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Forex
Pound Sterling Price News and Forecast: GBP/USD marked its 31-month high level of 1.3359
GBP/USD remains near 1.3350, close to its 31-month highs
GBP/USD extends its winning streak for the fifth consecutive session, trading around 1.3350 during…
Gold price consolidates near all-time peak, holds comfortably above $2,600 mark
Gold price pauses after the recent strong move up to a fresh all-time peak touched on Monday.
The fundamental backdrop favors bullish trades and supports…
Japan’s Suzuki: Monitoring impacts from central banks’ monetary policies
Japan’s Finance Minister Shunichi Suzuki said on Tuesday that he is “monitoring impacts from central banks' monetary policies.”
Suzuki said that he “expects…
USD/JPY weakens near 143.50, focus on Fed’s Bowman speech
USD/JPY loses ground around 143.55 in Tuesday’s early Asian session.
Fed rate cut maintains bearish mood surrounding USD/JPY.
BoJ policymakers tempered…
EUR/USD eases back after misfire in EU PMI figures
EUR/USD declined in one of its worst days in H2 2024.
EU PMI figures broadly came in below expectations, while US PMIs also printed lower.
Tuesday is set…
RBA widely expected to keep key interest rate unchanged amid persisting price pressures
The benchmark interest rate in Australia is likely to remain at 4.35% for the seventh straight meeting in September.
The Reserve Bank of Australia…
Pound Sterling Price News and Forecast: GBP/USD hits yearly high above 1.3350 amid soft US-UK data
GBP/USD Price Forecast: Hits yearly high above 1.3350 amid soft US-UK data
The Pound Sterling soars to new 2024 record high of 1.3355 versus the Greenback on…
US Dollar steady as markets digest S&P Global PMIs
US Dollar holds its ground on Monday, rising despite softer PMI data.
Market prices in 75 bps of Fed easing by year-end.
Fed's Goolsbee pledged for “many…
Forex Today: US Dollar remains under pressure in a post-Fed rate cut world
The Greenback remains off-kilter following the Fed’s recent pivot into a rate-cutting cycle. Last week, the US central bank delivered a jumbo 50 bps rate cut.…
Canadian Dollar tests higher ground on Monday
The Canadian Dollar rose around half of a percent against the Greenback.
Canada reports still disappointing housing price figures, but CAD rises anyway.…