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Forex
GBP is underperforming due to PMI disappointment – Scotiabank
The Pound Sterling (GBP) is weak, down 0.3% against the US Dollar (USD) and underperforming most of the G10 currencies with the exception of CHF, Scotiabank's…
AUD/USD hits 11-month high on improved risk sentiment and robust PMI data – BBH
AUD/USD broke higher through key resistance level at 0.6600, reaching its highest level since August 2024. Improved financial market risk sentiment from easing…
USD/JPY: Markets eye stronger services PMI into July 31 BoJ – Scotiabank
The Japanese Yen (JPY) is entering Thursday’s NA session unchanged against the US Dollar (USD), having faded its early Asian session gains driven by the…
USD/CAD remains depressed near 1.3600 ahead of US PMI, Jobless Claims data
The US Dollar remains weighed near lows on risk-on markets.Investors are celebrating an imminent trade deal with the E,U which would bring more clarity to the…
Gold Price Forecast: XAU/USD slumps to near $3,360, fails to break triangle on upside
Gold price falls significantly as hopes of US-EU trade agreement ease global trade tensions.Washington has slashed baseline and automobile tariff rate on…
RBNZ’s Conway: Global uncertainty may ease inflation – BBH
NZD/USD is consolidating yesterday’s gains around 0.6050. RBNZ Chief Economist Paul Conway maintained a dovish tone, BBH FX analysts report. Scope for further…
Pound Sterling weakens as UK PMI grew modestly
The Pound Sterling faces selling pressure against its peers due to moderate growth in preliminary UK PMI data for July.Hopes of US-EU trade deal have improved…
Breaking: US flash Manufacturing PMI dropped to 49.5 in July
A first look at S&P Global's Composite PMI indicated that US business activity grew faster in July, with the index rising to 54.6 from the previous month’s…
Pound Sterling Price News and Forecast: GBP/USD weakens as UK PMI grew modestly
Pound Sterling weakens as UK PMI grew modestly
The Pound Sterling (GBP) declines against its major peers on Thursday as the preliminary United Kingdom (UK)…
Gold falls as risk appetite grows on prospects of a EU-US trade deal
Gold awaits key US data as traders weigh economic performance and Fed outlook.Improved risk sentiment on EU-US trade progress puts pressure on Gold.XAU/USD…