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Forex
EUR drifts back under 1.17 but well supported on dip – Scotiabank
The Euro (EUR) is marginally softer on the session—but trading nicely off the low as our session gets going, Scotiabank's Chief FX Strategists Shaun Osborne…
How to choose a custodian for your IRA
Opening an Individual Retirement Account (IRA) is a key step in your retirement planning, along with preparing your Social Security entitlements. But once…
USD/CNH: A clear break below 7.1700 is unlikely – UOB Group
There is a chance for US Dollar (USD) to test 7.1700; a clear break below this level is unlikely. In the longer run, downward momentum is building; for a…
GBP remains firm on positive data surprises – Scotiabank
Pound Sterling (GBP) remains well-supported in the upper 1.35s following this morning’s slew of UK data releases, Scotiabank's Chief FX Strategists Shaun…
US annual PPI jumps to 3.3% in July vs. 2.5% expected
Producer inflation in the US rose at a much stronger pace than expected in July.US Dollar Index stays in positive territory above 98.00.The Producer Price…
US: Initial Jobless Claims dropped to 224K last week
Initial Jobless Claims fell to 224K vs. the previous week.Continuing Jobless Claims decreased to 1.953M.According to a report from the US Department of Labour…
EUR/GBP stabilises above 0.8600 after UK GDP beats forecasts, Eurozone data falters
EUR/GBP trades near 0.8605, stabilising above the 0.8600 psychological support after hitting a two-month low of 0.8596UK GDP grew 0.4% in June and 0.3% in Q2,…
Dow Jones futures crash as wholesale inflation soars
Annual core wholesale inflation jumps from 2.6% to 3.7%. Trump administration tariffs are believed to be the culprit. Dow Jones futures drop 200 points on…
USD/INR falls as increasing Fed’s interest rate cut bets weigh on US Dollar
The Indian Rupee gains against the US Dollar as the latter has been battered by intensifying Fed dovish expectations.The US core inflation grew at a faster…
NZD/USD might reach 0.6000 in the sort run – UOB Group
Upward momentum is building, but not significantly; New Zealand Dollar (NZD) could edge higher, but it is currently unclear if it can reach 0.6000, UOB Group's…