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Forex
GBP/USD hits multi-year high post Powell dovish pivot, rose above 1.3200
GBP/USD jumps over 1% after Powell signals potential rate cuts, reaching its highest level in two years.
Powell’s Jackson Hole speech emphasizes…
Fed’s Harker: Jobless rate will not peak above 5%
Federal Reserve (Fed) Bank of Philadelphia Patrick Harker hit newswires on Friday, noting that Fed moves on interest rates need to be "methodical",…
Pound Sterling Price News and Forecast: GBP/USD hits multi-year high post Powell dovish pivot
GBP/USD hits multi-year high post Powell dovish pivot, rose above 1.3200
The GBP/USD climbed sharply during the North American session after Federal Reserve …
EUR/USD: The time has come – Rabobank
Through most of this year, EUR/USD has been contained by a 1.10 to 1.06 range, Rabobank’s Senior FX Strategist Jane Foley notes.
EUR/USD set to trade at 1.12…
Dow Jones Industrial Average jumps after Fed gives a nod to rate cuts
The Dow Jones rallied to 41,200.00 after Fed officials agreed its time to cut rates.
Equities have immediately moved on to guessing how many rate cuts in…
Macro funds have already caught the Gold bug – TDS
Global markets are pricing a fast return to normalization, a cutting cycle steep enough that it has few historical analogies outside of a recession, TDS Senior…
EUR/GBP Price Analysis: Selling pressure weighs and bears conquer the 0.8500 area
EUR/GBP extended losses on Friday and the 0.8500 support is gone.
Mixed technical indicators point towards a potential downtrend.
The 0.83700 level remains…
GBP/USD: Edges higher towards the July 2023 high at 1.3140 – Scotiabank
The Pound Sterling (GBP) retains a firm tone as spot continues to ride the positive sentiment which developed around yesterday’s constructive PMI data,…
Silver Price Forecast: XAG/USD rises to near $29.30 with Fed Powell’s speech under spotlight
Silver price gains to near $29.30 in the countdown to Fed Powell’s speech.
Jerome Powell is expected to provide fresh cues on interest rates and the…
USD/CNH: Likely to edge lower while below 7.1750 – UOB Group
The US Dollar (USD) is likely to edge lower; given the mild downward pressure, any decline is unlikely to reach July’s low of 7.0636, UOB Group FX strategists…