) and outperforming all of the G10 currencies on the back of hawkish comments from a noted…
Silver Price Forecast: XAG/USD trades below $47.00, near its highest level since May 2011
Silver extends its consolidative price move amid extremely overbought conditions.The range-bound price action could be seen as a brief pause before the next…
Fed’s Hammack: Elevated services inflation is a concern
Federal Reserve Bank of Cleveland Beth Hammack struck a cautious tone in remarks on Monday, underscoring persistent inflation pressures and emerging strains in…