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Euro trims losses against the British Pound following hot German inflation data
The Euro (EUR) has picked up from session lows against the British Pound (GBP) on Wednesday as hot G...
Markets quiet, awaiting US July CPI tonight for direction
Asia market update: Markets quiet, awaiting US July CPI tonight for direction; US/Asian Tech earning...
Euro trades with caution against US Dollar in countdown to US CPI data
The Euro (EUR) trades marginally lower at around 1.1534 against the US Dollar (USD) at the start of ...
South Korean Won: Energy shock drives sharp depreciation – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad highlights that the Korean Won is underperforming, with USD/KRW surging to its highest level since 2009.
USD/CAD Price Forecast: Uptrend stays intact as RSI nears overbought territory
The Canadian Dollar (CAD) recovers some ground against the US Dollar (USD) on Thursday, with USD/CAD reversing earlier gains as traders weigh a softer Greenback against lower Crude Oil prices.
Dow Jones Industrial Average hits record as investors rotate out of chips
The Dow Jones Industrial Average (DJIA) tore to a record on Thursday, adding 865 points, or 1.7%, to settle above 51,000 and print an intraday high near 51,300. The split tape underneath told the real ...
Pound Sterling Price News and Forecast: GBP/USD gains as Lebanon truce drama hits the US Dollar
The Pound Sterling (GBP) registers gains of over 0.16% on Thursday amid news that Israel and Lebanon agreed on a ceasefire, but headlines that Hezbollah rejected the plan triggered a retracement on Ca ...
Euro gains ground as Israel-Lebanon ceasefire lifts risk appetite
EUR/USD edges higher on Thursday as signs of easing tensions in the Middle East reduce safe-haven demand for the US Dollar (USD). At the time of writing, the pair trades around 1.1625, up 0.25% on the ...
British Pound gains as Lebanon truce drama hits the US Dollar
The Pound Sterling (GBP) registers gains of over 0.16% on Thursday amid news that Israel and Lebanon agreed on a ceasefire, but headlines that Hezbollah rejected the plan triggered a retracement on Ca ...
Australian Dollar trims gains after Bullock’s hawkish tone
The AUD/USD pair trades near 0.7140 on Thursday as the US Dollar (USD) regains traction following the latest labor market data, while traders continue to assess remarks from Reserve Bank of Australia ...
Oil: Middle East conflict reshapes outlook – BNY
Bob Savage highlights that the OECD now sees the Middle East conflict as the main driver of the global outlook, with surging energy and input prices lifting inflation and weighing on growth.
Japanese Yen: Focus on 160 level versus US Dollar and BoJ – Scotiabank
Scotiabank’s Analyst Team highlights that Japanese Yen gains are modest as USD/JPY hovers near the key 160 level, keeping intervention risk in focus.
European Gas: Positioning signals upside risk – ING
ING highlights that investment funds in TTF gas remain relatively relaxed despite LNG supply disruptions in the Middle East.
Warner Bros, Discovery (WBD) targets fresh all-time highs
Warner Bros. Discovery (NASDAQ: WBD) appears to have completed a significant long-term corrective cycle and is now showing signs of a new bullish trend.
US Dollar Index: Higher yields and Fed pricing support – Deutsche Bank
Deutsche Bank strategists note that rising US yields and stronger data have pushed market pricing for a Fed rate hike by December to 81%, helping support the Dollar Index.