The GBP/JPY remains directionless on Thursday as traders turn cautious about opening fresh directional bets amid intervention ...
Gold price edges higher to around $4,360 in Friday’s early Asian session. Traders further reduced the odds for a Fed September rate hike following cooler US PPI inflation data. Iran said the Strait of ...
GBP/USD trades just under 1.3500 after a session range barely 40 pips wide. June growth 0.3% against a flat consensus, manufacturing output down 0.5%. September Fed hike odds 34.8%, down from a coin ...
Gold drops as Dollar pares losses despite softer US inflation and jobs data. US PPI cools, while jobless claims signal labor softness. Fed officials remain divided as traders price in a September hold ...
Silver trades modestly lower on Thursday, holding within Monday’s trading range as buyers take a breather following the strong rally seen at the start of the month.
USD/MXN extends 14-day slide, hovering just above 17.00. Break below 17.00 exposes 16.52 and 16.26 supports. Recovery above 17.40 could target 17.50 and 200-day SMA. Markets analyst, news editor, and ...
AUD/USD keeps a constructive medium-term bias while above 0.6930. Bulls now need to clear 0.7100 to improve the broader outlook. Market participants shift their focus to the speech by the RBA’s ...
US producer prices cool more than expected in July. Annual producer inflation slows sharply to 4.7% from 5.5% in June, also undershooting forecasts. The data reinforce signs of easing US inflation ...
According to a Reuters poll, the European Central Bank (ECB) will hike its deposit rates by 25 basis points (bps) to 2.50% in September, said 57 of 69 economists.
President Thomas Barkin highlighted on Thursday the persistent uncertainty surrounding the US inflation outlook and monetary policy.
Quek Ser Leang and Lee Sue Ann note USD/SGD stayed largely unchanged around 1.2805 on Tuesday, with momentum still flat.
Silver price (XAG/USD) trades in a tight range at around $65.40 during the Asian trading session on Thursday. The Silver price struggles for a direction; however, an expected slowdown in United States ...