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Forex
US Dollar steady ahead of presidential debate, CPI figures
US Dollar is rising ahead of the presidential debate, continuing its strength despite ongoing dovish Fed easing expectations.
Outcome of tonight's debate…
Mexican Peso tumbles, breaks key level as Senate begins discussions
Mexican Peso dips over 1%; USD/MXN rises from 19.86 as Senate nears judicial reform vote.
Foreign institutions and ratings agencies suggest economic risks…
Oil prices with massive weekly losses – Commerzbank
Oil prices slumped in the past trading week, Commerzbank’s Commodity Analyst Carsten Fritsch notes.
Oil prices fall sharply
“Brent fell to $70.6 per barrel…
Pound Sterling Price News and Forecast: GBP/USD retreats below 1.3100 as traders eye key US CPI data
The GBP/USD is on the backfoot after spiking to a daily high of 1.3107 after a solid UK jobs report, though it has retreated below the 1.31 handle as traders…
EUR/GBP Price Analysis: Bearish outlook persists, pair continues sideways trading
A bearish outlook remains, with RSI below 50 and MACD.
Selling pressure is declining, indicated by decreasing red MACD bars.
In Tuesday's session, the…
US Dollar pops on surprise comments from Barr on US banks capital requirements
The US Dollar pops higher in US trading after suprise comments from Fed's Barr.
All eyes are on the first debate between Trump and Harris on Tuesday night…
Pound Sterling declines against US Dollar with US inflation on horizon
The Pound Sterling extends its downside against the US Dollar as investors shift focus to the US inflation.
UK job growth remained robust in the three…
Bad news for the forint – Commerzbank
There are currently not so many arguments in favor of the forint. Growth was disappointing in the second quarter, while at the same time the cutting cycle…
Soft, medium, hard? – Commerzbank
The landing of the US economy can be soft, medium or hard. Despite the weakening of the labor market, our economists continue to think that the US economy can…
Mexican Peso marginally lower as government looks to pass key reform bill
The Mexican Peso trades slightly lower amid investor concerns the government will pass through a controversial judicial reform bill.
Rumors an opposition…