British Pound (GBP/USD) Analysis and Charts Moody’s upgrade having little effect on Sterling. UK employment data and S&P PMIs are the next potential GBP drivers. Recommended by Nick Cawley Get Your Free GBP Forecast The British Pound is little changed as traders open their books for the week with little macro news around to start
© Reuters. FILE PHOTO: Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration/File Photo By Vidya Ranganathan SINGAPORE (Reuters) -Japan’s yen took the spotlight in Asia on Monday, weakening briefly to the 150-per-dollar level as investors betting on a further rise in dollar yields lost
Share: USD/MXN faced a challenge due to risk-off sentiment. Israel-Hamas war could weigh on the Mexican Peso. Mexico’s Retail Sales declined to 0.4% (MoM) in August, while the annual data grew at 3.2%. Greenback receives upward support on improved US Treasury yields. USD/MXN aims to recover recent losses, trading around 18.2500 during the Asian
German DAX futures +0.3% UK FTSE futures +0.2% This comes as US futures are also seen up 0.2% with a slight opening gap higher, as the events in the Middle East over the weekend were not as bad as feared. That being said, keep an eye out on the bond market as 10-year Treasury yields
© Reuters. Argentina’s presidential candidate Sergio Massa addresses supporters, as he reacts to the results of the presidential election, Argentina October 22, 2023. REUTERS/Mariana Nedelcu By Jorge Otaola and Walter Bianchi BUENOS AIRES (Reuters) – A surprise first place for Argentina’s ruling Peronists in a general election on Sunday could calm market fears about a
Share: Indian Rupee trades firmly, supported by the potential aggressive intervention by the Reserve Bank of India (RBI). A rise in US Treasury yields and higher crude oil prices might cap the upside of the Indian Rupee. Investors will focus on the RBI Forex swap maturity, US economic data. Indian Rupee (INR) posts
Japanese Yen, USD/JPY, US Dollar, BoJ, YCC, Federal Reserve, Crude Oil – Talking Points The Japanese Yen might need a change in Bank of Japan policy to support it Treasury yields remain robust after a small pullback as Fed policy moves into view If USD/JPY trades well above 150, volatility could accelerate Recommended by Daniel
China to hold its financial conference focused on economy, debt risks Goldman Sachs says FX outflows from China in September hit US$75 bln, biggest since 2016 Australian PM Albanese confirms he will meet with Communist Party Chair Xi in China in Nov Chinese police raided the Shanghai offices of a London-based firm, detained an executive
CRUDE OIL, WTI, NATURAL GAS, NG – Outlook The downward correction in crude oil could still be in play. Natural gas is approaching major support area. What is the outlook for crude oil and natural gas and what are the key levels to watch? If you’re puzzled by trading losses, why not take a step
Share: GBP/USD struggles to extend gains as US Dollar rebounds. UK Retail Sales dipped to 0.9% against the expected 0.1% decline. Upbeat US Treasury yields provide support to underpin the Greenback. GBP/USD struggles to continue the winning streak. trading around 1.2160 during the Asian session on Monday. However, the currency pair encountered a hurdle
