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Gold pulls back from daily highs at $3,385 as Fed Governor Lisa Cook refuses to resign. The Precious metal hit fresh two-week highs earlier in the day after Trump's order to fire her. The US Dollar ...
"All said, one thing has not changed our negative view on the USD. The DXY fell 0.2% this morning on US President Donald ...
Alchemy Markets, a regulated multi-asset brokerage, announces the launch of its new Copy Trading mobile application, designed ...
Pound Sterling (GBP) is likely to trade in a range between 1.3440 and 1.3520. In the longer run, further GBP strength is not ruled out, but it is unclear if there is enough momentum for it to reach ...
Over the past 12 months, wages rose by around 3% year-on-year, significantly faster than in the four years before the pandemic, when the average rate of increase was only 0.7%. However, inflation has ...
The 14-day Relative Strength Index (RSI) is positioned slightly below the 50 mark, confirming the bearish bias is active.
Markets remain firmly convinced that the Federal Reserve will deliver a 25bps rate cut on September 17. According to CME FedWatch, there is an 83.3% probability of easing, compared to just 16.7% odds ...
China’s y/y export growth accelerated during H1 despite a sharp decline in exports to US. Phones and laptops comprised an outsized share of China’s declining exports to the US. China appears to be ...
The coming weeks, and probably even months, are likely to be a tightrope walk for the dollar against the backdrop of the Fed's adjusted stance. Our economists had been expecting interest rate cuts in ...
GBP/JPY is forming a triangle pattern. The British Pound is showing signs of topping after having reached one-year highs, ...
The US Dollar (USD) briefly sold off 0.6% in Asia after news broke that US President Donald Trump was dismissing Lisa Cook, a member of the Federal Reserve's governing board. This follows allegations ...
US Dollar (USD) fell this morning, in knee-jerk reaction to headline that Trump removed Fed Governor Lisa Cook from her position. DXY last at 98.43 levels, OCBC's FX analysts Frances Cheung and ...
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