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Forex
Swiss Franc weakens as the Greenback firms amid easing US-China trade tensions
The Swiss Franc (CHF) weakens against the US Dollar (USD) on Tuesday, as the Greenback extends gains and fading risk aversion curbs demand for the Franc. At the time of writing,…
Silver sinks as risk-on sentiment, stronger USD weigh
Silver (XAG/USD) sinks on Tuesday, trading around $48.70 at the time of writing, down 7.00% for the day after briefly touching an intraday low at $47.90. The sharp decline comes…
EUR/JPY climbs as Yen dips on trade hopes, Eurozone steadiness
EUR/JPY trades around 176.20 on Tuesday at the time of writing, advancing by 0.40% for the day as investors rotate out of defensive assets amid improving market sentiment. The…
WTI Oil steadies at $57 as oversupply fears persist, Fed easing eyed
West Texas Intermediate (WTI) US Oil hovers around $57 on Tuesday at the time of writing, stable for the day. Crude Oil prices remain broadly under pressure amid ongoing concerns…
Gold plunges from record highs amid stronger Dollar and improved risk sentiment
Gold (XAU/USD) drifts lower on Tuesday after retesting its record high near $4,380 on Monday. The pullback comes as the US Dollar (USD) extends its recovery gains and traders lock…
EUR/CAD falls as CAD gains on strong inflation, Oil recovery
EUR/CAD drops by 0.40% on Tuesday at the time of writing, trading around 1.6270, as the Canadian Dollar (CAD) appreciates following stronger-than-expected inflation data. According…
EUR/USD drops, US Dollar rallies on hopes of a US-China trade deal
EUR/USD moves lower for the third consecutive day on Tuesday, trading at the 1.1615 area at the time of writing, after having peaked at 1.1728 on Friday. Hopes that the meeting…
USD/JPY rises as Japanese Yen falters despite new cabinet changes
USD/JPY trades around 151.90 on Tuesday, up 0.80% for the day at the time of writing, as investors react to the confirmation of Japan’s new government and the unveiling of its…
USD/JPY surges as BOJ hike odds collapse ahead of CPI data – BBH
USD/JPY rallied by roughly 0.8% to 151.60. Unverified sources signal that Bank of Japan (BOJ) officials are of the view there’s no urgency to hike the benchmark rate next week.…
Canada CPI set to rise in September ahead of BoC interest rate decision
Statistics Canada will publish September’s inflation figures on Tuesday. The numbers will give the Bank of Canada (BoC) a fresh read on price pressure as the central bank weighs…