Forex

The Joint Ministerial Monitoring Committee (JMMC) of OPEC+ did not decide to change production policy at its virtual meeting yesterday, Commerzbank’s commodity…

Nonfarm Payrolls (NFP) in the US rose 114,000 in July, the US Bureau of Labor Statistics (BLS) reported on Friday. This reading followed the 179,000 increase…

As expected, the Bank of England (BoE) started the rate cut process yesterday. However, the vote was extremely close, with five policymakers voting for the…

Gold price climbs above $2,460 as US bond yields and the US Dollar face pressure ahead of the US NFP for July. The Fed appears comfortable with market…

Outlook is mixed; the US Dollar (USD) could trade choppily between 148.20 and 150.50, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann note.   The next…

Room for the Euro (EUR) to test the major support at 1.0760 before a recovery can be expected, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann note. May…

The US Dollar Index keeps the vacillating price action in the low 104.00s. US slowdown concerns lent support to the Greenback post-Fed. The July Nonfarm…

USD/CHF extends its losing streak following the release of Swiss Consumer Price Index data on Friday. Swiss CPI rose by 1.3% as expected to be consistent in…

Key points NVIDIA stock is down about 10% since the June 10 stock split The company got some good news recently from Microsoft and Meta on AI…

USD/CAD has retreated from an eight-month high at 1.3889 marked on Thursday. The slight increase in Oil prices is providing support for the commodity-linked…