Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]
GBP/USD found the gas for a thin rally on Friday. Upbeat UK Retail Sales figures helped the Pound find its footing. A broad-market pivot out of the Greenback further aided Dollar pairs. GBP/USD extended a near-term recovery rally to wrap up the trading week, inching back in a familiar congestion zone and clawing back meager […]
The Pound Sterling outperforms its major peers as UK Retail Sales grew at a faster-than-expected pace in August Fears of UK inflation remaining persistent have deepened after an acceleration in price pressures coming from the services sector. The Fed is expected to continue an aggressive policy-easing cycle. The Pound Sterling (GBP) performs strongly against its major […]
China Retail Sales (YoY) below expectations (2.5%) in August: Actual (2.1%) Source link
GBP/USD recovers balance post-US Retail Sales GBP/USD recovered back into the high side on Thursday after a bullish tilt in UK data prints coupled with better-than-expected US Retail Sales figures helped to improve overall market sentiment and keep the Greenback pinned on the low side. Read More… Pound Sterling cools down on upbeat US Retail Sales and […]
A persistent selling bias kept the Greenback’s price action subdued for yet another session, a view that was bolstered by further confirmation of the downward path of US inflation, as per July’s CPI data. Here is what you need to know on Thursday, August 15: The USD Index (DXY) dropped to multi-day lows near 102.30 […]
Italy Retail Sales s.a. (MoM) below expectations (0.2%) in June: Actual (-0.2%) Source link
The Pound Sterling retreats against the US Dollar ahead of a US data-packed week. Growing speculation for Trump’s victory has improved the US Dollar’s appeal. A sharp decline in UK Retail Sales has boosted BoE rate-cut hopes. The Pound Sterling (GBP) fails to extend a slight recovery above the immediate resistance of 1.2930 against the […]
The Pound Sterling further corrects against the US Dollar after the release of weaker-than-expected UK Retail Sales data for June. Doubts over the BoE to begin reducing interest rates in August remain afloat. The uncertainty over the US Presidential elections improves the safe-haven appeal of the US Dollar. The Pound Sterling (GBP) extends its correction against […]
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]
EUR/USD clipped into 1.0840 after broad-market risk appetite rally after US NFP print. Sharp NFP revisions have reignited hopes for a September Fed rate cut. Coming up next week: Fed Chair Powell, US CPI print, German Retail Sales. EUR/USD whipsawed after a mixed US Nonfarm Payrolls (NFP) print on Friday before settling on the high […]
USD/CAD stays on the sidelines above 1.3700 amid uncertainty over the timeframe for Fed rate cuts. US customers cut heavily on discretionary spending, which indicates a decline in purchasing power. Canadian Retail Sales are expected to have returned in a positive trajectory. The USD/CAD pair trades in a tight range but comfortably holds the crucial […]
