“There will be consequences for having accommodative monetary policy for a long time,” said Goldman Sachs (GS) Chief Executive David Solomon at the Future Investment…
View More Goldman Sachs CEO: There is a risk of higher inflation and slower growth globally
The US dollar’s recovery from 0.9150 meets resistance at 0.9225. The dollar, looking for direction ahead of central banks’ meetings. USD/CHF biased lower, aiming to…
View More USD/CHF hesitates around 0.9200 after failure at 0.9225
EUR/USD is steady to marginally higher with the 1.16 zone acting as an anchor against broad losses in the dollar today. According to economists at…
View More EUR/USD: Dovish ECB meeting to drag the pair below the 1.16 level – ScotiabankGBP/USD gained traction for the second consecutive session on Tuesday. A modest USD strength seemed to cap the upside amid fresh Brexit jitters. Bears need…
View More GBP/USD Price Analysis: Clings to gains below 1.3800, lacks follow-through
Update: Gold prices surrender the previous session’s gains and struggle to defend the $1,800 mark. The US 10-year Treasury yields remain elevated near 1.63% ahead of…
View More Gold Price Forecast: XAU/USD defends $1,800 amid higher US Treasury yieldsInformation 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…
View More Japan Corporate Service Price Index (YoY) below forecasts (1%) in September: Actual (0.9%)
The pound ticks up on Monday and returns to 156.50 area. The yen loses ground amid a moderate risk appetite. GBP/JPY remains positive, aiming to…
View More GBP/JPY edges up from 155.90 lows and consolidates near 156.50
David Frost, the British minister responsible for implementing the Brexit deal, said on Monday that the European Union’s proposals wouldn’t deliver the “freeing up of trade”…
View More Brexit: UK’s Frost says EU proposals on N. Ireland don’t go far enough
USD/CAD was seen oscillating in a range through the first half of the trading action on Monday. Bullish crude oil prices underpinned the loonie and…
View More USD/CAD consolidates in a range, holds comfortably above mid-1.2300s
US Dollar Index extends Friday’s losses to refresh multi-day bottom. US stimulus hopes, China headlines weigh on US dollar’s safe-haven demand. Fed’s Powell favored tapering…
View More US Dollar Index renews three-week low on sluggish Treasury yields