FX Watch: Eyes on EUR/GBP Range Ahead of U.K. Jobs Data
I’m seeing a simple range setup on the hourly chart of EUR/GBP, as traders are likely holding out for top-tier U.K. data. Can...
USD/CAD consolidates in a range, just above multi-week low amid Middle East tensions
The USD/CAD pair extends its consolidative price move on the first day of a new week and is influenced by a combination of...
RBA’s Hauser: Assume inflation stickiness due to weaker supply, labor market tightness
On Monday, Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser spoke at the Economic Society of Australia Business Lunch in Brisbane.
RBA’s Hauser says there is a risk the unemployment rate could rise faster than assumed
Reserve Bank of Australia Deputy Governot Hauser, speaking at an Economic Society of Australia (QLD) event:Economic forecasts are subject to huge uncertainty.Assume inflation...
USD/INR flat lines ahead of Indian CPI inflation data
The Indian Rupee (INR) trades on a flat note on Monday amid the consolidation of the Greenback.
China’s struggling economy overly reliant on exports, 2nd trade war with Trump a nightmare
The Wall Street Journal (gated) says Trump's proposed 60% tariff on imports from China would cause much steeper economic damage to China because...
WTI trades around $76.00 with an upside potential amid rising Middle-East tensions
West Texas Intermediate (WTI) Oil price hovers around $76.00 per barrel during the Asian session on Monday.
United Arab Emirates Gold price today: Gold falls, according to FXStreet data
Gold prices fell in United Arab Emirates on Monday, according to data compiled by FXStreet.
China doubling down on its overcapacity strategy, digging the economy into a deeper hole
This article is concerning, titled:China’s Real Economic Crisis - Why Beijing Won’t Give Up on a Failing ModelHere is the link. It's a...
Reserve Bank of New Zealand interest rate decision a very close call – why they could cut
ING previewing the Reserve Bank of New Zealand meeting on Wednesday 14 August, this the bottom line:It is a very close call, and...