Pound Sterling snaps three-day losing streak against US Dollar
[ad_1] The Pound Sterling gains marginally against its peers at the start of the week. 30-year UK Gilt yields soared…
Category: Forex News
Little reason to cut rates further for now – WSJ
[ad_1] Atlanta Federal Reserve (Fed) President Raphael Bostic told the Wall Street Journal on Monday that he sees little reason…
USD/JPY retreats from two-week high as Greenback’s momentum fades
[ad_1] USD/JPY eases after hitting a two-week high of 148.38 on Monday. The Greenback’s post-Fed rally loses steam, with the…
Dow Jones taps fresh record highs on Monday
[ad_1] The Dow Jones rose on Monday as equities resumed their upward momentum. The Fed’s rate cut last week bolstered…
USD/CAD steadies above 1.3800 as Canadian Dollar lags amid BoC easing
[ad_1] USD/CAD steadies above 1.3800 as the Canadian Dollar underperforms despite a weaker Greenback. The BoC cut rates to 2.50%…
Gold hits fresh all-time high as markets eye Fed speakers
[ad_1] Gold hits a fresh all-time high above $3,730 on Monday, extending gains for a sixth straight week. US Dollar…
Economy is near full employment
[ad_1] St. Louis Fed President Alberto Musalem explained on Monday that he backed last week’s rate cut, describing it as…
Euro holds ground amid hawkish Fed tone and improved consumer confidence
[ad_1] The Euro consolidates after a modest recovery, with upside limited by hawkish Fed commentary. Consumer sentiment in the Eurozone…
GBP/USD rebounds as Dollar softens, but UK risks limit upside
[ad_1] Sterling is boosted by broad US Dollar weakness, as DXY slides over 0.18%. Fed cut rates last week, signaling…
Canadian Dollar firms despite weaker July Retail Sales
[ad_1] The Canadian Dollar strengthens despite weaker July Retail Sales, with USD/CAD easing after failing to hold above the 1.3800…