GBP/USD opens the door to a visit to 1.3600
[ad_1] GBP/USD adds to the recent recovery past the 1.3500 level. The US Dollar starts the week on the back…
Category: Forex News
US Natural Gas consumption to hit new record. What’s next?
[ad_1] Natural Gas consumption in the United States (US) will reach a new peak in 2025, according to the latest…
Rates are already mildly accommodative
[ad_1] European Central Bank (ECB) board member Isabel Schnabel said on Tuesday that the interest rates are already mildly accommodative, adding…
WTI price bullish at European opening
[ad_1] West Texas Intermediate (WTI) Oil price advances on Tuesday, early in the European session. WTI trades at $64.69 per…
GBP/USD rises above 1.3500 as BoE rate cut odds fade, US Dollar weaken
[ad_1] GBP/USD receives support as the Pound Sterling rises amid fading odds of further BoE rate cuts. UK Chancellor of…
Canadian Dollar slips as US Dollar steadies in holiday-thinned market
[ad_1] USD/CAD snaps a four-day losing streak, rebounding modestly as the Canadian Dollar weakens. The US Dollar stabilizes after dipping…
US Dollar Index steadies above 97.50 as Fed rate cut bets weigh on outlook
[ad_1] The US Dollar Index may struggle due to the rising likelihood of a Fed rate cut in September. San…
Gold extends rally, eyes record high as US Dollar dips, Fed cut bets firm
[ad_1] Gold’s rally continues, with the metal advancing for a fifth consecutive session, pressing toward the all-time high zone. A…
AUD/USD advances to near 0.6550 as US Dollar declines ahead of US job data
[ad_1] AUD/USD jumps to near 0.6560 as Fed dovish expectations have weighed on the US Dollar. Fed officials have started…
Upward momentum is likely to lead to a higher range – UOB Group
[ad_1] Slight increase in upward momentum is likely to lead to a higher range of 1.3475/1.3535 rather than a sustained…