Euro (EUR) was a touch firmer this morning amid mild USD softness and likely in response to US-Russia meeting this Friday in Alaska. Euro (EUR) was last at 1.1644 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.Slight risk to the … [Continue reading]
NZD/USD trades with negative bias around mid-0.5900s ahead of US-China tariff truce deadline
NZD/USD kicks off the new week on a softer note amid the US-China trade uncertainty. Rising Fed rate cut bets prompt fresh USD selling and lend support to the currency pair.A positive risk tone further benefits the Kiwi and helps limit the downside … [Continue reading]
Gold Price Forecast: XAU/USD remains capped under $3,400 ahead of US inflation data
Gold price edges lower to around $3,390 in Monday's early Asian session. Rising Fed rate cut expectations might create a tailwind for Gold. China's central bank extended gold purchases to its ninth straight month in July. The Gold … [Continue reading]
China Producer Price Index (YoY) below forecasts (-3.3%) in July: Actual (-3.6%)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
China Consumer Price Index (YoY) above forecasts (-0.1%) in July: Actual (0%)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
China Consumer Price Index (MoM) above expectations (0.3%) in July: Actual (0.4%)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Crypto community rallies behind Roman Storm as court trial extends
Crypto industry leaders have expressed their displeasure with the recent court decision in Roman Storm's case.Top crypto firms, including the Ethereum Foundation, are donating to offer Storm legal aid as his trial continues.A Manhattan jury on … [Continue reading]
Colombia Consumer Price Index (MoM) rose from previous 0.1% to 0.28% in July
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Colombia Consumer Price Index (YoY) increased to 4.9% in July from previous 4.82%
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Silver Price Forecast: XAG/USD rallies sharply, posts weekly gains of 3.5%
XAG/USD up 0.24% on Friday, on track to end week over 3.5% higher.Price surged more than 6% since July 31 low at 50-day SMA of $36.20.Bullish harami pattern confirmed after breaching July 31 high of $37.26.Silver Price advances for the fourth time in … [Continue reading]