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Forex
Crude Oil flat after markets pushed prices higher earlier on geopolitical concerns
Crude Oil struggles to hold gains this Thursday, attempting to move away from $70.00 and looking for more upside.
Markets are pricing in a new escalation…
US: Initial Jobless Claims increased less than expected last week
Initial Jobless Claims rose to 227K, down from the previous week's 242K.
Continuing Jobless Claims climbed to 1.897M in the week ending October 11.
US…
S&P Global PMIs set to remain broadly stable in October, with services leading and manufacturers lagging
The S&P Global preliminary PMIs for October are likely to show little variation from the September final readings.
The Federal Reserve will likely trim…
Pound Sterling rebounds on moderate expansion in flash UK PMI
The Pound Sterling rises on continuous growth in the UK business activity.
Investors await BoE Mann and Bailey’s speech for fresh interest rate guidance.…
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data.
Silver trades at $34.26 per troy ounce, up
1.63% from the $33.71 it cost on…
UK Preliminary Services PMI slips to 51.8 in October vs. 52.2 expected
UK Services PMI drops further to 51.8 in October, misses estimates.
Manufacturing PMI in the UK fell to 50.3 in October.
GBP/USD trims gains to near 1.2960…
Japanese Yen strengthens to 152.00 against USD, upside potential seems limited
The Japanese Yen edges higher on Thursday after some verbal intervention from officials.
The BoJ rate-hike uncertainty should cap the JPY ahead of the…
Pound Sterling Price News and Forecast: GBP/USD holds ground ahead of PMI data releases
GBP/USD trades below 1.2950 near 10-week lows, PMI figures awaited
The GBP/USD pair trades around 1.2930 during the Asian session on Thursday, staying near…
Gold price trades with modest gains amid retreating US bond yields, softer USD
Gold regains positive traction and stalls the overnight pullback from the all-time peak.
Retreating US bond yields prompts some USD profit-taking and…
USD/INR remains confined within a narrow range, 16th BRICS Summit reaches its final day
The Indian Rupee trades within a tight range of 84.00-84.10.
Indian PM Modi and Chinese President Xi Jinping agreed to enhance communication and cooperation…