Gold sticks to strong gains nears all-time high on Fed bets, geopolitical risks
[ad_1] Gold prolongs its uptrend and climbs back closer to the all-time peak on Monday. Fed rate cut bets keep…
Category: Forex News
EUR/JPY climbs above 172.00 amid lingering uncertainty over Eurozone inflation
[ad_1] EUR/JPY continues to appreciate as the Euro receives support after hotter German inflation. ECB’s Olli Rehn stated that the…
Chance to GBP to test 1.3545 – UOB Group
[ad_1] There is a chance for Pound Sterling (GBP) to test 1.3545; the major resistance at 1.3575 is unlikely to…
Significant increase in Russian Oil shipments to India expected in September – Commerzbank
[ad_1] Bloomberg data showed that Russian Oil exports to India fell by almost 40% compared to the previous week to…
AUD/USD might rise above 0.6540 – UOB Group
[ad_1] Australian Dollar (AUD) could rise above 0.6540; it is unlikely to reach the next resistance at 0.6555. In the…
US Oil stocks fell last week, strong demand for Oil products – Commerzbank
[ad_1] According to the US Department of Energy, US crude Oil inventories fell by 2.4 million barrels last week compared…
USD edges higher on Waller comment, more losses ahead – Scotiabank
[ad_1] The US Dollar (USD) is tracking a little higher into the end of the week after finding a little…
Major resistance at 0.5920 is unlikely to come under threat – UOB Group
[ad_1] New Zealand Dollar (NZD) is expected to move higher, but the major resistance at 0.5920 is unlikely to come…
CAD gains stalled in low/mid 1.37s ahead of GDP data – Scotiabank
[ad_1] Canadian Dollar (CAD) gains have stalled in the low/mid-1.37 zone, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret…
XAG/USD corrects slightly from $39 ahead of US PCE inflation data
[ad_1] Silver price retreats to near $38.80 ahead of the US PCE inflation data for July. Fed’s Waller warns of…