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Forex
When is the China quarterly GDP and how could it affect AUD/USD?
China quarterly GDP OverviewThe National Bureau of Statistics of China (NBS) will publish its data at 02.00 GMT on Monday. China quarterly GDP is estimated to grow 1.0% in the…
Gold surges to all-time high above $4,650 amid Greenland tariff threats
Gold price (XAU/USD) rises to a fresh record high near $4,675 during the early Asian session on Monday. The precious metal gains momentum after US President Donald Trump said he…
Trump hits 8 European nations with tariffs as he pursues Greenland
US President Donald Trump said that he would slap tariffs on eight European countries that have opposed his plan to take Greenland, Bloomberg reported on Saturday. Trump vowed on…
Winning risk-on plays
Neither S&P 500 nor Nasdaq could challenge Thursday‘s highs – opportunity to sell was acted upon right off the opening bell. Both decent intraday recoveries failed, and the…
GBP/JPY weakens toward one-week lows as intervention talk supports the Yen
The British Pound (GBP) remains under pressure against the Japanese Yen (JPY) on Friday, with GBP/JPY extending losses for a third straight session as repeated warnings from…
Silver price drops as geopolitical tensions ease, Fed policy weighs
Silver (XAG/USD) trades around $89.70 on Friday at the time of writing, down 2.50% on the day, extending the corrective move that began after reaching record highs earlier in the…
CAD flat despite China trade agreement – Scotiabank
The Canadian Dollar (CAD) is little changed on the day, with neither a modest bid for US equity futures nor a more obvious bump in crude prices helping the CAD out, Scotiabank's…
Euro edges higher but lags G10 peers – Scotiabank
The Euro (EUR) is up a fractional 0.1% vs. the US Dollar (USD) and a relative underperformer among the G10 currencies as we head into Friday’s NA session, Scotiabank's Chief FX…
Yen surges as intervention risks rise – Scotiabank
The Japanese Yen (JPY) is strong, up 0.3% vs. the US Dollar (USD) and outperforming all of the G10 currencies with the exception of NOK and NZD, Scotiabank's Chief FX Strategists…
GBP/USD flat near 1.3380 as strong data boosts the US Dollar
The British Pound (GBP) trades sideways against the US Dollar (USD) on Friday during the North American session, after reaching a daily high of 1.3413, but solid US data released…