News
Important Only
USD/JPY plunged to 150.00 after surprise rate hike from BoJ
Mexican Peso rallies as US jobs data fuels Fed rate cut expectations
Canadian Dollar finds gains on GDP forecast beat
FxstreetJul 31, 2024
Russia Unemployment Rate came in at 2.4%, below expectations (2.6%) in June
Silver is playing catch-up – TDS
Gold: Markets hold a ‘max long’ position size – TDS
Forex
Canadian Dollar finds gains on GDP forecast beat
The Canadian Dollar (CAD) found a brief reprieve on Wednesday from steady selling pressure against the Greenback after Canadian Gross Domestic Product (GDP) beat forecasts, but gains remain limited as the figure still eased from the previous print.Fxstreet
Jul 31, 2024
Forex
GBP/USD Price Analysis: Holds firm around 1.2840 ahead of Fed’s decision
The Pound Sterling registers minuscule gains during the North American session as traders brace for the US Federal Reserve’s decision, which is expected to hold rates unchanged but to prepare the ground to ease policy.
Fxstreet
Jul 31, 2024
Forex
AUD: Under pressure – Commerzbank
A word on the Australian dollar (AUD), which came under significant pressure this morning, losing about 0.7% against the US Dollar (USD), Commerzbank’s FX analyst Volkmar Baur notes AUD might be effected by China “This was probably due to the fact that inflation was slightly lower than expected.
Fxstreet
Jul 31, 2024
Stocks
Prada: Jefferies raises target price after Miu Miu's extraordinary performance
Investing.com – Despite a challenging environment for the luxury market, Prada SpA (HK:1913) (OTC:PRDSY) posted better-than-expected growth in the second quarter, standing out from its competitoInvesting.com
Jul 31, 2024
