In view of FX Strategists at Scotiabank, the pair stays neutral/bullish near term and could attempt a test of 1.20. Key Quotes “EURUSD is trading a little off the overnight high near 1.1820. European
The index failed around 93.70, returns to the 93.40 area. US 10-year yields remain consolidative around 2.97%. US CPI, Trump-Kim meeting next of relevance tomorrow. The US Dollar Index ( DXY ), which
DXY drops below mid-93 in the early NA session. Wall Street opens slightly higher. The XAU/USD pair remains in the 10-day old range. After easing to a daily low of $1294, the troy ounce of the preciou
Analysts at Nordea Markets suggest that Sterling effects are dragging the UK inflation lower month by month currently, but still Bank of England expects domestic cost pressures to counter the Sterling
Prices of the barrel of WTI bounce off session lows, back near $65.00. Rising US oil production, probable OPEC+ output increase weigh on oil. FOMC meeting, API, EIA reports next on tap. Prices of the
   •  Has been oscillating between two converging trend-lines over the past three-weeks, forming a symmetrical triangle on 4-hourly chart and points to a consolidation phase before the next leg of a d
Krishen Rangasamy, Research Analyst at NAB, explains that it’s been a rough year so far for currencies of emerging economies and two of the worst performers, the Turkish Lira and the Argentine peso ha
 
     
 
     
 

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