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Forex
Share of Russian material in LME stocks falls for Nickel and Copper and rises for Aluminium – Commerzbank
Meanwhile, concentration is falling elsewhere: according to LME statistics, the share of Nickel stocks of Russian origin fell from 27% at the end of June to…
Pound Sterling surges on upbeat UK Employment and soft US producer inflation
The Pound Sterling surges against the US Dollar on upbeat UK employment and a soft US PPI report.
The UK Unemployment Rate unexpectedly fell to 4.2%, while…
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data.
Silver trades at $27.71 per troy ounce, down
0.98% from the $27.98 it cost on…
USD/JPY: Bulls may try to reach 148.30 – UOB Group
The US Dollar (USD) is expected to trade in a range, probably between 146.50 and 148.00. Downward momentum is beginning to wane; a breach of 148.30 would mean…
EUR/USD trades cautiously above 1.0900 with US PPI in spotlight
EUR/USD consolidates above 1.0900 as investors await July’s US CPI data for fresh guidance on the Fed’s interest-rate path.
Market speculation for a 50…
Mexican Peso stabilizes after weak data and Banxico comments trigger sell-off
The Mexican Peso steadies after Monday’s depreciation.
The Peso suffered after weak Mexican consumer confidence data and central banker comments weighed.…
AUD/USD: A bullish move towards 0.6660 is inevitable – UOB Group
There has been a slight increase in momentum; The Australian Dollar (AUD) must break clearly above 0.6600 before further advance towards 0.6660 can be…
Forex Today: Gold closes in on record-high, eyes on US producer inflation data
Here is what you need to know on Tuesday, August 13:
While major currency pairs spent the first day of the week fluctuating in tight ranges, Gold gathered…
USD/CAD remains below 1.3750 despite lower Oil prices, US PPI eyed
USD/CAD loses ground due to improved risk-on sentiment.
The US Dollar steadies from the reduced bets for a 50 basis point rate cut by the Fed in September.…
GBP/JPY rises to near 189.00 ahead of UK employment data
GBP/JPY extends its gains ahead of the release of UK labor market data on Tuesday.
The UK Claimant Count Change is anticipated to report a decline in…