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Pound Sterling Price News and Forecast: GBP holds losses below 1.3400

The British Pound (GBP) consolidates losses below 1.3400 against the US Dollar (USD) on Thursday, on track for a 0.6% weekly decline, following a reversal from 1.3558 highs last week.

Japanese Yen: Gradual appreciation path after extended weakness – Commerzbank

Commerzbank’s Volkmar Baur notes that the Japanese Yen remains historically weak, with USD/JPY above 162 and EUR/JPY near 186, but still forecasts gradual appreciation over the coming quarters.

Mexico 1st half-month Inflation came in at 0.07%, below expectations (0.1%) in July

Yen sold to new 40-year lows, while PBOC sets Dollar's reference rate at a three-year low

The foreign exchange market is quiet, and the US dollar is trading with a firmer bias. The widening Middle East war has lifted September WTI to $90 and October Brent to $93.

British Pound holds losses below 1.3400 as PM Burnam stokes fiscal worries

The British Pound (GBP) consolidates losses below 1.3400 against the US Dollar (USD) on Thursday, on track for a 0.6% weekly decline, following a reversal from 1.3558 highs last week.

EUR/USD recovers as Dollar weakens

EUR/USD rose to 1.1429 on Thursday, with the US dollar continuing its moderate decline from the previous session. The market is assessing rising inflation risks driven by elevated energy prices agains ...

European Central Bank: Oil-driven risks to policy path – Societe Generale

Societe Generale strategists note that Oil and Natural Gas prices have surged since the June European Central Bank (ECB) meeting, reversing optimism that followed the US–Iran Memorandum of Understandi ...

Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $58.84 per troy ounce, down 1.67% from the $59.83 it cost on Wednesday.

Gold – Sell trade idea [Video]

Potential for the bigger drop.

Netflix (NFLX) nearing final wave of correction as earnings pressure continues [Video]

Netflix is moving nicely lower with five waves down in wave C and is now potentially forming the final wave (5) after the latest earnings report.

WTI and Brent Crude higher on red sea aggression, XAU/USD and XAG/USD in falling wedges [Video]

As we all know, the Iran war is severely restricting the flow of Crude Oil through the Strait of Hormuz.

Burnham's first misstep spells bad news for pound

The accession of Andrew Burnham to the role of Prime Minister occurred with little fanfare in markets, once it became clear that Ed Miliband would not be the Chancellor.