Forex

The Dow Jones bottomed out around 550 points lower, or over 1.3% on Wednesday. Markets have returned to worrying that interest rates will stick higher for…

There may have been some headline uncertainty going into this decision, but markets and economists were clearly leaning towards this outcome. It’s the right…

EUR/GBP remains range-bound, displaying a sideways trend since Monday. Buying pressure has shown signs of recovery, but momentum remains weak. With the…

GBP/USD Price Forecast: Dips below 100-day SMA, sellers target 1.2900 The Pound Sterling extended its losses for the third straight day against the Greenback…

GBP/USD falls for the third consecutive day, trading below the 100-day SMA at 1.2962, with downside risks growing. Bearish RSI indicates further weakness,…

USD/CAD clings to gains near 1.3850 as the BoC reduces its key borrowing rates by 50 bps to 3.75%, as expected. The BoC maintains its growth guidance for…

Wall Street prefers Trump to win the US presidential election and thinks it is likely. Trump’s tax cuts and looser regulation are the primary selling…

The Pound Sterling (GBP) is holding up relatively well against the stronger USD, trading little changed on the session, Scotiabank’s Chief FX Strategist Shaun…

The heads of state and government of the BRICS countries are currently meeting in Kazan, Russia. From a political point of view, it may appear to be a…

Scope for USD/THB to trade higher given official concerns over THB, DBS’ FX & Credit Strategist Chang Wei Liang notes. BOT doesn’t want to see rapid moves…