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Forex
Hawkish interest rate cut by the Bank of England – Commerzbank
Ultimately, the Bank of England delivered on the promise of an exciting decision, Commerzbank's FX analyst Michael Pfister notes. BoE delivers a hawkish…
Pound Sterling outperforms US Dollar, focus shifts to UK employment, US CPI data
The Pound Sterling trades firmly against the US Dollar around 1.3450 as traders trim bets supporting BoE’s interest-rate cuts this year.Fed Governor Waller…
GBP/USD: Surprise vote split – OCBC
Pound Sterling (GBP) rose on BoE decision. GBP was last at 1.3440, OCBC's FX analysts Frances Cheung and Christopher Wong note.Daily momentum shows tentative…
EUR: Markets to tread carefully on Ukraine truce hopes – ING
After an initial positive spillover on the euro from news of Trump meeting with Putin next week, markets now need to assess how realistic a truce is, ING's FX…
Breaking: Canada Unemployment Rate holds steady at 6.9% in July vs. 7% forecast
The Unemployment Rate in Canada remained unchanged at 6.9% in July, Statistics Canada reported on Friday. This reading came in below the market expectation of…
USD/JPY rises beyond 147.50 amid a broadly firmer US Dollar
The US is showing a moderate bullish bias favoured by Speculation that Waller will be Powell's replacement as Fed Chair.Soft US employment data and hopes of…
SEK seen outperforming NOK as geopolitical risk fades – ING
Scandinavian currencies should also do well if geopolitical risk is priced out, with Sweden's krona likely better positioned than Norway's krone due to…
USD/JPY: Consolidation on the daily chart – OCBC
USD/JPY consolidated this week, in absence of fresh catalyst as markets await US CPI next Tuesday. Pair was last at 14784 levels, OCBC's FX analysts Frances…
Japanese official: Bank of Japan may be behind the curve vs. inflation
A private-sector member of the Japanese government’s Economic Council said on Thursday that he is “worried that the Bank of Japan (BoJ) may be behind the curve…
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data.
Silver trades at $38.20 per troy ounce, up
1.09% from the $37.79 it cost on…