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Forex
USD/CHF languishes around 0.7960 with US Consumer Sentiment on focus
The US Dollar wavers around 0.7960 after rejection from 0.8000 on Thursday.A large increase in US Jobless Claims cemented hopes of Fed easing and capped USD's…
USD/INR ticks down as India’s retail inflation grew faster in August
The Indian Rupee rebounds against the US Dollar to near 88.40 as India’s CPI grew at a faster pace in August.US Commerce Secretary Lutnick said that a trade…
Pound Sterling drops as UK GDP growth remains stagnant in August
The Pound Sterling drops against its major currency peers after weak UK GDP and factory data for July.UK GDP growth remained stagnant in August, as expected.US…
Silver Price Forecast: XAG/USD hits fresh long-term highs at $42.45
Silver rall¡ies further on US Dollar weakness and hits fresh long-term highs at $42.45.
Weak US employment data and moderate inflation pave the path for a…
USD ending week with broad gains – Scotiabank
The US Dollar (USD) is strengthening broadly—albeit modestly—into Friday’s NA session and showing gains against all of the G10 currencies, Scotiabank's Chief…
CAD steady and outperforming on crosses – Scotiabank
The Canadian Dollar (CAD) is trading flat against the US Dollar (USD) and outperforming all of its G10 peers on the crosses, ending the week also unchanged…
EUR is unchanged on the daily chart – Scotiabank
The Euro (EUR) is flat, trading unchanged from Thursday’s close with overnight releases limited to as expected, final CPI figures from Germany and France.…
EUR/USD wavers within range ahead of US Consumer Sentiment data
The Euro trims previous gains as the US Dollar bounces up on a choppy trading session.ECB's Rehn has warned about the downside risk for inflation stemming from…
Pound Sterling Price News and Forecast: GBP/USD eases after a daily high, as the US Dollar recovers
GBP/USD slips as US Dollar steadies ahead of Fed, BoE meetings
The Pound Sterling (GBP) retreats during the North American session on Friday by a modest 0.10%…
WTI jumps to near $63 as EU plans to block Russian Oil imports
WTI climbs to near $63.00 as the EU is planning to accelerate phasing out Russian energy imports.Russia has been selling Oil at lower prices amid sanctions…