Concerns over softening global demand have so far outweighed any benefits from lower US rates and Latam currencies remain ...
Inflation in the US, as measured by the CPI, is expected to increase at an annual rate of 2.6% in August, down from the 2.9% ...
The USD braces for intense volatility, as any surprises from the US inflation report could significantly impact the market’s pricing of the Federal Reserve (Fed) interest rate cut expectations in ...
GBP/USD traded above 1.310 as European currencies moderately benefitted from Harris being the perceived winner of the debate, but is struggling to hold on to gains this morning after some ...
The Mexican Peso (MXN) is under downward pressure due to concerns over judicial reforms and dovish expectations for the Bank ...
The US presidential debate did not generate any shockwave for EUR/USD, but gave enough short-term support to the pair to send it back to 1.105 after a soft session yesterday, ING’s FX strategist ...
The Pound Sterling (GBP) could retest the 1.3050 level before a more sustained rebound is likely. In the longer run, GBP is expected to weaken further; the next level to watch is 1.3000, UOB Group FX ...
Interestingly, USD/CNY is only modestly lower and two key China proxy trades (AUD and NZD) are lagging other G10 currencies.” “That may be a consequence of Harris opposing Trump’s universal tax plans ...
The AUD/USD pair manages to defend the 100-day Simple Moving Average (SMA) support and attracts some buyers near the 0.6645 region on Wednesday. Spot prices maintain the bid tone near the ...
Gold trades close to its $2,531 all-time-high amid expectations of the Fed cutting interest rates and a weak US Dollar.
Gold rapidly approached the upper band of its three-week-old tight range at 2,530, increasing the possibility of entering ...
Scope for the Euro (EUR) to test 1.0995 before the risk of recovery increases. In the linger run, EUR is likely to continue to weaken; the next level to watch below 1.0995 is at 1.0960, UOB Group FX ...
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