News
Important Only
AUD/USD: To breach below 0.6660 – UOB Group
USD/CHF falls toward 0.8850 as traders expect a Fed rate cut in September
GBP/USD: Scope for a rebound towards 1.2980 – UOB Group
EUR/USD: To trade in a range between 1.0845 and 1.0945 – UOB Group
Investing.comJul 22, 2024
Biden/Harris, Nvidia's chips, Chinese rate cut - what's moving markets
USD/MXN edges lower to near 18.00 due to risk-on sentiment
Forex
GBP/USD: Scope for a rebound towards 1.2980 – UOB Group
Scope for the Pound Sterling (GBP) to rebound, but any advance is unlikely to reach 1.2980, otherwise it is likely to consolidate between 1.2850 and 1.3020 for the time being, UOB Group FX strategists Quek Ser Leang and Peter Chia note.Fxstreet
Jul 22, 2024
Other
Biden/Harris, Nvidia's chips, Chinese rate cut - what's moving markets
Investing.com -- The volatile U.S. political situation took another turn, with President Joe Biden dropping out of race for re-election. China has attempted to boost its struggling economy but cuttingInvesting.com
Jul 22, 2024
Indices
US Dollar Index declines to near 104.00 due to heightened expectations of Fed rate cuts
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six other major currencies, edges lower after two days of gains, trading around 104.20 during the early European hours on Monday.Fxstreet
Jul 22, 2024
