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Forex
CAD little changes on the day – Scotiabank
The Canadian Dollar (CAD) continues to range trade, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report. CAD holds range after CPI implies…
USD/CNH: Any advance is likely part of a higher range of 7.1720/7.1920 – UOB Group
US Dollar (USD) may edge higher against Chinese Yuan (CNH), but any advance is likely part of a higher range of 7.1720/7.1920. In the longer run, USD is…
EUR steady in lower 1.16s – Scotiabank
The Euro (EUR) is entering Wednesday’s NA session flat against the US Dollar (USD) and attempting stabilization in the lower 1.16s, Scotiabank's Chief FX…
GBP fades short-lived CPI rally – Scotiabank
The Pound Sterling (GBP) is also steady and attempting stabilization following a recent run of weakness, holding on just above its late June low – a break of…
JPY steady just above broken range low – Scotiabank
The Japanese Yen (JPY) is trading flat against the US Dollar (USD) and attempting stabilization just below the lower end of the (broken) range that had held…
Gold Price Forecast: XAU/USD wobbles around 20-day EMA ahead of US PPI data
Gold price trades sideways around $3,335 as investors await the US PPI data for June.Price of goods imported by the US have increased due to tariffs imposed by…
Pound Sterling ticks up as UK inflation accelerates more than expected
The Pound Sterling ticks up against its major peers as UK inflation grew at a faster-than-expected pace in June.Investors shift their focus to the UK labor…
USD/CAD remains steady above 1.3700 ahead of US PPI data
The US Dollar maintains a moderate bullish trend against the Canadian Dollar, buoyed by the cautious market mood.Higher US inflation and hopes of higher Fed…
Equities report: Mixed signals from US equities markets
US stock markets tended to send out mixed signals since our last report as Nasdaq and S&P 500 remained relatively stable while Dow Jones took a dive…
US Dollar reverses gains as Trump considers firing Fed Chair Jerome Powell
The US Dollar slumps on Wednesday after CBS reported Trump asked GOP lawmakers if he should fire Fed Chair Jerome Powell.US President Donald Trump finalized a…