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Forex
Pound Sterling Price News and Forecast: GBP declines on rising UK fiscal worries
Pound Sterling declines on rising UK fiscal worries, Fed Daly's speech eyedThe Pound Sterling (GBP) tumbles against its major peers on Friday as long-dated…
MP continues to report operating losses: Can it bounce back?
MP Materials Corp. (MP) has reported operating losses and negative operating margins for consecutive eight quarters, due to escalating costs. In 2024, the…
GBP/USD sinks after BoE holds rates steady, UK Retail Sales in the barrel
GBP/USD backslid over 0.5% on Thursday after the BoE stubbornly held rates steady.UK inflation continues to be an overarching problem limiting the BoE’s policy…
EUR/GBP climbs to six-week highs as UK stagflation concerns weigh on Sterling
EUR/GBP extends gains for a second day, climbing to six-week highs.The British Pound is under pressure despite stronger UK Retail Sales data.UK stagflation…
United States FX Today: The US Dollar between dissension at the Fed and an avalanche of speeches
The US Dollar (USD) is up on Friday, with the US Dollar Index (DXY) trading at 97.74, up 0.4% on the session. The rebound from Wednesday's Federal Reserve…
Gold edges higher as Fed easing outlook cushions downside
Gold trades near $3,670 on Friday, snapping a two-day losing streak after the Fed’s interest rate cut.The US Dollar and Treasury yields extend post-Fed rebound…
Silver Price Forecast: XAG/USD recovery holds above $41.50 as buyers regain momentum
Silver extends its recovery on Friday after testing support near the $41.50.A retest of the 14-year high at $42.97 remains on the radar for bulls.RSI has…
Australia FX Today: Australian Dollar weaker ahead of September PMIs
The Australian Dollar (AUD) is trading slightly lower against the US Dollar (USD) on Friday, with the AUD/USD pair at 0.6595. But with the flash S&P Global…
USD/CAD falls back ahead of US Initial Jobless Claims data
USD/CAD retreats to near 1.3775 ahead of the US Initial Jobless Claims data for the week ending September 12.Individuals claiming jobless benefits for the…
USD/JPY: Likely to trade in a range of 146.30/147.35 – UOB Group
US Dollar (USD) is likely to trade in a range of 146.30/147.35. In the longer run, downward momentum has slowed, but there is a slim chance for USD to revisit…