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Forex
Pound Sterling Price News and Forecast: GBP/USD surges amid easing US trade tensions, ahead of BoE’s decision
GBP/USD surges amid easing US trade tensions, ahead of BoE’s decision
The Pound Sterling remains bid for the third consecutive day, edges up 0.34% as the …
EUR/USD Price Analysis: Pair extends gains above 20-day SMA, sustaining bullish momentum
EUR/USD climbs to 1.0420 on Wednesday, extending its upward trend.
The pair surges past the 20-day SMA, reinforcing a stronger short-term outlook.
The…
ECB’s Centeno: May need to go below neutral to sustain inflation
European Central Bank (ECB) Governing Board Member Mario Centeno noted that deflationary pressures within the European economy are becoming a concern for…
US Dollar dips with ADP, S&P Global and ISM data all painting mixed picture
The US Dollar looks unable to recover earlier losses this Wednesday against most major peers on Wednesday.
Despite upbeat ADP and S&P Global PMI data,…
GBP/USD surges amid easing US trade tensions, ahead of BoE’s decision
GBP/USD rises maintaining position above the 50-day SMA as market digests US tariff negotiations.
US labor market shows strength with ADP employment figures…
NZD/USD Price Forecast: Posts fresh weekly high near 0.5700
NZD/USD refreshes weekly high near 0.5700 as receding global trade war risks have improved the safe-haven demand.
The USD strives to gain ground on the back…
BoE expected to cut 25bps Thursday – Scotiabank
Final January UK PMI data were revised lower but both Services and Composite activity remained in expansion territory (at 50.8 and 50.6 respectively),…
EUR/USD extends upside as investors see trade war restricted between US and China
EUR/USD rises above 1.0400 as the risk-premium of the US Dollar eases amid diminishing fears of a global trade war.
The ECB is expected to continue reducing…
USD/CAD slumps below 1.4300 as CAD capitalizes on Trump’s suspension of tariff orders
USD/CAD falls sharply below 1.4300 as the Canadian Dollar continues to advance on US President Trump’s decision to postpone tariffs on Canada.
BofA expects…
Gold hits fresh all-time highs, enters bull run with fifth consecutive day of gains
Gold hits yet again another fresh all-time high near $2,870 on Wednesday.
Equities edge lower amid Asia reopening after Chinese New Year holidays.
Gold…