Forex

Housing Starts and Building Permits in the US declined sharply in July. The US Dollar Index stays in negative territory below 103.00. Housing Starts in…

EUR/USD is grinding back against the slide in spot that followed yesterday’s US data round and retains a generally firm undertone, Scotiabank’s Chief FX…

We have taken the weak demand data from China into account and lowered our oil price forecast for the end of the year by $5, Commerzbank’s commodity analyst…

The Mexican Peso trades flat as traders opt to cover their longs following the recent rally.  An easing in market risk has helped the Peso recover, as does…

EUR/USD rises to near 1.1000 as the US Dollar declines on firm Fed rate-cut prospects. The Fed is expected to cut interest rates by 25 bps in September.…

Gold (XAU/USD) touched a new all-time high on Friday. Upcoming interest-rate cuts by the Federal Reserve should continue to support prices, Commerzbank's…

GBP/JPY pulls back after touching 200-day SMA despite better-than-expected UK data.  Analysts still expected the BoE to make rate cuts in 2024.  The Yen…

The International Energy Agency (IEA) has revised its forecast for oil demand slightly downwards this year. This was due to a significant slowdown in demand in…

Consumer confidence in the US improved slightly in early August. UoM survey showed one-year inflation expectation held steady at 2.9%. Consumer confidence…

The US Dollar falls as investors seemed confident about the Fed reducing interest rates in September. Robust US Retail Sales growth and lower weekly Jobless…