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Forex
GBP faces headwinds despite budget relief – Rabobank
The Pound Sterling (GBP) remains under pressure heading into 2026 amid flat UK growth and the Bank of England’s ongoing easing cycle. Political uncertainties and ECB rate…
Russian seaborne Oil exports hit highest level since early 2022 – Commerzbank
Russian seaborne Crude exports have surged to multi-year highs, but a growing share appears unsold and stored afloat. Despite this jump, the IEA notes that Russia’s overall Oil…
Gold nears record highs as dovish Fed outlook underpins demand
Gold (XAU/USD) extends its advance on Friday as expectations build for further monetary policy easing by the Federal Reserve (Fed) after this week’s interest rate cut. At the time…
EUR/GBP steady as German inflation holds, UK GDP fuels BoE easing bets
EUR/GBP trades without a clear direction on Friday, hovering around 0.8760 at the time of writing, with the pair remaining stable despite contrasting macroeconomic developments…
USD edges higher as global equities hit record highs – BBH
USD recovered some of yesterday’s losses and trading close to the middle of its range in place since June. The MSCI All Country World Index rallied to a record high yesterday…
EUR/USD corrects lower with its broader bearish trend intact
EUR/USD posts marginal losses, trading right below 1.1730 on Friday after pulling back from its highest levels in more than two months at 1.1762 reached on Thursday. The increasing…
USD/CNH extends decline as CNY fix hits 14-month low – OCBC
USD/CNH continues to drift lower amid a softer US Dollar (USD) and another strong CNY fix, with the PBoC guiding the RMB along a controlled appreciation path. USD/CNH last seen at…
Extends losing streak for fourth trading day
The USD/CAD pair extends its losing streak for the fourth trading day on Friday. The Loonie pair trades 0.1% lower to near 1.3750 during the European trading hours. The pair is…
Indian Rupee hits record low on absence of US-India trade deal breakthrough
The Indian Rupee (INR) extends its decline against the US Dollar (USD) on Friday, with the USD/INR pair hitting fresh all-time highs at 90.86. The Indian currency continues to…
UK GDP unexpectedly falls by 0.1% MoM in October vs. +0.1% expected
The UK economy remained in contraction in October, with the Gross Domestic Product (GDP) declining by 0.1% following a 0.1% drop reported in September, the latest data published by…