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Forex
EUR/JPY rises to near 162.00 due to record trade deficit in Japan, Eurozone PMI eyed
EUR/JPY gains ground as Japan’s Trade Balance reported a deficit of ¥621.84 billion for July.
Reuters poll showed that 31 out of 54 economists predicted…
Asian stocks decline as traders await more cues about Fed’s rate-cut path
Asian stocks tack the overnight slide in the US equity markets and retreated on Wednesday.
JD.com sinks on report of Walmart stake sale and weighs on Hong…
Gold price pauses after hitting fresh record high on Tuesday, bullish potential intact
Gold price shot to a fresh all-time peak on Tuesday amid dovish Fed-inspired USD selling bias.
Geopolitical tensions further contributed to driving flows…
WTI remains depressed below $73.00 mark, seems vulnerable two-week low
WTI struggles to gain traction and languishes near a two-week trough touched on Tuesday.
A surprise rise in US crude inventories and easing Middle East…
USD/JPY extends decline below 145.50 on Fed rate cut hopes, softer US Dollar
USD/JPY weakens to 145.35 in Wednesday’s Asian session.
Higher expectations of a Fed rate cut in September undermine the USD.
The advanced US August…
Gold Price Forecast: XAU/USD flat lines above $2,500 amid weaker US Dollar, Fed rate cut expectations
Gold price holds steady near $2,515 in Wednesday’s early Asian session.
The softer USD and bets of Fed easing monetary policy support the Gold price. …
New Zealand Dollar gathers strength to ten-week highs on weaker US Dollar
The New Zealand Dollar extends its upside in Wednesday’s early Asian session.
The softer US Dollar and positive risk sentiment support NZD/USD.
Investors…
Philippines Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Philippines on Tuesday, according to data compiled by FXStreet.
The price for Gold stood at 4,562.31 Philippine Pesos (PHP) per…
Mexican Peso slumps after Mexico Retail Sales miss the mark
The Mexican Peso shed 1.8% against the Greenback on Tuesday.
Mexico saw a much steeper contraction in Retail Sales than expected.
Markets are looking for…
Pound Sterling Price News and Forecast: GBP/USD bulls extends gains and approach July highs
GBP/USD Price Analysis: Bulls extends gains and approach July highs
In Tuesday's session, the GBP/USD pair continued its upward trajectory, rising by 0.32% to…