EUR/GBP stable following strong Eurozone PMI, UK Retail Sales
The Euro holds firm after Eurozone PMI data exceeded expectations, showing the strongest services growth in a year.…
Read MoreGold on the back foot as markets eye US inflation data
Gold extends losses on Friday as a stronger US Dollar and steady Treasury yields weigh on sentiment. Despite…
Read MoreUSD/JPY must close above 153.00 to continue rising – UOB Group
Upward momentum is starting to build, but for a continued advance, US Dollar (USD) must first close above…
Read MoreUSD/JPY: Japan mulls more bond issuance to fund extra budget – BBH
Long-term JGB yields remain steady near recent lows. Japan's Finance Minister Katayama signaled the government may have to…
Read MoreUSD/CNH: Likely to trade between 7.1220 and 7.1320 – UOB Group
US Dollar (USD) is likely to trade between 7.1220 and 7.1320. In the longer run, USD could drop…
Read MoreGBP struggles despite upbeat UK retail and PMI data – BBH
GBP/USD is struggling to recover despite encouraging UK economic data. UK retail sales growth unexpectedly rose in September, underpinned…
Read MoreCopper: Is it the beginning of Copper’s bull run? – ING
The mood on metals has been positive in recent weeks, with Copper trading near all-time highs and other…
Read MoreEUR/USD firms as Eurozone PMI surprises higher – BBH
EUR/USD had a kneejerk upswing to near 1.1630 before stabilizing lower around 1.1610. Eurozone economic activity unexpectedly gains traction…
Read MoreUS Dollar Index (DXY) consolidates around 99.00 with all eyes on the US CPI
The US Dollar consolidates gains within a narrow range around 99.00. Investors await the release of the US…
Read MoreTRY: Rate cut amid rising inflation risks – Commerzbank
The Turkish central bank (CBT) cut the rate corridor by 100bps yesterday, in line with expectations. However, as…
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