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Forex
British Pound’s outlook improves with its economic outlook – DBS
GBP/USD has the potential to trade within a higher 1.30-1.40 range through 2025, DBS’ FX analysts Philip Wee and Chang Wei Liang note.
BoE to reduce interest…
Crude Oil faces some profit taking ahead of the weekend after upbeat Nonfarm Payrolls print
Crude Oil eases a touch while over 8% of gains are set to be locked in for this week's performance.
US President Joe Biden said on Thursday talks are…
USD/CHF Price Prediction: Surges in bullish breakout from multi-week range
USD/CHF breaks out of the range it has been straight-jacketed in for weeks.
The pair has probably started a new uptrend with odds now favoring the…
GBP/CAD Price Forecast: Down leg extends within rising channel
GBP/CAD has declined sharply within a rising channel.
The pair is likely to continue lower as the counter-trend reaction runs its course.
GBP/CAD is…
RBNZ: A steeper path to neutral – Standard Chartered
We now expect more aggressive rate cuts from the RBNZ with growth under pressure. We see two 50bps cuts in Q4-2024, taking the OCR to 4.25% (4.75% prior) by…
EUR/GBP Price Forecast: A break above October 3 would cement bullish view
EUR/GBP has pulled back to key support after rallying sharply on Thursday.
The pair has probably changed trend but a break above the October 3 high would…
USD/CAD jumps to near 1.3600 as US NFP beats estimates
USD/CAD rises sharply to near 1.3600 after stronger-than-expected US labor market report.
A robust pace in the US job growth data has forced traders to…
US jobs growth accelerates again – Commerzbank
After the disappointing data of late, the situation on the US labor market improved markedly again in September. At the same time, the unemployment rate fell…
US Dollar locks in best trading week in two years with a landslide Nonfarm Payrolls print
The US Dollar jumps higher after a massive positive Nonfarm Payrolls print.
Tensions in the Middle East together with further pared bets of big Fed rate…
Fed’s Goolsbee: The jobs report is “superb”
In an interview at Bloomberg, Chicago Federal Reserve Bank President Austan Goolsbee said on Friday that he considered the latest job market report to be…