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UK yields fall amid economic uncertainty BoE expected to raise rates twice more this year to 5.75% Cable testing key support for a second day The pound is on the decline again, having fallen over the...
Atlanta Fed’s GDP estimate sees real Q3 GDP growth of 5.9%, up from last week’s 5.8% Fed Chair Powell’s Jackson Hole Speech is scheduled for tomorrow at 10:05 a.m. EST Fed’s...
Tokyo Core CPI expected to tick lower to 2.9% US to release jobless claims and durable goods orders later on Thursday USD/JPY put together a mid-week rally with gains of 1% but is considerably lower...
Euro yawns after weak German and eurozone PMIs US to release unemployment claims and durable goods orders on Thursday The euro has edged lower on Thursday. In the European session, EUR/USD is trading...
UK manufacturing and services PMIs decelerate The British pound has edged lower. In the North American session, GBP/USD is trading at 1.2720, down 0.09%.UK PMIs head lowerThe UK economy continues to...
Eurozone Services PMI falls to 48.3 in August (50.5 expected, 50.9 in July) Eurozone Manufacturing PMI rises to 43.7 in August (42.6 expected, 42.7 in July) Euro testing key support against the US...
Australia’s manufacturing and services PMIs ease in August The Australian dollar is slightly lower on Wednesday. In the European session, AUD/USD is trading at 0.6416, down 0.07%. For a second...
UK order expectations decline Manufacturing and services PMIs are expected to tick lower on Wednesday The British pound started the Tuesday session in positive territory but has given up these gains....
NZD/USD posts strong gains on Tuesday New Zealand retail sales are expected to decline by 2.6% The New Zealand dollar has posted strong gains on Tuesday. In the European session, NZD/USD is trading at...
Xi meets Ramaphosa and discusses how to bolster trade in their own currencies Yuan still weakens despite PBOC’s most forceful fixing on record BRICS might lead to more investment in Africa,...
The Japanese yen has bounced back on Tuesday after starting the week with losses. In the European session, USD/JPY is trading at 145.67, down 0.37%.BoJ core inflation rises to 3.3% Earlier today,...
New inflation methodology offers hope for BoE 1.28 could be major resistance point for GBPUSD A break of 1.26 could be bearish signal Recent UK economic data has been a mixed bag, with wages rising at...
2-year Treasury yield rises 3.7bps to 4.979% (supports Fed’s higher for longer push) Dollar softens as risk appetite tentatively returns following last week’s stock market rout Fed Chair...
AUD/USD close to 9-month lows China fails to cut 5-year LPR The Australian dollar is steady at the start of the new trading week. In the European session, AUD/USD is unchanged at 0.6404. It’s a...
USThe main event for next week will be the Kansas City Fed’s Jackson Hole Symposium. Fed Chair Powell’s speech will reiterate that more rate hikes might be needed and that rates should...
The Australian dollar’s slide continues Evergrande bankruptcy raises contagion fears It has been all red for the Australian dollar, as AUD/USD has closed lower for eight straight days and...
UK retail sales post a sharp decline Rainy weather and high prices weighed on consumer spending The British pound has given up ground on Friday after several days of modest gains. In the European...