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Forex trading USD/CAD on trade talks, AUD inflation in focus – NVIDIA earnings next [Video]
In our last video, we looked at how a desperate move by the US Treasury to buy more long-dated US bo...
India’s Crude Import Bill Surges as Hormuz Shipping Rates Soar
India’s crude oil import bill has soared since the Iran war choked Middle Eastern oil supply, raised...
Euro declines against Canadian Dollar as oil prices rise
EUR/CAD extends its losing streak for the third consecutive day, trading around 1.6070 during the European hours on Tuesday. The currency cross depreciates as the commodity-linked Canadian Dollar (CAD ...
Spain 9-Month Letras Auction rose from previous 2.518% to 2.623%
Spain 9-Month Letras Auction rose from previous 2.518% to 2.623%
Spain 3-Month Letras Auction rose from previous 2.239% to 2.366%
Spain 3-Month Letras Auction rose from previous 2.239% to 2.366%
Japanese Yen: Stays weak within broad band against US Dollar – UOB
United Overseas Bank’s Quek Ser Leang and Lee Sue Ann report USD/JPY rebounded from 161.26 to trade between 161.55 and 162.48, closing firm at 162.42. They see scope for a test of 162.70 while keeping ...
Euro rises against US Dollar as latter corrects ahead of US CPI data
The Euro (EUR) trades slightly higher to near 1.1395 against the US Dollar (USD) during the European trading session on Tuesday. The major currency pair gains as the US Dollar corrects ahead of the Un ...
US CPI data set to show inflation cooled in June due to tumbling fuel prices
The US Bureau of Labor Statistics (BLS) will publish the June Consumer Price Index (CPI) data on Tuesday. The report is expected to show a decline in consumer inflation, driven by the easing of crude ...
Dow Jones futures fall ahead of results from Wall Street lenders
Dow Jones futures lose 0.26% to trade around 52,620 during European trading hours on Tuesday. Meanwhile, S&P 500 futures and Nasdaq 100 futures fall 0.03% and 0.42%, trading near 7,560 and 29,600, res ...
Oil: Stagflation fears rise with Middle East tensions – Deutsche Bank
Deutsche Bank strategists highlight a sharp jump in Oil prices driven by escalating tensions between the US and Iran and renewed rhetoric from President Trump on the Strait of Hormuz.
USD/CHF Price Forecast: Consolidates gains above 0.8130 with US CPI, Fed Warsh in focus
The US Dollar (USD) is trading practically flat against the Swiss Franc (CHF) on Tuesday, consolidating gains after a 0.7% rally on Monday, boosted by rising geopolitical tensions and hawkish Comments ...
USD/CAD Price Forecast: Surging Oil prices back further downside
The Canadian Dollar (CAD) trades higher against its major currency peers, except antipodeans, during the European trading session on Tuesday.
US Dollar: Fed reaction focus after Waller – MUFG
MUFG’s Michael Wan notes the Dollar strengthened as US Treasury yields rose and equities sold off, helped by renewed US–Iran tensions and higher Oil prices.
British Pound flat below 217.00 as JPY intervention risks cap gains; bullish bias intact
The GBP/JPY cross struggles to gain any meaningful traction and seesaws between tepid gains/minor losses through the early part of the European session on Tuesday.