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Forex
Pound Sterling trades sideways while BoE seems to cut interest rates on Thursday
The Pound Sterling consolidates around 1.3300 as investors await for Fed Kugler’s replacement and the BoE’s monetary policy outcome.US President Trump said he…
Indian Rupee gains ground against Euro as RBI intervenes
EUR/INR falls back as Indian Rupee gains ground on RBI’s intervention.US-India trade tensions would keep the Indian Rupee on the backfoot.Investors await the…
Pound Sterling flattens ahead of BoE’s monetary policy
The Pound Sterling trades steady, while investors shift their focus to the BoE’s interest rate decision on Thursday.Investors expect the BoE to reduce interest…
Copper price searching for direction – Commerzbank
The Copper market seems to still need to settle after the US tariff surprise. The Copper price traded on the LME increased slightly yesterday after it had…
CAD slips, strays from fair value – Scotiabank
The Canadian Dollar (CAD) retains a soft undertone but trading patterns are closely aligned with the core majors for the most part, Scotiabank's Chief FX…
EUR consolidates in quiet trade – Scotiabank
Despite firm Spanish and Italian Services and Composite PMI data for July and mild upward revisions for the German data, downward revisions for the French PMIs…
GBP little changed, outperforms mildly – Scotiabank
Pound Sterling (GBP) is little changed on the day but is a mild outperformer on the session as a result, with the pound relatively safe from the trade…
Pound Sterling Price News and Forecast: GBP wobbles against US Dollar, US Services PMI eyed
Pound Sterling wobbles against US Dollar, US Services PMI eyedThe Pound Sterling (GBP) trades broadly flat against its major peers on Tuesday as investors…
How to avoid violating the Wash Sale rule in your IRA
When it comes to preparing for retirement and optimizing taxes, investors are often tempted by sophisticated strategies like tax-loss harvesting.But beware,…
EUR/GBP slips below 0.8700 as soft Eurozone PMI data weighs on sentiment
The Euro weakens for the second straight day against the British Pound, dragging EUR/GBP below the 0.8700 level.The final HCOB Eurozone Composite PMI for July…