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Forex
EUR/USD trims some losses aa US employment figures disappoint
EUR/USD returns to levels above 1.1600 at the time of writing, after bouncing from weekly lows right below 1.1580, and turns positive on daily charts. The pair has drawn some…
EUR/GBP recovery stalls below 0.8820 with UK CPI on sight
The Euro is trading practically flat against the Pound Sterling on Tuesday. The pair’s recovery attempt from Monday’s lows at 0.8795 has stalled below the 0.8715-0.8720 area with…
USD/JPY climbs as BoJ dovish stance persists, US data eyed
USD/JPY trades around 155.40 on Tuesday at the time of writing, up 0.10% on the day and reaching a fresh ten-month high. The pair benefits from a slightly firmer US Dollar (USD)…
Hungary’s central bank poised to hold rates at 6.50% – BBH
The National Bank of Hungary is expected to keep its policy rate at 6.50% for a 14th straight meeting, maintaining a hawkish stance as inflation remains above target. Strong real…
What to expect and can they save the AI trade?
This Wednesday, Nvidia will report results for last quarter. Analysts are expecting an extraordinary set of results. Revenues for last quarter are expected to surge to $55.19bn,…
Pound Sterling trades cautiously as UK inflation data takes centre stage
The Pound Sterling (GBP) trades subdued against its major currency peers on Tuesday as investors turn cautious ahead of the United Kingdom (UK) Consumer Price Index (CPI) data for…
US tariff rollback sparks global USD concerns – Commerzbank
The US government is gradually rolling back its punitive tariffs. The realization that they do more harm than good came late, but it came nonetheless. Does this mean that economic…
Will decide monetary policy while scrutinizing various data
Following his meeting with Japan’s Prime Minister (PM) Sanae Takaichi, Bank of Japan (BoJ) Governor Kazuo Ueda said he talked about the economy and monetary policy with…
Indian Rupee trades flat while US-India trade deal hopes intensify
The Indian Rupee (INR) opens on a flat note against the US Dollar (USD) on Tuesday. The USD/INR pair continues to trade in a tight range around 88.85, with investors remaining on…
Gold stays pressured near one-week low; $4,000 holds the key for bulls
Gold (XAU/USD) prolongs its downtrend for the fourth straight day and drops to an over one-week low on Tuesday, though it manages to defend the $4,000 psychological mark through…