Forex

Pound Sterling (GBP) may decline toward 1.3400; a clear break below this level appears unlikely. In the longer run, GBP is likely to trade in a range between 1.3360 and 1.3525, UOB…

ICE Brent was trading above $65/bbl while NYMEX WTI was seen approaching $62/bbl this morning, amid a modest OPEC+ production increase for November and higher geopolitical risks.…

The Euro has taken a beating on Monday, following the unexpected resignation of France’s Prime Minister Sébastien Lecornu. The EUR/JPY has wobbled from long-term highs at 176.25 to…

Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $48.71 per troy ounce, up 1.51% from the $47.99 it cost on Friday. Silver prices have…

EUR/USD has struggled to find a catalyst for a big break higher – i.e., above 1.180 – despite some accumulation of negative US news. The bar to sell dollars appears higher, and the…

EUR/USD has returned to levels above 1.1670 ahead of the US session opening but remains way below the 1.1730 session highs reached during Monday's Asian session. The unexpected…

Sanae Takaichi won the leadership election of the Liberal Democratic Party (LDP) over the weekend. Given her affinity for 'Abenomics' - the ultra-expansionary fiscal and monetary…

The Pound Sterling (GBP) trades 0.4% lower to near 1.3420 against the US Dollar (USD) during the European trading session on Monday. The GBP/USD pair faces selling pressure as the…

Weekend news suggests very little progress towards ending the US government shutdown, which means further delays in government-issued data. This will probably be another abnormal…

Composite PMIs show moderating economic activity, following August’s 14-month high. Manufacturing remains supported by tariff front-loading; global supply, price pressures are…