Category: Forex

Pound Sterling Price News and Forecast: GBP/USD pulls b...

The Pound Sterling trims some of its Wednesday gains versus the US Dollar, down by over 0.48% following solid US data. The sell-of...

Euro edges lower against the Japanese Yen despite ECB r...

EUR/JPY trades around 185.80 at the time of writing on Thursday, little changed on the day after reaching a one-month high earlier...

British Pound: Dips against US Dollar seen as buying op...

Scotiabank strategists Shaun Osborne and Eric Theoret note GBP/USD is slightly weaker as it gives back part of yesterday’s strong ...

Gold loses track of $4,000, drops as Oil shock revives ...

Gold price drops over 1.80% as tensions between the US and Iran fuel fears of a possible Oil supply disruption, driving energy pri...

Silver Price Forecast: XAG/USD tests the $55 floor as s...

Silver (XAG/USD) extends its decline on Thursday as the US Dollar (USD) rebounds and US Treasury yields stabilize following a two-...

European Union: Trade tools and China rebalancing – Sta...

Standard Chartered analysts Christopher Graham and Carol Liao discuss how the European Union is seeking to rebalance its trade rel...

Euro falls as strong US jobless claims support US Dolla...

EUR/USD trades lower near the 1.1440 area on Thursday, retreating around 0.2% as the US Dollar (USD) gains support from stronger-t...

Chinese Yuan: Gradual gains with capped upside against ...

OCBC strategists Sim Moh Siong and Christopher Wong note that USD/CNY has extended its decline on softer United States (US) Consum...

Mexican Peso drops as risk aversion underpins the US Do...

The Mexican Peso depreciated by about 0.30% on Thursday as market participants turned risk-averse amid an escalation of the Middle...

Singapore Dollar: Further upside risk builds against US...

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that USD/SGD downside momentum has intensified after a sharp intr...

Forex Today: US Dollar rises on resilient labor data, w...

The US Dollar Index (DXY) rises toward 100.80, gaining around 0.3% as stronger-than-expected United States labor-market data suppo...

USD/CHF Price Forecast: Swissie rebounds at 0.8042 supp...

The USD/CHF reversed course, rising by over 0.40% late Thursday as the Greenback staged a recovery amid overall risk aversion, hei...