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Forex
GBP/JPY holds gains around 191.50 following UK employment data
GBP/JPY strengthens following the release of the UK employment data.
The ILO Unemployment Rate remained unchanged at 4.4% in the three months ending in…
USD/INR rises on foreign funds outflows, US Dollar demand
The Indian Rupee weakens in Tuesday’s early European session.
Significant foreign funds outflows and strength in the US Dollar weigh on the INR.
The RBI…
USD/CAD Price Forecast: First downside target emerges near 1.4150, eyes on Canadian CPI inflation data
USD/CAD gathers strength to around 1.4205 in Tuesday’s early European session.
The pair keeps the negative view below the 100-period EMA with the bearish…
Australian Dollar steadies as RBA Bullock refrains from declaring victory over inflation
The Australian Dollar moves little as traders could already have priced in RBA’s rate cut decision.
The Reserve Bank of Australia has reduced its Official…
EUR/USD falls toward 1.0450 as US Dollar strengthens amid rising Treasury yields
EUR/USD declines as the US Dollar strengthens following three consecutive sessions of losses.
Fed Governor Michelle Bowman warned that upside inflation…
China’s NDRC: Precise policies to be implemented to help ease difficulties faced by private firms
The National Development and Reform Commission (NDRC), China’s state planner, said in a statement on Tuesday that “precise' policies to be implemented to help…
RBA on track for first interest rate cut in over four years amid easing inflation
The Reserve Bank of Australia is expected to cut the OCR by 25 basis points.
Australian core inflation eased in the final quarter of 2024 but remained…
UK’s Starmer: Future of Ukraine is an existential issue for Europe
British Prime Minister Keir Starmer said late Monday that any Ukraine peace deal would require a "US backstop" to deter Russia from attacking its neighbor…
GBP/USD rises ahead of UK earnings and employment data
GBP/USD rose another 0.3% on Monday, chalking in a fifth straight gain.
Global markets traded on a sedate note with US market dark for a holiday.
Key UK…
Silver Price Forecast: XAG/USD holds firm, negative divergence looms
Silver trades at $32.35 after briefly touching a three-month high of $33.39.
RSI remains bullish, but failure to confirm higher highs raises caution.
Key…