Gold price attracts some sellers for the third successive day on Monday. A positive risk tone and a modest USD uptick undermine the commodity. Fed…
AUD/USD drifts higher to 0.6280 in Monday’s early Asian session. Cautious RBA stance and China support underpin the Aussie. The preliminary reading of the US…
EUR/GBP may weaken as the BoE cautioned against expectations of rate cuts and raised its inflation forecast. GfK Consumer Confidence rose by one point to…
Pound Sterling (GBP) retains a firm tone versus the USD, reaching the 1.30 level for the first time since November before drifting back slightly, Scotiabank’s…
The Japanese Yen drifts lower amid a slight improvement in the global risk sentiment. Hawkish BoJ expectations and rising trade tensions should back the safe-haven…
The Pound Sterling (GBP) continues to track the broader trend in the USD, absent any major fundamental developments at home, Scotiabank’s Chief FX Strategist Shaun…
Gold price rebounds from a one-week low and draws support from a combination of factors. Global trade war fears and geopolitical risks continue to underpin…
Gold price holds steady near a one-week high, and lacks bullish conviction. Trade war fears, Fed rate cut bets, and a bearish USD support the…
Pound Sterling (GBP) is enjoying the ride provided by the generally softer USD and the additional tow from the EUR lifting its European peers, Scotiabank’s…
EUR/JPY depreciates as expectations grow that the BoJ will raise interest rates to tackle persistent inflation. Japan’s trade deficit increased to JPY 2,758.78 billion in…