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Markets
The enriched uranium market is all at sea
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The Atlantic Action II is stuck in limbo far from the…
BoE’s Ramsden: A very small miss on one month’s inflation forecast doesn’t change my assessment
Bank of England (BoE) Deputy Governor Dave Ramsden spoke late in the London market session on Wednesday, highlighting the BoE dove's stance on rate cuts versus…
EUR/CAD Price Analysis: Pair fell deeper, approaching last week’s lows, indicators deep in negative territory
EUR/CAD dropped 0.29% on Wednesday.
The cross fell deeper, reaching lows last seen in July, with technical indicators remaining deeply negative.
EUR/CAD…
GBP/USD Price Forecast: Tumbles below 1.2700 after hot UK CPI
GBP/USD declines following a surge in UK inflation, raising prospects of a less accommodative Bank of England.
Technicals indicate bearish momentum with the…
GBP/JPY gains a lift after UK consumer price data and fall in safe-haven flows
GBP/JPY rises as a result of a mixture of higher-than-expected UK data and lower safe-haven flows into JPY.
UK inflation data beat expectations, increasing…
USD/CHF Price Forecast: Extends recovery above 0.8850
USD/CHF recovers further above 0.8850 as the US Dollar bounces back strongly.
Traders doubt whether the Fed will cut interest rates in December.
USD/CHF…
Mexican Peso trades mixed as markets absorb geopolitical risk
The Mexican Peso trades mixed in its key pairs as markets absorb heightened geopolitical tensions and idiosyncratic factors.
The Peso has completed five up…
ECB: Euro area’s negotiated wages rise by 5.42% YoY in Q3 2024 vs. 3.54% in Q2
On Wednesday, the European Central Bank (ECB) released its indicator of the Euro area’s negotiated wages data for the third quarter of 2024.
Data showed that…
Sage shares rise a fifth after jump in operating profits
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Shares in UK software group Sage rose almost a fifth as…
USD/CNH: Unlikely to reach the strong support at 7.2000 – UOB Group
The US Dollar (USD) could weaken further; any decline is unlikely to reach the strong support at 7.2000. In the longer run, momentum is beginning to slow; a…