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Euro rebounds strongly against Yen after German, Eurozone Q2 GDP data

The Euro (EUR) claws back its early losses and turns almost flat against the Japanese Yen (JPY) after the release of preliminary German Q2 Gross Domestic Product (GDP) and inflation data for its six s ...

Eurozone GDP returns to growth in Q2, rises strongly by 0.4%

According to Eurostat, Eurozone Gross Domestic Product (GDP) growth turns positive in the second quarter of this year after declining 0.2% in the previous quarter. The GDP growth data is at 0.4%, high ...

BoE interest rate expected to remain unchanged at 3.75% as markets look for policy clues

The Bank of England (BoE) is on track to keep the benchmark Bank Rate steady at 3.75% for the fifth straight meeting on Thursday, despite the renewed surge in Oil prices in July and a leadership chang ...

Swiss Franc: Undervaluation supports APAC recovery trades – BNY

BNY’s Geoff Yu highlights that the Swiss Franc looks undervalued on both nominal and real effective exchange rate measures, near one-year and 15‑month lows respectively.

GBP/USD Price Forecast: Keeps the red near 1.3350 as traders await BoE rate decision

The GBP/USD pair meets with fresh supply on Thursday and retreats further from the weekly high, around the 1.3385-1.3390 region, touched the previous day.

Euro trims daily losses as German preliminary GDP beats expectations

The Euro (EUR) nudges down against the US Dollar (USD) on Wednesday, despite a mild uptick following stronger-than-expected German Gross Domestic Product (GDP) data.

Euro: Data-driven range trade into Q3 against US Dollar – ING

Chris Turner at ING writes that EUR/USD bounced modestly after the FOMC but was constrained by higher long-dated US yields and pressure on US growth stocks.

Portugal Gross Domestic Product (YoY) up to 2.5% in 2Q from previous 2.3%

US GDP expected to grow at 2.1% in Q2, unshaken by Iran conflict

The United States (US) Bureau of Economic Analysis (BEA) is set to publish its preliminary estimate of second-quarter Gross Domestic Product (GDP) on Thursday, with analysts expecting the data to show ...

Silver Price Forecast: XAG/USD turns upside down amid soaring US Treasury Yields

Silver price (XAG/USD) gives back its early gains and turns negative on Thursday. The white metal trades 0.7% lower at around $57.25 in the European trade after a positive start, which led to hitting ...

Indian Rupee: RBI seen on hold as growth solid – Commerzbank

Commerzbank’s analysts report that USD/INR has eased as India’s June industrial production surprised to the upside and inflation stayed within the Reserve Bank of India’s target band.

BoE meeting preview: FTSE 100 reaches a record high as we wait for Bailey

The Bank of England will announce its policy decision later today and release its updated economic forecasts. Th BOE is expected to remain on hold for another month, and the vote split is also expecte ...