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Gold nears record highs as dovish Fed outlook underpins demand
Gold (XAU/USD) extends its advance on Friday as expectations build for further monetary policy easing by the Federal Reserve (Fed) after this week’s interest rate cut. At the time…
The whale oil lesson markets shouldn’t ignore
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is head of FIC and commodities research at…
EUR/GBP steady as German inflation holds, UK GDP fuels BoE easing bets
EUR/GBP trades without a clear direction on Friday, hovering around 0.8760 at the time of writing, with the pair remaining stable despite contrasting macroeconomic developments…
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USD edges higher as global equities hit record highs – BBH
USD recovered some of yesterday’s losses and trading close to the middle of its range in place since June. The MSCI All Country World Index rallied to a record high yesterday…
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EUR/USD corrects lower with its broader bearish trend intact
EUR/USD posts marginal losses, trading right below 1.1730 on Friday after pulling back from its highest levels in more than two months at 1.1762 reached on Thursday. The increasing…
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USD/CNH extends decline as CNY fix hits 14-month low – OCBC
USD/CNH continues to drift lower amid a softer US Dollar (USD) and another strong CNY fix, with the PBoC guiding the RMB along a controlled appreciation path. USD/CNH last seen at…