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Forex
Continued uncertainty in the stock market
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 steady with Russia set to decrease output production after missed quota
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…
GBP/USD Price Forecast: Gives up intraday gains amid cautious mood
GBP/USD surrenders intraday gains amid dismal market sentiment.
The Fed seems certain to cut interest rates in September.
The Pound Sterling will be…
Silver Price Forecast: XAG/USD holds $27 as Fed looks set to cut interest rates in September
Silver price clings to gains above $27.00 as Fed rate cuts in September seems imminent.
Investors divided over size of Fed’s interest-rate cuts in…
EUR/USD clings to gains above 1.0900, awaits fresh cues on Fed-ECB rate-cut path
EUR/USD trades back and forth above 1.0900 amid uncertainty over Fed-ECB interest rates.
The ECB is expected to deliver two more rate cuts this year.…
What matters in labor markets? – UBS
Developed economy labor markets are returning to more normal patterns. The collective mid-life crisis, when everyone decided that happiness was best achieved…
US crude oil production rises slightly less than expected – Commerzbank
The US Department of Energy has revised its forecast for US crude oil production slightly downwards for this year and next, Commerzbank’s commodity strategist…
Gold: New record highs – Commerzbank
Following the slump at the beginning of the week, the price of Gold has risen again to almost $2,430 per troy ounce, Commerzbank’s commodity strategist Barbara…
CNY: What’s been driving a stronger renminbi? – MUFG
The main economic data release overnight was the latest CPI report from China for July, MUFG FX analyst Lee Hardman notes.
USD/CNY rises back towards the…
EUR/USD: Stuck in a range between 1.06 and 1.10 this year – Rabobank
In the year-to-date USD/JPY has traded in a mighty range that has stretched almost from 140 to 162. By contrast EUR/USD has been stuck between 1.06 and 1.10,…