Metals

Steel Prices Weaken on Prospect of EU Tariffs

Steel rebar futures fell to around CNY 3,060 per ton on Friday, a two-week low, after reports that the European…

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Forex

GBP/USD stays near 1.3350 as traders adopt caution due to UK inflation risks

GBP/USD holds ground as the Pound Sterling steadies on the uncertain BoE policy stance. BoE’s Megan Greene signals caution on…

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Forex

EUR/GBP drifts higher to near 0.8750 on UK fiscal concerns  

EUR/GBP gathers strength to around 0.8745 in Friday’s early European session.  Markets priced in ECB to hold interest rates steady…

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Forex

EUR/USD strengthens above 1.1650 ahead of US PCE inflation data

EUR/USD gains traction near 1.1680 in Friday’s Asian session. Traders will take more cues from the key US PCE inflation…

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Forex

USD/CHF trades firmly near 0.8000 ahead of US PCE inflation data

USD/CHF exhibits strength ahead of the US PCE inflation data for August. Upbeat US Q2 GDP and a decline in…

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Forex

AUD receives support from RBA caution, US PCE inflation data awaited

Australian Dollar weakened as the US Dollar gained support from stronger-than-expected US economic data. The AUD struggles amid risk aversion…

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Forex

JPY strengthens amid softer risk tone, modest USD downtick ahead of US PCE data

The Japanese Yen attracts some safe-haven flows amid a slight deterioration in the risk sentiment. The USD pauses for a…

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Forex

GBP/JPY consolidates below 200.00; JPY strength and UK fiscal concerns cap the upside

GBP/JPY struggles to gain any meaningful traction as modest JPY strength offsets GBP rebound. The initial reaction to a weaker…

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Markets

US Dollar Index Could target ascending channel’s upper boundary near 99.00

US Dollar Index may target the initial barrier at the ascending channel’s upper boundary around 98.80. The 14-day Relative Strength…

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Forex

USD/INR trades flat despite Trump imposing 100% tariffs on pharmaceutical imports

The Indian Rupee trades calmly around 88.90 against the US Dollar on Friday. Trump’s announcement of 100% tariffs on pharmaceutical…

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