Forex
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Euro retreats from weekly highs against British Pound as UK data beats expectations
EUR/GBP eases below 0.8590 from session highs just below the 0.8600 line. Strong UK GDP and Industrial Production data have…
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GBPUSD rises after UK GDP and industrial production data
UK GDP grew by 0.4% m/m, compared with expectations of 0.0% and 0.3% previously. On a 3M/3M basis, GDP increased…
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Australian Dollar softens to near 0.7150, US CPI inflation data looms
AUD/USD loses ground to near 0.7155 in Friday’s Asian session. Traders raise their bets on a US September rate hike…
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United States Dollar Index holds onto gains above 99 ahead of US CPI data
The US Dollar trades firmly above 99.00 ahead of the US CPI data for August. The US headline CPI is…
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Swiss Franc declines as US Dollar strengthens on rising Fed hike bets
USD/CHF appreciates as growing expectations for a September Federal Reserve rate hike strengthen the US Dollar. August US Producer Price…
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EUR/JPY Price Softens to near 179.00, bearish bias remains intact below 100-day SMA
EUR/JPY Price Forecast: Softens to near 179.00, bearish bias remains intact below 100-day SMA EUR/JPY weakens to near 179.10 in…
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Today Markets – Pick of The Week – USD/JPY
If you want to trade a volatile asset class right now, foreign exchange, specifically yen crosses and USD/JPY, is the…
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Rupee Extends Slide to Two-Week Low
The Indian rupee fell to around 95.7 per dollar, extending losses for a fourth consecutive session to two-week lows as…
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South Korean Won Eases From Near 2-Year High
The South Korean won traded around 1,346 per dollar, easing slightly but remaining near a two-year high, as surging oil…
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EUR/USD Price Consolidates around 1.1640 in countdown to ECB’s policy decision
The Euro remains sideways at around 1.1640 against the US Dollar ahead of the ECB’s interest rate announcement. The ECB…
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