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Forex
Canadian Dollar continues losing as markets bet on a dovish Bank of Canada
The US economy remains robust with strong GDP and personal consumption expectations.
The Bank of Canada is expected to cut interest rates again by 50 bps in…
Japan: BoJ likely to hold amid external uncertainty – Standard Chartered
BoJ likely to keep base rate unchanged amid easing inflation and mixed economic performance. Global economic and political uncertainty to keep BoJ cautious. We…
Pound Sterling Price News and Forecast: GBP/USD bullish but stalls at 1.3000
GBP/USD Price Forecast: Bullish but stalls at 1.3000
The Pound Sterling recovered some ground against the US Dollar, though it failed for the second…
EUR/USD rises as US Dollar falls back ahead of Eurozone/US heavy-data week
EUR/USD moves higher as investors focus on a slew of economic data from both the US and the Eurozone.
The German economy is expected to have contracted by…
Gold trades lower after fall in demand for Gold jewelry in China
Gold weakens after the China Gold Association highlights a drop in the consumption of Gold for jewelry.
The rising price of Gold is posited as the main…
Pound Sterling rises sharply ahead of UK Labour’s firm budget
The Pound Sterling rises above 1.3000 against the US Dollar ahead of a string of US economic data.
Investors will pay close attention to US NFP for October…
USD/CNH: Likely to rise towards 7.1600 – UOB Group
Increasing momentum suggests the US Dollar (USD) is likely to rise further, potentially reaching 7.1600. In the longer run, upward momentum is building, but…
EUR: Lower oil prices are some good news – ING
The Euro (EUR) has had a torrid month, but at least today's drop in oil prices should be welcome. The problem, however, for EUR/USD is that rate differentials…
EUR/GBP jumps closer to mid-0.8300s, upside potential seems limited
EUR/GBP gains some positive traction after comments from ECB’s Pierre Wunsch.
Bets for more aggressive ECB rate cuts might keep a lid on any meaningful…
Silver Price Forecast: XAG/USD falls to near $33.50 amid improved market sentiment
Silver price attracts sellers as recent US data reinforces the odds of nominal rate cuts by the Fed.
The US Dollar receives support as Treasury yields…