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Forex
Pound Sterling Price News and Forecast: GBP/USD hits five-day peak above 1.3200
The Pound Sterling rallied in early trading during the North American session against the Greenback, registering gains of over 0.60% and hitting a five-day…
Apple stock sinks on lower iPhone 16 pre-orders
Apple stock slides on lethargic iPhone 16 pre-orders.
iPhone 16 first weekend pre-orders estimated down 13% from iPhone 15.
Hot analyst Kuo Ming-Chi…
US Dollar sticks to range bound trading in pivotal Fed week
The US Dollar off this Monday's low with the US trading session set to kick off this week.
All eyes on the Fed while NY Fed Manufacturing data turns…
NOK: Watching signals – Rabobank
The Norges Bank is a relatively recent adopter of inflation targeting. Prior to 2001, it had a very long history of targeting the exchange rate under various…
EUR/USD surges on acceleting Fed big rate cut bets
EUR/USD extends last week’s gains near 1.1130 as rising bets for Fed large rate cuts weigh on the US Dollar.
Soft US PPI and deepening concerns over labor…
CAD: Left behind by G10 peers but trades close to FV – Scotiabank
The Canadian Dollar (CAD) is little changed on the session, holding within its recent trading range against the USD without picking up the support that is…
CNY: Concerns and moon cakes – Commerzbank
With China celebrating the Mid-Autumn Festival today and tomorrow, the monthly economic data for August was already released on Saturday. And for some, it may…
Crude Oil dips after soft Chinese data adds more downside pressure
Crude Oil falls slightly with all eyes on the Fed meeting on Wednesday.
More bearish news for Oil emerged over the weekend, with China’s economic data…
USD: Investors shifting to the front-loaded scenario – ING
Despite a mixed batch of US data last week, investors seem to be favouring a 'front-loaded' scenario for the Federal Reserve's easing cycle. This is premised…
Mexican Peso halts recovery after three up days in a row
The Mexican Peso softens on Monday after three up days in a row.
Increasing chances of deeper cuts to interest rates and slowing growth prospects had…