Category: Forex
Canadian Dollar: USMCA uncertainty weighs on Loonie – I...
ING’s Chris Turner highlights risks from the scheduled United States-Mexico-Canada Agreement (USMCA) review for Canada and Mexico,...
ISM Manufacturing PMI expected to reaffirm expansion in...
Attention shifts to Wednesday’s release of the June ISM Manufacturing Purchasing Managers Index (PMI), one of the most closely fol...
Gold Price Forecast: XAU/USD hovers near YTD lows at $3...
Gold (XAU/USD) extends losses for the fourth consecutive day on Wednesday, hitting session lows at $3,960, with the year-to-date l...
Australian Dollar dips as firm US labor data, risk aver...
AUD/USD trades lower on Wednesday, hovering around 0.6900 at the time of writing, down 0.31% on the day as the US Dollar (USD) ben...
Fed’s Hammack: “Inflation is still too high, Fed may ne...
Beth Hammack, President of the Federal Reserve (Fed) Bank of Cleveland, told CNBC on Tuesday that the United States (US) economy ...
Canada: GDP data signal firmer second quarter – RBC
Royal Bank of Canada (RBC) economist Abbey Xu notes that Canadian Gross Domestic Product (GDP) rose 0.5% in April, beating Statist...
Silver Price Forecast: XAG/USD attempts to reclaim $60 ...
Silver (XAG/USD) edges higher on Tuesday as the US Dollar (USD) trims part of its intraday gains despite upbeat US economic data. ...
Gold steadies after sliding to fresh seven-month low, F...
Gold (XAU/USD) rebounds on Tuesday after falling to a fresh seven-month low of $3,941 in the Asian session, as dip buyers help the...
British Pound holds firm as political stability offsets...
The Pound Sterling (GBP) advances 0.11% on Tuesday against the US Dollar (USD) despite UK data showing the economy is slowing, whi...
Euro trims losses but Fed rate-hike bets keep gains in ...
The Euro (EUR) stages a rebound against the US Dollar (USD) on Tuesday as month-end repositioning weighs modestly on the Greenback...
Japanese Yen extends its fall as US-Japan rate gap unde...
USD/JPY trades around 162.65 at the time of writing, up 0.44% on the day, and remains close to its highest level in several decade...
Australian Dollar advances as hawkish RBA Minutes meet ...
AUD/USD trades higher near 0.6915 on Tuesday as investors digest the latest Reserve Bank of Australia (RBA) Meeting Minutes and a ...
