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Forex
Pound Sterling Price News and Forecast: GBP/USD struggles to build on Friday’s rebound
GBP/USD Forecast: Pound Sterling struggles to build on Friday's reboundGBP/USD finds it difficult to attract bulls in the European session on Monday and…
Full broadside against the USD – Commerzbank
For all those who thought it wouldn't turn out so badly and had recently traded the dollar stronger for it, Friday brought a rude awakening: The latest US jobs…
Pound Sterling trades firmly as Fed rate cut in September looks likely
The Pound Sterling exhibits strength against the US Dollar near 1.3300 as soft US NFP data on Friday boosted Fed dovish bets.The US economy added 73K fresh…
Global PMIs: July decline led by the US – Standard Chartered
Broad-based contraction across sectors in July; all sub-indices were lower than in June. Sharp decline in the US dragged down the aggregate amid reduced…
USD recovery remains fragile as tariffs and economic risks mount – BBH
US Dollar (USD) and Treasury yields are steady just above Friday’s lows while US equity futures point to a modest rebound. Any USD recovery looks fragile in…
AUD/USD: Likely to trade in a sideways range of 0.6430/0.6495 – UOB Group
Australian Dollar (AUD) is likely to trade in a sideways range of 0.6430/0.6495. In the longer run, downward momentum is slowing; a breach of 0.6520 would…
China: Playbook to reflate the economy – Standard Chartered
Protracted price decline in China has increased the risk of deflation mindset becoming entrenched. Policy makers have stepped up efforts to expand effective…
NZD/USD: Any advance is likely part of a higher range of 0.5885/0.5935 – UOB Group
Scope for New Zealand Dollar (NZD) to rise further, but any advance is likely part of a higher range of 0.5885/0.5935. In the longer run, slowdown in momentum…
USD/CAD remains pinned below 1.3800 with hopes of Fed cuts limiting upside attempts
The Canadian Dollar holds Friday's gains as US recovery attempts remain limited.Concerns about the strength of the US economy and rising bets of Fed cuts keep…
USD/JPY: Sharp drop in USD has scope to extend – UOB Group
Further US Dollar (USD) weakness seems likely against Japanese Yen (JPY); it remains to be seen whether it can reach 146.60. In the longer run, sharp drop in…