Category: Forex
USD/JPY Price Forecast: Consolidates near 160.00 as US ...
The USD/JPY pair trades in a tight range around 160.00 during the European trading session on Friday. The pair wobbles as investor...
India Gross Domestic Product Quarterly (YoY) above fore...
India Gross Domestic Product Quarterly (YoY) above forecasts (7.2%) in 1Q: Actual (7.8%)
India’s Q1 Gross Domestic Product expands beyond expect...
India’s Q1 Gross Domestic Product (GDP) data rises at a steady pace of 7.8% Year-on-Year (YoY), faster than estimates of 7.2%.
Canada Unemployment Rate expected to remain at 6.9% in ...
Statistics Canada will release its Labour Force Survey on Friday, and markets are bracing for quite a steady print. The Unemployme...
Nonfarm Payrolls expected to highlight US labor market ...
The United States (US) Bureau of Labor Statistics (BLS) will release the Nonfarm Payrolls (NFP) data for May on Friday at 12:30 GM...
Gold Price Forecast: XAU/USD languishes below $4,480 wi...
Gold (XAU/USD) nurses moderate losses on Friday, trading just above $4,460 at the time of writing, after failing to confirm a move...
US Dollar: Jobs data keeps upside risk – MUFG
MUFG’s Derek Halpenny notes the US Dollar (USD) is trading near the top of its recent range as markets await key United States (US...
Fed's Schmid: Inflation is the biggest risk facing the ...
Jeffrey Schmid, President of the Federal Reserve (Fed) Bank of Kansas City, said on Thursday that inflation remains the primary th...
WTI declines as Israel-Lebanon ceasefire eases tensions...
West Texas Intermediate (WTI) Crude Oil slips nearly 3% on Thursday as market sentiment improves following a ceasefire agreement b...
Chinese Yuan: Neutral within defined band against US Do...
UOB’s Quek Ser Leang and Lee Sue Ann report a sharp rebound in USD/CNH above 6.78, which invalidated their prior bearish view. The...
Silver Price Forecast: XAG rebounds, capped below 50-da...
Silver (XAG/USD) price bounces off weekly lows at $72.46 on Thursday, trading near $74.00, up over 1.70% on the day, as market moo...
Vietnam Dong: Inflation and trade headwinds build – Com...
Commerzbank highlights that Vietnam’s May Consumer Price Index (CPI) rose to 5.6% year-on-year, the highest since January 2020, dr...