UOB Group: GBP/USD Lacks Momentum to Clear 1.3570 Barrier
According to UOB Group FX analysts Quek Ser Leang and Peter Chia, the balance of risk for Pound Sterling (GBP)…
Category: Financial News
EUR/JPY edges higher as Eurozone inflation cools and Japan faces political instability
EUR/JPY is trading around the 183.50 level on Monday, registering a 0.10% gain for the day against a background of…
MUFG: Global markets slide on Trump’s Greenland tariff threat
European Stoxx futures are down 1.3% and S&P 500 futures have fallen 0.9% as market participants react to President Trump’s…
Gold hits record high as Trump’s Greenland tariff threat sparks safe-haven buying
Gold (XAU/USD) opened the week with a significant bullish gap, propelling prices deeper into uncharted territory as safe-haven demand intensified.…
Commerzbank expects US crude output to drop as prices stay weak
Commerzbank commodity analyst Carsten Fritsch notes that while the oil market currently faces a significant surplus of roughly 2.8 million…
Political Risks Unnerve Fed, Triggering Slump in USD and Treasuries
Financial markets have been roiled by escalating political threats aimed at the Federal Reserve’s independence. According to BBH FX analysts,…
US Dollar Index (DXY) Climbs Towards 99.50 as Fed Rate Cut Expectations Wane
The US Dollar Index (DXY), which tracks the US Dollar’s (USD) performance against a basket of six major currencies, is…
Silver (XAG/USD) Surges Towards $51.00 Amid Post-Shutdown Uncertainty
Silver prices (XAG/USD) are trading in positive territory, nearing $51.00 during Monday’s Asian trading hours. The white metal is gaining…
Gold (XAU/USD) Rebounds Above $4,100, But Hawkish Fed Stance Could Limit Upside
Gold prices (XAU/USD) are seeing a recovery, trading near $4,105 and breaking a two-day losing streak during Friday’s early European…
USD’s Safe-Haven Appeal Limits NZD/USD Recovery, Keeping It Below Recent Peak at 0.5670
The NZD/USD pair has started the new week quietly, trading within a narrow range of 0.5670-0.5675 during the Asian session.…