Forex

GBP/JPY extends losses below 195.00 following soft UK GDP data

The Pound Sterling drops across the board as UK GDP and Industrial Production figures disappoint. UK exports to the US…

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Economics

Economic Calendar – Markets Focus on U.S. China Talks

No macroeconomic releases are scheduled today that could significantly impact global financial markets. However, that doesn’t mean we should expect…

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Metals

Gold price drops to $3,300 neighborhood amid modest USD strength

Gold price struggles to capitalize on the previous day’s bounce from a one-week trough. The emergence of some USD buying…

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Forex

USD/INR falls for fourth straight day amid US-China trade talks

The Indian Rupee outperforms the US Dollar, while investors await the outcome of US-China trade talks. This week, investors will…

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Forex

AUD/USD rises despite improved US Dollar ahead of US-China second meeting

The Australian Dollar holds ground ahead of the second meeting between US-China advisors on Tuesday. Australia’s Westpac Consumer Confidence increased…

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Forex

USD/CHF holds positive ground above 0.8200, eyes on US-China trade talks

USD/CHF gains ground to near 0.8225 in Tuesday’s Asian session. US and China set to continue trade talks, easing fear…

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Forex

EUR/GBP consolidates above 0.8400 mark, looks to UK jobs data for fresh impetus

EUR/GBP extends its sideways consolidative price move in a one-week-old range. The divergent BoE-ECB expectations support prospects for some meaningful…

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Forex

AUD/JPY jumps to near 94.50 as investors lack clarity on BoJ’s monetary policy outlook

AUD/JPY advances for the fourth trading day in a row, while the Japanese Yen underperforms its peers on Tuesday. BoJ…

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Forex

USD/JPY remains on the back foot; bears seem reluctant amid hawkish BoJ expectations

The Japanese Yen resumes its short-term downtrend amid receding safe-haven demand. The emergence of some USD buying provides an additional…

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Energies

Crude Prices Climb on Hopes of Easing of US-China Trade Tensions

July WTI crude oil (CLN25) Monday closed up +0.71 (+1.10%), and July RBOB gasoline (RBN25) closed up +0.0184 (+0.89%). Crude…

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