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Forex Today: US second-quarter GDP report set to ramp up market volatility
The Forex Market· 3 days agoHere is what you need to know on Thursday, July 25: Market participants gear up for a volatile American session that will feature the United States' first estimate of the second-quarter Gross Domestic Product (GDP) growth.
Pound Sterling remains on back foot as weak UK Retail Sales prompt BoE rate cuts
The Forex Market· 6 days agoThe Pound Sterling (GBP) fails to extend a slight recovery above the immediate resistance of 1.2930...
Silver Price Forecast: XAG/USD retreats from $28 amid uncertainty ahead of US core PCE Inflation
The Forex Market· 2 days agoThe Fed is expected to start reducing interest rates from the September meeting. China’s dismal...
USD/CHF trades with mild losses near 0.8900, eyes on US PMI data
The Forex Market· 4 days agoUSD/CHF edges lower to 0.8905 in Wednesday’s early European session. Financial markets expect two or...
Mexican Peso recovers as carry-trade unwind fades
The Forex Market· 2 days agoThe Mexican Peso is strengthening as the effects of the unwinding carry trade diminish. Gains may be capped by continued bets that Banxico will cut...
WTI trades with modest gains below $79.00 mark, close to over one-month low set on Friday
The Forex Market· 6 days agoThis comes on top of growing acceptance that the Federal Reserve (Fed) will begin its rate-cutting...
Japanese Yen moves sideways after the release of inflation data
The Forex Market· 2 days agoThe Japanese Yen (JPY) consolidates after the Statistics Bureau of Japan released the Tokyo Consumer...
Silver Price Forecast: XAG/USD holds position above $29.00 ahead of US PMI data
The Forex Market· 4 days agoSilver price remains steady ahead of US PMI data due on Wednesday. The slowdown in the Chinese...
Indian Rupee weakens after FM Sitharaman hikes Capital Gains tax
The Forex Market· 5 days agoThis week, the US Dollar will be influenced by a slew of US economic data. The Indian Rupee weakens...
Gold Price Forecast: XAU/USD retains modest gains ahead of key US headlines
The Forex Market· 4 days agoXAU/USD trades in the $2,420 region, extending its recent recovery to $2,431.87 early in the...