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Pound Sterling Price News and Forecast: GBP/USD rallies as weak NFP smashes Fed hike bets
The Pound Sterling (GBP) registers solid gains against the US Dollar (USD) on Thursday after the lat...
Australian Dollar rises as weak US NFP weighs on the US Dollar
The AUD/USD pair climbed near the 0.6930 area on Thursday as the US Dollar (USD) came under pressure...
Bank of England: Hold stance extended as inflation risks linger – TD Securities
TD Securities economists expect the Bank of England (BoE) to keep Bank Rate at 3.75% with a 7-2 vote as Greene joins Pill in calling for a hike. They highlight persistent inflation pressures, upside r ...
United States UoM 1-year Consumer Inflation Expectations dipped from previous 4.8% to 4.6% in June
United States UoM 1-year Consumer Inflation Expectations dipped from previous 4.8% to 4.6% in June
United States UoM 5-year Consumer Inflation Expectation declined to 3.4% in June from previous 3.9%
United States UoM 5-year Consumer Inflation Expectation declined to 3.4% in June from previous 3.9%
United States Michigan Consumer Expectations Index came in at 49.3, above forecasts (44.3) in June
United States Michigan Consumer Expectations Index came in at 49.3, above forecasts (44.3) in June
United States Michigan Consumer Sentiment Index above expectations (46) in June: Actual (48.9)
United States Michigan Consumer Sentiment Index above expectations (46) in June: Actual (48.9)
British Pound: Poised to fall toward 1.3100 against US Dollar – BBH
Brown Brothers Harriman’s Elias Haddad says GBP/USD has given back part of its US-Iran-related gains and is expected to fall to 1.3100 as United States (US) growth outpaces the United Kingdom (UK).
Federal Reserve: Warsh policy shift and inflation focus – NBC
National Bank of Canada (NBC) strategists assess how Kevin Warsh may reshape Federal Reserve (Fed) policy.
US Dollar: Peace deal talk keeps support intact – ING
ING’s Chris Turner notes that a potential US-Iran peace deal has softened the Dollar, but DXY is still holding firm. He highlights that energy supply losses and inflation risks persist unless Oil flow ...
SpaceX set to surge in stock market debut
SpaceX’s IPO has been an historic market event for its sheer size and the scale of demand for its shares. Ahead of its debut on the Nasdaq, the shares are higher by 30% in the pre market, and could st ...
Pound Sterling Price News and Forecast: GBP picks up as Iran peace hopes offset soft UK GDP data
The British Pound (GBP) maintains a moderately positive tone against the US Dollar (USD) on Friday, as investors’ optimism about a US-Iran peace deal has offset rather uninspiring UK data.
WTI Price Forecast: RSI points lower as prices remain below key SMAs
West Texas Intermediate (WTI) pares some part of earlier losses on Friday as markets seek confirmation of a possible US-Iran agreement, prompting traders to refrain from placing aggressive bearish bet ...
Indian Rupee: External shocks pressure currency outlook – Commerzbank
Commerzbank analysts Charlie Lay and Moses Lim argue that the Rupee remains vulnerable to external shocks, notably Middle East tensions, higher energy costs and El Nino-related risks.