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Forex
USD/CNH is still trading in a range – UOB Group
US Dollar (USD) is likely to consolidate; firmer underlying tone suggests a higher range of 7.1820/7.1980. In the longer run, USD is still trading in a range;…
Pound Sterling starts the week on a positive note while traders eye UK-US data
The Pound Sterling gains to near 1.3480 against the US Dollar as firm expectations of Fed rate cuts weigh on the Greenback.Fed Governor Bowman said she sees…
Pound Sterling Price News and Forecast: GBP/USD could extend uptrend once it clears 1.3490-1.3500
GBP/USD Forecast: Pound Sterling could extend uptrend once it clears 1.3490-1.3500GBP/USD moves sideways above 1.3450 after gaining more than 1% in the…
WTI Crude Oil steadies after seven-day slide, markets eye US-Russia peace talks
WTI Crude Oil rises on Monday, breaking a seven-day losing streak and rebounding from a two-month low.Market focus shifts to US-Russia peace talks on Ukraine…
GBP consolidating recent gains – Scotiabank
The Pound Sterling (GBP) is steady, entering Monday’s NA session flat vs. the USD as it consolidates last week’s gains, Scotiabank's Chief FX Strategists Shaun…
USD/CHF rallies beyond 0.8100 with all eyes on trade talks and US CP
The US Dollar appreciates, and the CHF extends losses on risk-on markets.Investors are wary of betting against the US Dollar ahead of Tuesday's US CPI…
JPY steady in quiet trade – Scotiabank
The Japanese Yen (JPY) is entering Monday’s NA session flat against the US Dollar (USD) as it consolidates just above the lower end of its recent narrow range,…
Gold falls on optimism over Russia-Ukraine peace talks
Gold starts the week lower, weighed by improved risk appetite and optimism over potential progress in Russia-Ukraine peace talks.Fed rate cut expectations…
Nasdaq Elliott Wave: Still in wave three
Executive summary
Trend bias: Bullish wave iii nearing its end.
Immediate target: 24,165 based on 1.618 extension of wave i.
Key level: Wave iv decline is…
Saudi Arabia raises selling prices for customers in Asia – Commerzbank
Saudi Arabia has raised its official selling prices for oil deliveries to Asia in September, Commerzbank's commodity analyst Carsten Fritsch notes. Buyers of…