WTI Crude trades near $65.50 as traders await key US Oil inventory data at 20:30 GMT. OPEC+ report signals rising supply through Q3, reinforcing pressure…
The Pound Sterling (GBP) is soft, down 0.3% against the US Dollar (USD) and underperforming most of the G10 currencies into Wednesday’s NA session, Scotiabank’s…
Pound Sterling (GBP) is soft and trading defensively into Thursday’s NA session with markets unphased by the BoE’s as-expected hold at 4.25% but offering some…
NZD/USD gains sharply to near 0.6040 as demand for risky assets improves despite tensions between Israel and Iran. Israel struck military and nuclear facilities in…
Euro (EUR) is entering Thursday’s NA session with a 0.3% decline against the US Dollar (USD) and underperforming most of the G10 currencies with the…
The Pound Sterling recovers to near 1.3330 against the US Dollar as the latter struggles to extend recovery. US-China trade uncertainty will likely keep investors…
US Core PCE rises to 2.8%, reinforcing Fed’s inflation concerns and limiting GBP/USD upside near 1.2967. UK Retail Sales beat forecasts, and the economy grows…
The US Dollar Index climbs on Thursday, holding within 103.00–104.00. Traders expect the Fed to stay on track with 2025 rate cuts. Geopolitical uncertainty drives…
The US Dollar trades stronger against most major peers on Thursday. Traders see the Fed sticking to its projected cutting cycle for 2025. The US…
Gold advanced to a fresh all-time high at $3,045 on Wednesday. Traders mull the upcoming Fed meeting while incorporating geopolitical news from Turkey and Ukraine. …