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Pound Sterling Price News and Forecast: GBP/USD holds near 1.3500 as US CPI, UK GDP loom
The Pound Sterling (GBP) holds firm against the US Dollar (USD) on Tuesday following the release of ...
Will failure in Iran reshape how the US fights?
Veterans and voters have punished past administrations for costly wars, but these days many American...
Euro trims losses but Fed rate-hike bets keep gains in check
The Euro (EUR) stages a rebound against the US Dollar (USD) on Tuesday as month-end repositioning weighs modestly on the Greenback, limiting support from upbeat US economic data. At the time of writin ...
Silver Price Forecast: XAG/USD attempts to reclaim $60 as bearish trend persists
Silver (XAG/USD) edges higher on Tuesday as the US Dollar (USD) trims part of its intraday gains despite upbeat US economic data. At the time of writing, XAG/USD trades around $59.70, up nearly 2.5% o ...
Canada: GDP data signal firmer second quarter – RBC
Royal Bank of Canada (RBC) economist Abbey Xu notes that Canadian Gross Domestic Product (GDP) rose 0.5% in April, beating Statistics Canada’s 0.4% advance estimate and marking the strongest monthly g ...
European Central Bank: Hawkish bias sustained with one more hike – ING
ING’s Michiel Tukker and Benjamin Schroeder argue that reduced Oil sensitivity in rates and lingering uncertainty should prevent a strong dovish turn from the ECB.
Canadian Dollar gains after Canada's GDP growth tops forecasts
USD/CAD trims its intraday gains on Tuesday as the Canadian Dollar (CAD) strengthens after the latest Canadian Gross Domestic Product (GDP) data surprised to the upside. At the time of writing, the pa ...
United States CB Consumer Confidence Index rose to 91.2 in June
US consumer sentiment gains terrain in June, as the Conference Board’s Consumer Confidence Index rises to 91.2 from May’s 90.6 (revised from 93.1).
Canadian Dollar: Scope seen for recovery against US Dollar – TD Securities
TD Securities strategists argue that recent improvements in Canadian growth data justify a more constructive view on the Canadian Dollar (CAD).
Japanese Yen: Intervention risks rise – ING
ING’s Chris Turner notes that USD/JPY has broken above its 2024 highs near 162, reaching levels last seen in the 1980s, with traders focused on potential Bank of Japan (BoJ) action.
JNJ Elliott Wave analysis: Bullish rally targets $271.37 and beyond
Johnson & Johnson (JNJ) engages in research & development, manufacture & sale of range of products in the healthcare sector worldwide. It operates through Innovative Medicine & MedTech. It comes under ...
Euro stabilizes vs Yen amid softer German inflation, Japan intervention warnings
EUR/JPY trades modestly higher on Tuesday, hovering around 185.10 at the time of writing, up 0.07% on the day. The pair is supported by a resilient Euro (EUR) despite softer-than-expected German infla ...
Indian Rupee: Range trade persists against US Dollar – Societe Generale
Societe Generale strategists note that USD/INR is trading in a tight range, with robust foreign portfolio inflows into Indian debt and supportive domestic factors offset by a hawkish Federal Reserve ( ...
United States: Sticky inflation and Fed skepticism – NBC
National Bank of Canada's (NBC) Taylor Schleich and Vy Le note that United States (US) growth expectations remain healthy, with GDP projected to expand above 2% in 2026, but they see a less benign inf ...