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Forex
Pound Sterling climbs to near 1.3000 ahead of Jackshon Hole event
The Pound Sterling rises to a fresh monthly high near 1.3000 against the US Dollar ahead of key economic data for both the UK and the US.
Fed Chairman…
Gold rallies to new highs on rising China demand, weaker Dollar
Gold is extending higher to fresh all-time highs on news of increased Chinese demand.
A weaker US Dollar is further propelling the precious metal higher.…
Canada CPI expected to show disinflationary trend extended into July
The Canadian Consumer Price Index is seen losing further traction in July.
The BoC could extend its easing cycle in the latter part of the year.
The…
USD: Going with the flow – ING
In quiet markets, the US Dollar (USD) is edging gently lower, FX strategist Chris Turner notes.
DXY falls towards 101
“The big question over the next week is…
EUR/GBP falls toward 0.8500 ahead of EMU Harmonized Index of Consumer Prices
ECB policymakers are hesitant to pursue a rate-cut path due to concerns that price pressures could reaccelerate.
Germany’s Producer Price Index fell by 0.8%…
USD/CHF holds below 0.8650 amid broad US Dollar weakness
USD/CHF loses ground near 0.8620 in Tuesday’s early Asian session.
The expectation of three quarter-point rate cuts this year weighs on the USD.
Easing…
Japanese Yen declines as US Dollar gains ground amid improved Treasury yields
The downside of the Japanese Yen could be limited as BoJ is highly expected to implement further rate hikes.
Recent economic growth in Japan raises the…
USD/CAD edges up amid bearish Oil prices, remains below mid-1.3600s ahead of Canadian CPI
A combination of factors assists USD/CAD to bounce off a one-month low touched this Tuesday.
Sliding Crude Oil prices undermine the Loonie and lend support…
USD/INR struggles to gain ground on the softer US Dollar, investors await Fedspeak
The Indian Rupee holds steady near two-week highs in Tuesday’s early Asian session.
Weaker Greenback and lower crude oil prices support the INR; renewed USD…
United Arab Emirates Gold price today: Gold falls, according to FXStreet data
Gold prices fell in United Arab Emirates on Tuesday, according to data compiled by FXStreet.
The price for Gold stood at 295.32 United Arab…