The Pound Sterling (GBP) extended its gains against the US Dollar (USD) during Wednesday’s European session, climbing toward 1.3370. The GBP/USD pair strengthened as the US Dollar weakened further, weighed down by…
Gold extends record rally as US-China trade tensions rattle markets
Gold (XAU/USD) continues its record-breaking rally on Monday, setting fresh all-time highs around $4,085 as fears of a revived US-China trade war boosts safe-haven demand. At the time of writing, XAU/USD is…
GBP/USD falls as Trump tariff threats, UK fiscal concerns weigh
GBP/USD falls around 1.3330 on Monday, losing 0.25% for the day at the time of writing. The US Dollar (USD) strength limits any rebound in the pair, despite a generally risk-off market…
GBP/JPY steadies as Japan’s political uncertainty and UK fiscal risks weigh on markets
The British Pound (GBP) is treading water against the Japanese Yen (JPY) on Monday, as investors weigh renewed political uncertainty in Japan against lingering fiscal and monetary headwinds in the United Kingdom…
US Treasury’s Bessent: 100% Tariffs on China “Don’t Have to Happen”
Speaking in an interview with Fox Business on Monday, US Treasury Secretary Scott Bessent emphasized that while the US is prepared to respond forcefully to China’s export restrictions, the imposition of 100%…
USD/CNH Outlook: Expected to Trade Sideways Within 7.1280–7.1500 Range – UOB
Analysts at UOB Group, Quek Ser Leang and Peter Chia, expect the US Dollar (USD) to remain range-bound against the Chinese Yuan (CNH) in the near term, following recent volatile price action….
EUR/USD Slips Below 1.1600 as Risk Aversion and French Political Uncertainty Weigh on Euro
The Euro (EUR) is under pressure at the start of the week, retreating below the 1.1600 mark against the US Dollar (USD) as investor sentiment turns cautious. At the time of writing,…
Canada Jobs Report Preview: Unemployment Rate Expected to Rise in September
The Canadian Dollar remains under pressure just below the 1.4000 mark as investors await the release of Canada’s September Labour Force Survey, due Friday at 12:30 GMT. Market consensus anticipates a modest…
USD/CNH Expected to Trade Sideways Between 7.1200 and 7.1550 – UOB
USD/CNH is likely to remain range-bound in the near term, with expected movement between 7.1200 and 7.1550, according to UOB Group FX strategists Quek Ser Leang and Peter Chia. Short-Term Outlook (24-Hour…
Pound Sterling Weakens Amid Tax Hike Fears and Economic Uncertainty
The British Pound (GBP) continues to underperform against major currencies, hitting a fresh two-month low near 1.3280 against the US Dollar (USD) during Friday’s European session. The decline is driven by growing…