GBP/USD weakens to mid-1.2700s as USD attracts haven flows amid Middle East tensions
The GBP/USD pair kicks off the new week on a weaker note and for now, seems to have stalled a two-day-old recovery from the 1.2665 area, or the lowest level…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.1690 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »EUR/USD strengthens above 1.0900 on softer US Dollar, eyes on geopolitical risks
The EUR/USD pair rebounds to near 1.0935, snapping the two-day losing streak during the Asian trading hours on Thursday.
Read More »PBOC is expected to set the USD/CNY reference rate at 7.1821 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »Gold price jumps above $2,470 as US yileds plunge after weak US NFP
Gold price (XAU/USD) rises further above $2,470 in Friday’s American session.
Read More »Gold rises amid soft US Dollar as traders eye next week Fed meeting
Gold price makes a U-turn after diving to two-week lows of $2,353 edges higher some 0.80% as market participants seem secure the Federal Reserve will lower interest rates at the…
Read More »The US Economy Grew by 2.8% in Q2 Compared to 1.4% in Q1, US Dollar Little Changed
US real gross domestic product (GDP) increased at a rate of 2.8% in the second quarter of 2024, beating market forecasts, according to the advance estimate.
Read More »PBOC is expected to set the USD/CNY reference rate at 7. 2229 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
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