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Colombia's Oil and Gas Reserves Keep Shrinking
For a decade, Colombia's economically vital oil industry has been caught in a death spiral. A combin...
Forecasting the upcoming week: US Dollar's resilience faces Fed minutes and jobless claims
The upcoming week will bring a fresh test for major currency pairs as investors return from the US I...
Copper's Next Move Depends On Washington, Not The Strait Of Hormuz
Six months after Operation Epic Fury upended the metals complex, the Strait of Hormuz still can't de...
British Pound remains on the defensive as investors await BoE’s decision
The British Pound (GBP) trims losses against the US Dollar (USD) on Thursday, but remains near the two-month low hit on Wednesday.
EUR/JPY Price Forecast: Trades above 185.00 after rebounding from ascending channel bottom
EUR/JPY gains ground after registering modest losses in the previous day, trading around 185.10 during the early European hours on Thursday. The currency cross holds a capped tone as spot has slipped ...
USD/CAD Price Forecast: Gains ground above 1.4100, but overbought signals flag pullback risk
The USD/CAD pair trades on a positive note near 1.4105 during the early European trading hours on Thursday. The US Dollar (USD edges higher against the Canadian Dollar (CAD) after a hawkish hold by th ...
Forex Today: US Dollar rallies on hawkish Fed, focus shifts to BoE
Here is what you need to know on Thursday, June 18:
United States Dollar Index: Hawkish Fed repricing supports gains – Deutsche Bank
Deutsche Bank’s Early Morning Reid team notes that Kevin Warsh’s hawkish debut as Fed Chair and a more aggressive dot plot pushed markets to fully price a Fed hike by October.
Euro trims gains against the British Pound after UK jobs data, BoE rate decision looms
The EUR/GBP cross pares gains near 0.8650 during the early European trading hours on Thursday. The British Pound (GBP) trades flat against the Euro (EUR) following the UK employment report. All eyes w ...
Switzerland Exports (MoM) increased to 25128M in May from previous 22286M
Switzerland Exports (MoM) increased to 25128M in May from previous 22286M
Switzerland Imports (MoM) fell from previous 19188M to 19018M in May
Switzerland Imports (MoM) fell from previous 19188M to 19018M in May
United Kingdom Claimant Count Rate climbed from previous 4.4% to 4.5% in May
United Kingdom Claimant Count Rate climbed from previous 4.4% to 4.5% in May
United Kingdom Unemployment Rate falls to 4.9% in April: What it means for the British Pound
The United Kingdom’s (UK) ILO Unemployment Rate fell to 4.9% in the three months to April after reporting 5.0% in the previous reading, data published by the Office for National Statistics (ONS) showe ...
Switzerland Trade Balance increased to 6110M in May from previous 3098M
Switzerland Trade Balance increased to 6110M in May from previous 3098M
United Kingdom Employment Change (3M) came in at 100K, above forecasts (80K) in April
United Kingdom Employment Change (3M) came in at 100K, above forecasts (80K) in April