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Pound Sterling Price News and Forecast: GBP/USD holds weekly gains as Fed hike doubts deepen
The British Pound steadied against the US Dollar on Friday, but it is poised to end the week with ga...
WTI Crude Oil advances on softer US jobs data and lingering Middle East tensions
West Texas Intermediate (WTI) trades around $68.65 at the time of writing on Friday, up 0.30% on the...
Oil Markets Grow Numb to U.S.-Iran Ceasefire Drama
Oil prices remain stuck in a tight range as traders look past geopolitical headlines and wait for cl...
US Dollar Index: Consolidation phase before data – ING
ING’s Chris Turner notes that risk assets and Asian currencies have stabilised, but expects the US Dollar (USD) to stay supported on dips as markets await key US data and central bank meetings.
Euro remains stronger against Japanese Yen following German Industrial Production data
EUR/JPY extends its gains for the second successive day, trading around 184.90 during the Asian hours on Tuesday. The currency cross holds gains as the Euro (EUR) remains stronger following the releas ...
Australian Dollar picks up amid easing geopolitical tensions, bright data from China
The Australian Dollar (AUD) posts moderate gains against the US Dollar (USD) on Tuesday, regaining some of the ground lost last week, although it remains at its lowest level in nearly two months. News ...
Austria Trade Balance: €-563.3M (March) vs previous €342M
Austria Trade Balance: €-563.3M (March) vs previous €342M
Forex Today: US Dollar retreats from two-month high as Middle East tensions ease
Here is what you need to know on Tuesday, June 9:
Russian Ruble: Oil-driven gains seen fading into year-end – Commerzbank
Commerzbank’s Tatha Ghose notes that Russia’s central bank has shifted EUR/RUB pricing to derive from USD/RUB, despite thin hard-currency trading. Recent strength in Oil revenues, with Urals averaging ...
GBP/USD Price Forecast: Overall trend appears sideways amid Triangle formation
The GBP/USD pair trades 0.26% higher at around 1.3375 during the European trading session on Tuesday. The Cable gains as the US Dollar (USD) declines amid expectations that the United States (US) coul ...
Japanese Yen: May weaken toward 160.75 against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann describe USD/JPY as range-bound intraday between 159.90 and 160.40 after a brief spike and reversal, but maintain a slightly positive multi-day stance.
USD/CAD Price Forecast: Eases from 1.3960 highs with the bullish trend in play
The US Dollar (USD) trades moderately lower against the Canadian Dollar (CAD) on Tuesday, pulling back from levels a few pips shy of the year-to-date peak, at 1.3966.
Euro holds losses against British Pound despite stronger Germany’s Industrial Production data
The EUR/GBP cross holds negative ground near 0.8640 during the early European trading hours on Tuesday. The Euro (EUR) remains weak against the British Pound (GBP) despite the stronger German Industri ...
Euro: Two month low tests against US Dollar as yields swing – Danske Bank
Danske Research Team notes that EUR/USD briefly touched a new two‑month low near 1.1500 at the start of the week before retracing slightly higher. They highlight concurrent V-shaped moves in global yi ...
Germany’s Industrial Production rises 0.4% MoM in April, as expected
Germany’s industrial sector activity rebounds in April, the latest data published by Destatis showed on Tuesday.