Forex

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…

Fed Chairman Jerome Powell is due to speak on monetary policy at the Jackson Hole Symposium. All eyes remain on Powell’s speech for fresh cues on the US…

Gold finds support from former range highs and bounces ahead of speech from Fed Chairman Jerome Powell.  The speech could solar the outlook for Fed policy…

The Mexican Peso tries to find a floor after losing an average of roughly 5% in its main pairs so far this week.  Weakness has come about as a result of…

AUD/USD attracts some dip-buyers on Friday amid a modest USD weakness. The divergent Fed-RBA policy outlook offers additional support to the major.  Bulls…

EUR/USD edges higher as the US Dollar drops as traders shift their focus to Fed Powell’s speech at the Jackson Hole Symposium. Investors look for fresh…

The Japanese Yen appreciates following the speech from the BoJ Governor Kazuo Ueda. Japan’s National CPI rose by 2.8% YoY in July, remaining at its highest…

GBP/USD gathers strength near 1.3105 in Friday’s early European session.  Fed’s Collins said it will soon be appropriate to start cutting rates as data amid…

USD/CAD meets with a fresh supply on Friday amid dovish Fed-inspired USD selling bias. An uptick in oil prices underpins the Loonie and further contributes…

Gold price regains positive traction and reverses a part of the overnight losses to the weekly trough.  Dovish Fed expectations prompt some USD selling,…