GBP/USD Price Analysis: Oscillates in a range below the 1.2500 mark, eyes on UK GDP, US CPI
GBP/USD oscillates in the 1.2480-1.2502 region in a trading band. The pair holds below the 50- and 100-hour EMAs on the one-hour chart; the RSI stands below 50. The critical…
EUR/JPY struggles to find a direction below the 157.60 mark, German ZEW survey eyed
EUR/JPY holds below the 157.60 area and lacks follow-through. Analysts expect the ECB to keep interest rates steady at its September policy meeting on Thursday. BoJ Governor said the central…
USD/INR experiences downward pressure, trades below 83.00
USD/INR extends its losses on the third day, driven by the anticipation of a dovish Fed policy in September. Upbeat Gift Nifty is underpinning the Indian Rupee (INR). Improved US…
USD/CAD retreats from multi-month top, eyes mid-1.3600s ahead of Canadian jobs data
USD/CAD drifts lower during the Asian session on Friday amid a modest USD weakness. A combination of factors warrants some caution before positioning for any meaningful slide. Traders now look…
Gold Price Forecast: XAU/USD snaps a losing streak, trades higher around $1,920
Gold price trades higher despite firmer US Dollar (USD). Upbeat US Treasury yields support the Greenback’s run-up. China-linked fear weighs on the price of bright metal. Gold price snaps five-day…
Asian Stock Market: Bears keep the reins as China property stocks fail to tame growth fears
Markets in Asia-Pacific zone edge lower amid China economic woes. Real-estate shares in China rebound on hopes of more stimulus for property sector in Beijing. US soft landing concerns, hawkish…
Gold Price Forecast: XAU/USD finds dual support at $1,930 and $1,915, US data eyed – Confluence Detector
Gold Price stays pressured for the fourth consecutive day despite lacking downside momentum. Upbeat headlines from China, Country Garden fails to impress XAU/USD buyers as US Dollar traces firmer yields.…
AUD/USD recovers from the recent losses, treads waters to remain above 0.6450
AUD/USD consolidates above 0.6450 after the US mixed employment data. Investors turn cautious on the expected 25 bps rate hike by the Fed, following the moderate employment figures. Aussie traders…
USD/JPY hangs near weekly low, just below mid-145.00s; focus remains on US NFP
USD/JPY refreshes weekly low on Friday, albeit lacks follow-through selling. The divergent Fed-BoJ policy stance continues to act as a tailwind for the pair. Traders now look to the US…
GBP/USD: Door open to a probable test of 1.2800 – UOB
Further upside could prompt GBP/USD to revisit the 1.2800 region in the next few weeks, suggest UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang. Key Quotes…
