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Forex
USD/JPY jumps to near 148.00, investors await US CPI data
USD/JPY advances to near 148.00 as the US Dollar gains ahead of the US inflation data for August.Economists expect the US headline CPI to have grown at a…
CAD is about as ‘undervalued’ as it was in the spring – Scotiabank
Canadian Dollar (CAD) softness is extending as markets look ahead to next week’s BoC policy decision and the prospect of a 1/4 point cut in the target rate,…
Pound Sterling declines against US Dollar ahead of US inflation data
The Pound Sterling falls to near 1.3500 against the US Dollar ahead of the US CPI data for August.The US inflation data will influence market speculation for…
GBP down marginally ahead of trade/IP data Friday – Scotiabank
The Pound Sterling (GBP) is down 0.2% against the US Dollar (USD) and a mid-performer among the G10 as we head into Thursday’s NA session, Scotiabank's Chief…
Gold consolidates below $3,650 despite softer US Dollar and Treasury yields
Gold consolidates below $3,650 as investors digest mixed US CPI data.Soft US PPI, weak labor market data, and a mixed CPI report keep Fed rate cut bets alive,…
JPY is underperforming on political developments – Scotiabank
The Japanese Yen (JPY) is weak, down 0.3% against the US Dollar (USD) and underperforming all of the G10 currencies into Thursday’s NA session, Scotiabank's…
Silver Price Forecast: XAG/USD consolidates near $41.00 ahead of US CPI
Silver consolidates near $41.00 as traders await the key US CPI report.A stronger CPI print may fuel Dollar strength and weigh on precious metals, while softer…
US weekly Initial Jobless Claims rise to 263K vs. 235K expected
Initial Jobless Claims in the US rose by 27,000 in the week ending September 6.The US Dollar Index stays in negative territory below 98.00.There were 263,000…
Breaking: US CPI inflation rises to 2.9% in August as expected
Annual inflation in the United States (US), as measured by the change in the Consumer Price Index (CPI), rose to 2.9% in August from 2.7% in July, the US…
EUR/USD climbs to 1.1700 as ECB holds steady, US CPI reinforces Fed cut bets
The Euro (EUR) reverses sharply against the US Dollar (USD) on Thursday, snapping a two-day losing streak and climbing back above the 1.1700 mark as traders…