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Forex
Pound Sterling Price News and Forecast: GBP/USD buyers hesitate as key resistance holds
GBP/USD Forecast: Pound Sterling buyers hesitate as key resistance holdsGBP/USD fluctuates above 1.3500 in the European session on Wednesday after posting…
Gold climbs to $3,646 as soft US PPI and geopolitical risks lift safe-haven demand
Gold trades near record high after US PPI disinflation boosts odds of September Fed easing.Payrolls revision and softer producer prices strengthen the case for…
USD/CAD ticks up above 1.3850 with all eyes on the US PPI report
The US Dollar crawls higher amid Canadian Dollar weakness and reaches fresh two-week highs above 1.3850.Downbeat data from Canada has offset the negative…
JPY: Markets assess political developments and BoJ outlook – Scotiabank
The Japanese Yen (JPY) is trading flat against the US Dollar (USD) and consolidating in an incredibly tight range as market participants await Friday’s…
NZD/USD Price Forecast: Aims to extend upside towards 0.6000
NZD/USD advances to near 0.6000 as the NZ Dollar capitalizes on an upbeat market mood.Inflation in China declined at a faster-than-expected pace in…
EUR/USD steadies above 1.1700 after US PPI miss, attention shifts to ECB
EUR/USD edges higher as the US Dollar weakens after soft PPI dataUS PPI fell 0.1% MoM in August, reinforcing bets on a Fed rate cut next week.Focus shifts to…
Canadian Dollar falls once again as Loonie support withers
The Canadian Dollar fell another 0.15% on Wednesday.The Loonie continues to decline against the Greenback.Fed rate cut bets continue to ride high, while…
Pound Sterling wobbles against US Dollar, investors await US PPI data
The Pound Sterling rises against its main currency peers as the market sentiment remains favorable for riskier assets.The UK economy is expected to have…
EUR/USD consolidates losses with markets awaiting US inflation figures
The Euro hovers around 1.1700 after retreating from 1.1780 highs following reports of Russian drones in Poland's airspace.The US Dollar Index bounces from lows…
Euro slides against Pound as ECB decision looms amid geopolitical tensions
The Euro extends its decline against the British Pound for a second straight day.Traders stay cautious ahead of the ECB monetary policy decision on…