Saudi Arabia raises selling prices for customers in Asia – Commerzbank
[ad_1] Saudi Arabia has raised its official selling prices for oil deliveries to Asia in September, Commerzbank’s commodity analyst Carsten…
Category: Forex News
India recently curtailed oil shipments from Russia – Commerzbank
[ad_1] Data from Bloomberg suggests that US President Trump’s threat of punitive tariffs against India has apparently already had an…
Swiss Franc subdued amid US tariff shock on Gold exports
[ad_1] USD/CHF trades below 0.8100, stuck in a narrow range amid cautious sentiment. Risk-on mood driven by strong global equities…
Canadian Dollar steadies after job losses, eyes on US CPI next week
[ad_1] The Canadian Dollar caught an early decline on Friday, but Greenback declines are squaring Loonie positioning. Canada shed jobs…
China’s trade data provide no new impetus for Copper – Commerzbank
[ad_1] The latest trade data from China were more or less neutral for the Copper price, Commerzbank’s Head of FX…
Likely most of tariff impact on inflation will fade
[ad_1] St. Louis Federal Reserve President Alberto Musalem said on Friday that the US economic activity remains stable, per Reuters.…
EUR/GBP steadies after BoE’s hawkish rate cut, divergence with ECB in focus
[ad_1] EUR/GBP rebounds from a one-week low of 0.8653, trading around 0.8670 on Friday. The BoE cut rates by 25…
Pound Sterling steady as GBP/USD holds gains following BoE hawkish cut
[ad_1] GBP/USD trades flat at 1.3437 as Dollar recovers modestly. BoE cuts rates 25 bps in a 5–4 split, signaling…
Dow Jones gains ground on easygoing Friday
[ad_1] The Dow Jones rose slightly on Friday to close out the week on the high side. Equities wrestled with…
XAG/USD rallies sharply, posts weekly gains of 3.5%
[ad_1] XAG/USD up 0.24% on Friday, on track to end week over 3.5% higher. Price surged more than 6% since…