Forex

GBP/USD outlook: Bullish bias above rising daily cloud Cable remains at the front foot and extends recovery on Friday morning, after fresh bulls registered…

The Canadian Dollar (CAD) is idling in a tight range, Scotiabank’s chief FX strategist Shaun Osborne notes. Slips into a sideways range trade around 1.3725…

Copper steadied near its four-month low as a worsening economic outlook keep sentiment depressed, ANZ commodity strategists note. Copper hit by a selloff…

EUR/USD is unchanged on the day, Scotiabank’s chief FX strategist Shaun Osborne notes. EUR may try to test the 1.0950 resistance “European natural gas prices…

AUD/USD slightly retreats, settling near 0.6575 on Friday. RBA reiterates its hawkish stance, contributing to a buoyant AUD. Investors digest Chinese…

The Pound Sterling (GBP) is dead flat on the day, Scotiabank’s chief FX strategist Shaun Osborne notes. GBP is little changed on the session “There were no…

China imported significantly less crude oil in July, Commerzbank’s commodity strategist Carsten Fritsch notes. Downside risks to the forecasts “According to…

According to Statistics Canada, the Unemployment Rate held steady at 6.4% in July, while the Employment Change decreased by 2.8K jobs during last month. In…

Thursday’s trading session saw a rebound in stock prices, with the S&P 500 index breaking above the 5,300 level and closing 2.30% higher. The market…

Oil price ties up with a third consecutive day of gains on Friday.  Traders are buying back into Crude with fears of recession abating.  The US Dollar…