Escalating conflict between the White House and the Fed causes Gold to rise – Commerzbank
[ad_1] The Gold price surpassed the $3,400 per troy ounce mark yesterday and climbed further to a five-week high, Commerzbank’s…
Category: Forex News
EUR quiet in tight range with mixed data ahead of German CPI – Scotiabank
[ad_1] The Euro (EUR) is quietly consolidating within a remarkably tight range and entering Friday’s NA session unchanged from Thursday’s…
Outlook is mixed – UOB Group
[ad_1] US Dollar (USD) could edge lower; based on the current momentum, it may not reach the major support at…
GBP is weak within range – Scotiabank
[ad_1] The Pound Sterling (GBP) is weak, down 0.4% against the US Dollar (USD) and underperforming all of the G10…
USD/CNH remains negative – UOB Group
[ad_1] The sharp drop in US Dollar (USD) could test 7.1100 before stabilization can be expected; the next support at…
Markets balance weaker data and supportive spreads – Scotiabank
[ad_1] The Japanese Yen (JPY) is entering Friday’s NA session flat from Thursday’s close, Scotiabank’s Chief FX Strategists Shaun Osborne…
Canadian Dollar steady as markets brace for GDP and US PCE inflation
[ad_1] USD/CAD steadies near 1.3750, pausing a three-day losing streak ahead of key data. The US Dollar Index stabilizes around…
Euro steadies below 100-day EMA, eyes 0.9400 hurdle
[ad_1] EUR/CHF holds modest gains after a two-day rebound, though intraday momentum is fading. The cross is trading just below…
EUR/USD steadies above 1.1660 as US PCE data matches expectations
[ad_1] EUR/USD trades under pressure on Friday but holds steady above 1.1660 after US PCE data matches expectations. US core…
Canadian economy contracts by 1.6% in the second quarter
[ad_1] Canada’s real GDP contracted more than expected in Q2. USD/CAD trades in positive territory above 1.3770 after this data.…