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Forex
EUR/GBP holds above key support as UK economic concerns pressure Sterling
EUR/GBP holds above key sypport at 0.8623 as bulls defend short-term trend.Economic and fiscal concerns in the UK put pressure on the Pound Sterling, while the…
Gold Price Forecast: XAU/USD approaches weekly lows at $3,320
Gold retraces Wednesday's gains and approaches weekly lows at $3,320.A stronger US Dollar amid investors' concerns about the global trade outlook is weighing…
Pound Sterling gains even as UK Unemployment Rate accelerates
The Pound Sterling recoups some of its early losses against the US Dollar on mixed UK employment data for the three-months ending May.UK wage growth slowed…
GBP a relative outperformer on labor data surprise – Scotiabank
The Pound Sterling (GBP) is down only 0.2% against the US Dollar (USD) and outperforming all of its G10 peers into Thursday’s NA open. In the longer run,…
JPY is underperforming into this weekend’s upper house elections – Scotiabank
The Japanese Yen (JPY) is weak, down 0.6% against the US Dollar (USD) and underperforming most of the G10 currencies amid broad-based USD strength,…
EUR/USD extends losses and nears multi week lows ahead of US data releases
The Euro is showing a mounting bearish momentum as investors brace for US consumption and employment dataSpeculation about the resignation of Fed Chair Powell…
Pound Sterling Price News and Forecast: GBP/USD gains even as UK unemployment rate accelerates [Video]
Pound Sterling gains even as UK Unemployment Rate acceleratesThe Pound Sterling (GBP) trades higher against its major peers, except for the US Dollar, on…
US Dollar consolidates gains on the back of strong US Data
The US Dollar regains ground as US President Donald Trump walks back the threat to remove Fed Chair Jerome Powell.The US Dollar Index trades near three-week…
Silver Price Forecast: XAG/USD drifts lower after strong US Retail Sales data
Silver declines on Thursday following a modest 0.56% gain on the previous day.The uptrend remains intact, with price holding above the 21-day EMA at $36.91.The…
US: Initial Jobless Claims dropped to 221K last week
Initial Jobless Claims fell to 221K vs. the previous week.Continuing Jobless Claims increased to 1.956M.According to a report from the US Department of Labour…