News
Important Only
Mexican Peso tumbles as US Dollar appreciates on Trump’s attack
FxstreetJul 15, 2024
Fed's Powell: Decisions to be made on a meeting-by-meeting basis
Canadian Dollar flounders on Monday, BoC notes continued pessimistic outlook
FxstreetJul 15, 2024
US Dollar sustains losses as disinflation fears mount
USD/CNY: To raise to 7.21 in the end of the year – DBS
FxstreetJul 15, 2024
DXY: Under pressure from the futures market – DBS
Forex
Mexican Peso tumbles as US Dollar appreciates on Trump’s attack
The Mexican Peso begins the week on the back foot, losing more than 1% in early trading on Monday amid risk aversion following an assassination attempt on former US President Donald Trump during a rally in Pennsylvania.Fxstreet
Jul 15, 2024
Stocks
Stifel downgrades Lufthansa shares to 'Sell' – Price target drastically lowered
Investing.com - Stifel has downgraded the stock of Deutsche Lufthansa AG (ETR:LHAG) from "Hold" to "Sell" and lowered the target price from €7.00 to €4.50. This move follows a significant doInvesting.com
Jul 15, 2024
Commodities
The Third Plenum is set to give a boost to base metals – TDS
The gathering of top Chinese party officials amid the Third Plenum has kept base metals from weakening further, as traders await for signs of additional stimulus to turn the tide, TD Securities senior commodity strategist Daniel Ghali notes.Fxstreet
Jul 15, 2024
Forex
EUR/USD: Additional strength towards 1.0950/80 possible – Scotiabank
The Euro (EUR) retains a firm undertone. Minor dips to the upper 1.08s were well-supported in overnight trade and spot has regained the low 1.09 area fairly easily through European trade to trade to a marginal new, short-term high (highest since March), Scotiabank’s chief FX strategist Shaun Osborne notes.
Fxstreet
Jul 15, 2024
Commodities
Gold prices could surge to $3,000 as flows 'have plenty of scope to expand': Citi
Gold prices might surge to $3,000 per ounce as financial flows show potential for significant expansion, according to a recent report from Citi analysts.The bank says that the weakening US labor markeInvesting.com
Jul 15, 2024
