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Pound Sterling Price News and Forecast: GBP/USD slips on solid US jobless claims as Fed hawks lift USD
The Pound Sterling (GBP) registers back-to-back bearish days on Thursday, down about 0.05% against t...
Update: Technology Lifts US Equity Indexes After Nvidia's Blowout Quarterly Results
(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit...
British Pound sticks to post-UK inflation losses as faster BoJ rate hike bets lift JPY
The GBP/JPY cross attracts some intraday sellers on Wednesday and slides below the 218.00 mark during the first half of the European session. Spot prices remain, however, confined within the previous ...
Lagarde to 'keep door open' for Sept hike, Euro to take hit
EUR/USD continues to find some support above the 1.14 level, though with the Iran war continuing to drag on and oil prices trending higher we could see a modest retracement in the near-term.
Burnham's cost of living measures unlikely to combat Iran energy rises
The pound fell below the 1.34 level on the dollar yesterday, we think in large part due to Burnham’s comments on wanting “flexibility” within the fiscal rules, which some investors fear is code for mo ...
Oil: Supply risks support Brent valuations – ING
ING strategists Warren Patterson and Ewa Manthey highlight growing Oil supply disruptions across the Middle East and Black Sea. They note risks to Saudi crude exports via the Red Sea, renewed Persian ...
Australian Dollar weakens as global energy supply disrupts further
The Australian Dollar (AUD) underperforms its major currency peers, trading marginally down at around 0.7000 against the US Dollar (USD) during the European trading session on Wednesday.
GBP/USD Price Forecast: Remains below 50-day EMA near the confluence of 1.3400
GBP/USD remains steady after four days of losses, trading around 1.3370 during the European hours on Wednesday. The pair is holding a mildly bearish near‑term bias as spot remains capped beneath the 5 ...
Australian Dollar: 0.6970 support keeps upside intact against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report AUD/USD has eased after testing above 0.7020, with intraday price action now seen consolidating between 0.6985 and 0.7020.
Asia wrap: Tech rebound loses altitude as alphabet and $100 Oil loom
Asia’s technology rebound began the session with momentum but gradually lost altitude as investors looked beyond the relief rally and towards the next major test of the AI boom.
United Kingdom DCLG House Price Index (YoY) declined to 2.7% in May from previous 3.8%
United Kingdom DCLG House Price Index (YoY) declined to 2.7% in May from previous 3.8%
Euro remains stuck near 1.1400 amid rising tensions in Iran, higher Oil prices
The Euro’s (EUR) modest upside attempt against the US Dollar (USD) witnessed during Wednesday’s Asian session has been short-lived. The EUR/USD pair was capped below 1.1420, before pulling back to lev ...
Japanese Yen: Weakness persists as BoJ hike talk grows – MUFG
MUFG’s Derek Halpenny highlights persistent Japanese Yen weakness as USD/JPY trades at levels last seen in 1986, with low volatility undermining the Ministry of Finance’s case for intervention. He not ...
Japanese Yen gains strongly on hopes of BoJ aggressive tightening cycle
The Japanese Yen (JPY) attracts significant bids against its major currency peers during the European trading session on Wednesday. The USD/JPY pair falls vertically to near 162.65, but quickly recove ...