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Pound Sterling Price News and Forecast: GBP/USD edges higher as traders await UK jobs and CPI data
The Pound Sterling (GBP) registers modest gains of 0.14% on Monday against the US Dollar (USD) as in...
The US Dollar Index cannot rally with Washington on the offer
The Dollar Index trades near 99.50, roughly a tenth of a percent lower, having opened directly on it...
Update: US Equity Indexes Mixed as Tech Gains Lift Nasdaq, Trump Threatens to Bomb Oman as Iran Peace Deal Deadline Expires
(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first pa...
Why is the Japanese Yen stuck near 159.25 after the first joint US-Japan intervention since 2011?
The Japanese Yen (JPY) continues to navigate complex market dynamics, consolidating near the 159.25 level against the US Dollar (USD) following a sharp upward push.
GBP/JPY Price Forecast: Recovery stalls below the 50-day SMA
GBP/JPY holds firm on Wednesday, trading within Monday’s range as the Japanese Yen (JPY) stays on the back foot, having given up nearly half of the gains triggered by the joint US-Japan intervention. ...
British Pound: Strong Q2 may give way to flat growth - TD Securities
TD Securities strategists expect United Kingdom (UK) June Gross Domestic Product (GDP) data to show a reversal of May’s strength in professional services, offsetting solid retail sales and leaving the ...
Pi Network Price Forecast: PI hits a make-or-break level amid renewed social buzz
Pi Network (PI) is holding steady around $0.0887 on Wednesday, sustaining its 2% gain from the previous day. Data shows a fresh spike in retail demand amid stable positional buildup in PI futures. The ...
United States MBA Mortgage Applications up to 3.6% in August 7 from previous -2.9%
Gold extends gains above $4,400 after US CPI meets expectations
Gold (XAU/USD) extends gains above $4,400 on Wednesday as traders digest US inflation data, which came broadly in line with expectations. At the time of writing, XAU/USD trades around $4,429, up 1.38% ...
Yen attempts to bounce up from 159.45 lows ahead of the US inflation release
The Japanese Yen (JPY) is one of the best performers in an unusually low-volatility market on Wednesday, picking up to levels near 159.00 against the US Dollar, after hitting support in the 159.45 are ...
The (very) long end of the US yield curve recently hit multi-annual highs
Oil prices traded volatile yesterday between $88/b and $90/b. The Iranian headline roulette kept spinning conflicting messages. The US upping compensation demands from Iran caused a first spike higher ...
Australian Dollar outperforms despite RBA’s hawkish tone fails to sway markets
The Australian Dollar (AUD) is up against its major currency peers, trading marginally higher at around 0.7068 against the US Dollar (USD) during the European trading session.
AI needs more than chips: Why Lumentum and the optics trade are lighting up
The AI infrastructure investment cycle remains powerful, but it is also broadening.
Euro: Soft US CPI could support gains against US Dollar – ING
Chris Turner at ING notes EUR/USD remains lacklustre despite better Eurozone data and upside surprises, as high European natural gas prices and Gulf tensions weigh on the Euro.