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Forex
Pound Sterling Price News and Forecast: GBP/USD rallies past 1.3000 as China escalates trade-war with US
GBP/USD rallies past 1.3000 as China escalates trade-war with US
The Pound Sterling (GBP) extends its gains versus the US Dollar (USD) as the US-China trade…
Fed’s Collins: The Fed will need to hold steady for longer
During an interview with Yahoo Finance on Friday, Federal Reserve Bank of Boston President Susan Collins noted that even amidst intense pressure, financial…
US UoM Consumer Sentiment Index drops to 50.8 in April vs. 54.5 expected
UoM Consumer Confidence Index came in below the market expectation in April.The USD Index stays deep in negative territory below 100.00.Consumer confidence in…
Fed’s Musalem: There is more work to do on inflation
St. Louis Federal Reserve President Alberto Musalem indicated that he was closely monitoring whether a rise in short-term inflation expectations was seeping…
USD safe haven status under pressure – Rabobank
The US dollar's role as a global safe haven is being challenged amid rising budget deficits and trade tensions. As investor confidence wavers, traditional…
US annual PPI inflation softens to 2.7% in March vs. 3.3% expected
Producer inflation in the US softened unexpectedly in March.US Dollar Index stays deep in negative territory below 100.00.The Producer Price Index (PPI) for…
USD/CHF bounces off lows near the 0.8100 zone, tariffs eyed
USD/CHF drops to the vicinity of 0.8100 and rebounds.The demand for the safe-haven space underpins the Swiss franc.Attention now shifts to the release of the…
GBP/USD: Impulsive momentum suggests further GBP strength – UOB Group
Impulsive momentum suggests further GBP strength; it remains to be seen if 1.3100 is within reach today. In the longer run, outlook for GBP has shifted to…
EUR/USD: Likely to rally further – UOB Group
A break above 1.1275 could trigger further rally; the levels to monitor are 1.1350 and 1.1400. In the longer run, Euro (EUR) is likely to rally further; the…
Palladium price today: Rare metals advance at the start of the European session
Platinum Group Metals (PGMs) trade with a positive tone at the beginning of Friday, according to FXStreet data. Palladium (XPD) changes hands at $923.74 a troy…