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Forex
GBP underperforms as Gilts remain weak – Scotiabank
The Pound Sterling (GBP) fell to its lowest since 2023 before steadying. UK 1OY yields rose 120bps in a handful of disorderly trading days either side of the…
US Dollar moves slightly higher on inflation woes
The US Dollar ticks up on inflation woes, with the Greenback consolidating at current levels.
Inflation concerns take over and trigger a mini-crisis in UK…
Gold price draws attention amidst swelling global inflation woes
Gold price pops above $2,660 and tries to consolidate above the level.
Traders are sending yields higher in concerns over inflation overheating again. …
UK Treasury Minister Jones: No need for any emergency intervention
British Treasury Minister Darren Jones said on Thursday that public spending will be in line with what was set out in the Autumn Budget and added that there is…
USD/CNH: Chance to retest the 7.3700 level – UOB Group
US Dollar (USD) is expected to trade in a range between 7.3430 and 7.3615. In the longer run, room for USD to retest the 7.3700 level; it is too early to…
AUD/USD: Below 0.6180 further weakness can be expected – UOB Group
Provided that Australian Dollar (AUD) remains below 0.6245, it could test the major support of 0.6180 before a rebound is likely. In the longer run, AUD must…
EUR/GBP rises to near 0.8400 as Pound Sterling weakens due to technical factors
The EUR/GBP pair advances as the Pound Sterling extends its technical downward correction.
The GBP may gain ground due to the increased likelihood of fewer…
USD/CHF gathers strength above 0.9110 amid bullish US Dollar
USD/CHF drifts higher to around 0.9115 in Thursday’s early European session.
Fed Minutes signalled a cautious approach to rate cuts, supporting the USD. …
Gold price sticks to modest intraday losses amid bullish USD; downside seems limited
Gold price snaps a two-day winning to a multi-week top amid the Fed’s hawkish stance.
Retreating US bond yields undermine the USD and lend some support to…
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Gold prices fell in Saudi Arabia on Thursday, according to data compiled by FXStreet.
The price for Gold stood at 321.03 Saudi Riyals (SAR) per…