News

AUD/USD: Likely to trade in a sideways range of 0.6430/0.6495 – UOB Group
Australian Dollar (AUD) is likely to trade in a sideways range of 0.6430/0.6495. In the longer run, downward momentum is slowing; a breach of 0.6520 would indicate that AUD is not breaking below ...
USD recovery remains fragile as tariffs and economic risks mount – BBH
Any USD recovery looks fragile in our view, and the broader downtrend should reassert itself, BBH FX analysts report. "First, US policymaking credibility is increasingly under threat. Fed Governor ...
USD: Fed back in focus this week – ING
Friday's soft jobs report knocked the stuffing out of the dollar's rally. Investors now attach an 80% probability to a 25bp rate cut from the Federal Reserve in September, ING's FX analyst Chris ...
GBP/USD: Expected to trade in a range between 1.3220 and 1.3320 – UOB Group
Pound Sterling (GBP) is expected to trade in a range between 1.3220 and 1.3320. In the longer run, the likelihood of GBP ...
USD/JPY – Waiting on the 146 trigger
USD/JPY is sitting on a technical and macro knife edge. The price action is orderly, but the pressure is building. If 146.000 ...
GBP: More consolidation likely – ING
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any ...
Silver Price Forecast: XAG/USD returns above $37.00 with the bearish trend intact
Silver (XAG/USD) is drawing support from a depressed US Dollar and the recent decline in US Treasury yields to regain the $37.00 level, but the immediate trend remains bearish with the recent trend of ...
BoE 'in a quandary' over rate cuts amid inflation and job market challenges
Sterling instead largely traded at the mercy of broader dollar trends, which triggered a move in GBP/USD to its lowest level since mid-May, before the pair rebounded back towards the 1.33 handle ...
USD/JPY recovery remains limited below 148.00 with hopes of Fed cuts weighing
The US Dollar is posting moderate gains against the Japanese Yen on Monday, but remains limited below the 148.00 levels, and far below Friday’s highs near 151.00. Higher bets that the Fed will cut ...
AUD/USD rises to near 0.6480 as accelerating Fed dovish bets weigh on US Dollar
AUD/USD gains to near 0.6480 as rising Fed dovish bets have pushed the US Dollar on the back foot. The US NFP report for July has shown signs of weak labor demand. Investors await the US Services PMI ...
Algorand Price Forecast: ALGO eyes over 10% increase as it nears breakout from wedge pattern
Algorand (ALGO) edges higher by 1% at press time on Monday, extending the 7% jump from Sunday, as both technical and ...
Copper drops after Trump’s tariff surprise – ING
LME Copper was down 1.4%, while prices on the Comex exchange plunged more than 20% last week after President Trump’s decision to exempt refined forms of the metal from fresh US import tariffs, ING's ...