The Canadian Dollar (CAD) has shed a little ground on the day but is trading more or less unchanged on the session, Scotiabank’s Chief FX…
Gold price comes under renewed selling pressure despite a combination of supporting factors. A weaker risk tone and some follow-through USD selling do little to…
EUR/JPY weakens for a second day, slipping below recent peaks amid cooling Eurozone inflation. Eurozone headline CPI confirmed at 1.9% in May, falling below ECB’s…
The Indian Rupee recovers after two days of losses, tracking a weaker US Dollar Index. Fresh trade data and easing wholesale inflation support INR sentiment.…
GBP/USD Weekly Outlook: Pound Sterling braces for Fed/ BoE policy outcomes The Pound Sterling (GBP) stood tall for the third consecutive week against the US…
The Euro (EUR) is weak, down 0.6% and fully retracing Thursday’s ECB (and US PPI)-driven rally, fading back to the psychologically important 1.15 level. Medium-term…
The US Dollar Index depreciates amid rising odds of the Fed rate cut in September. The US Consumer Price Index climbed 2.4% YoY in May,…
NZD/USD edges higher to around 0.6035 in Thursday’s early European session, bolstered by the softer US Dollar. Softer US inflation data undermines the US…
Silver retreats 0.87% as RSI signals overbought market conditions. US CPI miss boosts rate cut bets but fails to support metals. Key support lies at…
The Swiss Franc rises for the third straight session, with USD/CHF down nearly 0.70% intraday. Switzerland’s Q1 GDP beat forecasts with 0.5% QoQ growth, while…