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Forex
WTI recovers after multi-month low as geopolitical hopes, Fed bets aid
West Texas Intermediate (WTI) US Oil rebounds on Friday to around $57.00 after reaching a new low since May earlier in the day at $56.15. The market is attempting to stabilize…
XAG/USD eases from record highs, bulls defend $53.00 support
Silver (XAG/USD) is taking a breather on Friday, snapping a two-day winning streak after refreshing a new all-time high near $54.86 on Thursday. At the time of writing, the white…
We have to have a fair deal with China
United States (US) President Donald Trump told Fox Business Network on Friday that a 100% tariff would not be sustainable and added that they have to have a fair deal with China.“I…
Pound Sterling Price News and Forecast: GBP/USD trades lower
Pound Sterling trades lower due to escalating BoE dovish expectationsThe Pound Sterling (GBP) trades flat around 1.3470 against the US Dollar (USD) during the European trading…
USD mixed, havens bid on US regional bank concerns – Scotiabank
The US Dollar (USD) is mixed to softer overall and heading for a close on the week overall that may be weak enough to point to a halt in the DXY’s rebound since mid-September,…
EUR off earlier peaks above 1.17 – Scotiabank
Euro (EUR) gains extended to the low 1.17 area overnight before easing back modestly but the broader backdrop of trade, rate and sentiment challenges for the USD as well as hopes…
GBP edges off earlier high – Scotiabank
Stronger industrial sector activity reflected in UK data earlier this week helped lift the Pound Sterling (GBP) after spot found firm support in the mid-1.32 area, Scotiabank's…
EUR/JPY hits two-week low as BoJ hawkish tone contrasts ECB stance
EUR/JPY slides 0.25% on Friday, trading around 175.40 at the time of writing, after hitting a two-week low of 174.82 earlier in the day. The Japanese Yen (JPY) is appreciating…
GBP/USD retreats to 1.34 as Trump eases China stance, UK data weighs
The GBP/USD pair retreats on Friday after hitting its highest level in a week of 1.3471 after US President Donald Trump stated that elevated tariffs on China are "not sustainable."…
Gold softens after record rally but remains on track for ninth weekly gain
Gold (XAU/USD) edges lower after hitting yet another all-time high near $4,380 on Friday as investors seek a reliable store of value amid geopolitical, economic and fiscal…