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Forex
Pound Sterling holds steady above support ahead of volatile week
The British Pound is still in snooze mode on Monday.
UK Manufacturing PMI comes in line with expectations at 52.5 in August.
The US Dollar Index opens up…
EUR: Political weakness at the heart of Europe – MUFG
As is happening in France with the extremes on the left and right of the political spectrum taking a larger proportion of votes in the parliamentary elections,…
EUR/USD bounces on diverging US-Eurozone monetary policy stances
EUR/USD recovers as the chances remain quite high that the Fed might have to make steep cuts to interest rates.
The Euro gains support as interest rates in…
What will happen to Gold prices – ABN AMRO
The outcome of the US elections could have a large impact on Gold prices. If there is a Democratic Victory (partial or full) the impact on Gold prices would be…
Pound Sterling Price News and Forecast: GBP/USD stabilizes near key support level
GBP/USD Forecast: Pound Sterling stabilizes near key support level
GBP/USD turned south on renewed US Dollar (USD) strength and lost 0.7% last week. The pair…
AUD/USD: Double-top bearish reversal underway – OCBC
The Australian Dollar (AUD) fell on growth concerns in China (weaker NBS PMI seen over the weekend), softer iron ore prices while USD broadly rebounded, OCBC’s…
China: Economic weakness lingers in August – UOB Group
Caixin and official manufacturing PMIs diverged while official nonmanufacturing PMI picked up marginally in August, UOB Group Economist Ho Woei Chen notes.…
NZD/USD drops to near 0.6250 due to diminishing odds of an aggressive rate cut by the Fed
NZD/USD extends its losses as US PCE Index data diminish odds of an aggressive Fed rate cut in September.
According to the CME FedWatch Tool suggests a…
Forex Today: Markets subdued to begin week, long weekend in US and Canada
Here is what you need to know on Monday, September 2:
Major currency pairs fluctuate in narrow channels at the beginning of the week. The European economic…
FX option expiries for Sept 2 NY cut
FX option expiries for Sept 2 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
EUR/USD: EUR amounts
1.0900 672m
1.1100 618m
GBP/USD: GBP…