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Pound Sterling Price News and Forecast: GBP/USD rallies as weak NFP smashes Fed hike bets
The Pound Sterling (GBP) registers solid gains against the US Dollar (USD) on Thursday after the lat...
Australian Dollar rises as weak US NFP weighs on the US Dollar
The AUD/USD pair climbed near the 0.6930 area on Thursday as the US Dollar (USD) came under pressure...
18 consecutive months and running: China’s central bank extends Gold-buying spree
China’s central bank, one of the major Gold purchasers worldwide, continued to add the precious metal to its vaults in April, in a sign that demand from sovereigns remains high.
Pound Sterling Price News and Forecast: GBP/USD firms as US CPI countdown tests USD bulls
The Pound Sterling gains 0.31% on Tuesday as the Greenback trims some of its earlier losses, amid risk appetite souring and traders waiting for the release of US inflation figures and tensions in the ...
US President Trump: US must react to Iranian assault
United States (US) President Donald Trump claimed that last night, Iranians shot down a US military Apache helicopter while patrolling the Strait of Hormuz.
Japanese Yen weakens despite strong Japanese GDP
The USD/JPY pair is trading slightly higher on Tuesday as investors digest stronger Japanese growth figures while maintaining a cautious stance ahead of key United States (US) inflation data. The goph ...
British Pound firms as US CPI countdown tests USD bulls
The Pound Sterling gains 0.31% on Tuesday as the Greenback trims some of its earlier losses, amid risk appetite souring and traders waiting for the release of US inflation figures and tensions in the ...
Dow Jones Industrial Average futures round-trip rally as chip bounce fades into CPI
The Dow Jones Industrial Average (DJIA) spent Tuesday proving that a one-day bounce is not the same as a bottom.
Australian Dollar slips as weak consumer confidence offsets strong China trade data
The AUD/USD pair falls to near 0.7040 on Tuesday, as the Australian Dollar (AUD) failed to gain support from stronger-than-expected Chinese trade data released earlier in the Asian session.
Euro gains against US Dollar as Middle East tensions ease, US CPI in focus
EUR/USD trades on the front foot on Tuesday as tentative signs of de-escalation in the Middle East conflict weigh on safe-haven demand for the US Dollar (USD). Lower Oil prices are also supporting the ...
Canadian Dollar holds steady as Middle East risks, BoC policy uncertainty cap moves
USD/CAD trades around 1.3950 on Tuesday at the time of writing after snapping a four-day winning streak.
United States 52-Week Bill Auction climbed from previous 3.65% to 3.75%
United States 52-Week Bill Auction climbed from previous 3.65% to 3.75%
Indonesian Rupiah: Stability relies on tighter BI policy – UOB
UOB’s Enrico Tanuwidjaja and Vincentius Ming Shen note that Indonesia’s FX reserves fell further in May as Bank Indonesia (BI) stepped up interventions to support the Rupiah, which has weakened sharpl ...
British Pound: Flow-driven gains eye resistance – Scotiabank
Scotiabank’s Analyst Team notes Sterling is a moderate outperformer versus core majors, supported by broader risk appetite rather than domestic data.