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Forex
Big bank earnings reactions
The banks unofficially kicked off Q3 earnings season yesterday, and with investors already on edge amid elevated trade tensions, the reactions to these earnings were set up to be…
EUR/GBP steadies near 0.8700 ahead of UK economic data
EUR/GBP moves little after registering losses in the previous session, trading around 0.8690 during the Asian hours on Thursday. The currency cross remains silent as traders adopt…
Gold price in Pakistan: Rates on October 16
Gold prices rose in Pakistan on Thursday, according to data compiled by FXStreet.
The price for Gold stood at 38,265.29 Pakistani Rupees (PKR) per gram, up compared with the PKR…
USD/CAD remains below 1.4050 due to ongoing US-China trade tensions
USD/CAD extends its losses for the second successive session, trading around 1.4030 during the Asian hours on Thursday. The pair depreciates as the US Dollar (USD) struggles amid…
Japanese Yen strengthens as safe-haven flows rise, USD/JPY eyes 150.00
The Japanese Yen (JPY) remains on the front foot against its American counterpart for the third consecutive day and climbs to an over one-week high during the Asian session on…
Central bank should lift rates closer towards neutral
The Bank of Japan (BoJ) board member Naoki Tamura said on Thursday that the central bank should lift the interest rates closer towards neutral.Key quotesBoJ should push rates…
XAU/USD climbs above $4,200 on rate cut hopes, safe-haven flows
Gold price (XAU/USD) attracts some buyers to around $4,210 during the early Asian session on Thursday. The precious metal rises to near a fresh all-time high as US rate cut…
GBP/USD shrugs off bearish momentum, recovers 1.3400 region
GBP/USD found room on the high side on Wednesday, clawing its way back to the 1.3400 handle after a near-term dip into the low end that saw Cable briefly battle the 200-day…
Dow Jones flattens after earnings boost shaky market sentiment
The Dow Jones Industrial Average (DJIA) found room on the high side on Wednesday, climbing into a second day of recovery flows and testing territory north of 46,600 before settling…
Australia unemployment rate forecast to increase slightly, reflecting slower job growth
Australia is set to publish the September monthly employment report on Thursday at 0:30 GMT, with market participants anticipating another tepid outcome, which has become the norm…