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GBP/USD: Likely to trade in a range between 1.3440 and 1.3520 – UOB Group
Pound Sterling (GBP) is likely to trade in a range between 1.3440 and 1.3520. In the longer run, further GBP strength is not ruled out, but it is unclear if there is enough momentum for it to reach 1.3595, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
9 minutes ago
JPY: Still hoping for wages – Commerzbank
The Bank of Japan remains convinced that rising wage growth will lead to sustainably higher inflation. Meanwhile, lower inflation regarding food prices is pushing down the overall rate. Excluding energy and food, inflation has been below 2% for some time now.
Fxstreet
19 minutes ago
EUR/JPY price forecast: Falls to near 171.50 as bearish bias emerges
EUR/JPY extends its losses for the second successive session, trading around 171.50 during the European hours on Tuesday. The technical analysis of the daily chart suggests the emergence of a bearish market bias as the currency cross is remaining slightly below the ascending channel pattern.
Fxstreet
20 minutes ago
FOREX-Dollar steadies after jolt from Trump's ouster of Fed governor
Trump fires Governor Cook amid push for more influence at FedDollar steady after stumbling on Trump's announcementCook's removal highlights worries over Fed independenceFrench bonds tumble as government faces collapseBy Jaspreet Kalra and Gregor Stuart Hunter SINGAPORE/MUMBAI, Aug 26 (Reu...Reuters
23 minutes ago
EMERGING MARKETS-EM assets trip on Fed independence fears; Hungary, Poland rate decisions due
EM stocks down 0.8%; stocks down 0.3%Dollar slides as Trump escalates attack on FedIndia stocks fall on US tariff worriesBy Pranav Kashyap Aug 26 (Reuters) - Most emerging market assets retreated on Tuesday as President Donald Trump took fresh aim at the Federal Reserve, rattling sentiment ahead ...Reuters
25 minutes ago
EUR/USD: French political risk weighs – OCBC
Euro (EUR) fell overnight. French PM Bayrou said he would call for a confidence vote on budget on 8 September in an effort to force political parties to take a position on the government’s budget proposals in parliament rather than through street protests planned for later that week.
Fxstreet
58 minutes ago
Light hedging leaves Indian importers vulnerable to U.S. tariffs fallout
MUMBAI, Aug 26 (Reuters) - With punitive U.S. tariffs about to take effect on Wednesday, most Indian companies remain light on hedges, data from a clearing house shows, increasing their exposure to rupee fluctuations.Reuters
2 hours ago
Iron ore subdued as Trump's tariff threats fuel demand concerns
By Amy Lv and Lewis Jackson BEIJING, Aug 26 (Reuters) - Iron ore futures prices were subdued on Tuesday, as fresh tariff threats from U.S. President Donald Trump fuelled concerns about demand prospects.The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv...Reuters
2 hours ago
FOREX-Dollar jolted lower after Trump fires Fed's Cook
SINGAPORE, Aug 26 (Reuters) - The dollar skidded in a volatile session on Tuesday after U.S. President Donald Trump said he was removing Federal Reserve Governor Lisa Cook from her position, seen by markets as a fresh jab at the central bank's independence.Reuters
3 hours ago
COLUMN-Dollar turn emboldens dogged wariness of Wall Street: Mike Dolan
By Mike DolanLONDON, Aug 26 (Reuters) - So-called value investors have had a brutal decade avoiding what they see as overvalued but outperforming U.S. stocks - and missing the boat. But aside from the handful of high-flying Wall Street megacaps, some insist dollar strength did much of the heavy lift...Reuters
3 hours ago
EUR/GBP gains ground to near 0.8650 ahead of BoE's Mann speech
The EUR/GBP cross gains momentum to near 0.8645 during the early European session on Tuesday. The Euro (EUR) strengthens against the Pound Sterling (GBP) as the European Central Bank (ECB) signals a pause in monetary easing. The Bank of England (BoE) Catherine Mann is set to speak later on Tuesday.
Fxstreet
3 hours ago
USD/CAD trades cautiously around 1.3850 as Trump fires Fed’s Cook
The USD/CAD pair trades with caution around 1.3850 against the US Dollar (USD) on Tuesday. The Loonie pair faces slight selling pressure as United States (US) President Donald Trump has fired Federal Reserve (Fed) Governor Lisa Cook over mortgage allegations.
Fxstreet
4 hours ago
