According to SocGen, there is scope for GBP/USD to correct further in the short term given that recent losses still appear over-stretched. Nevertheless, it considers that gains above 1.3530/75 are ...
Berenberg says the dollar is benefiting from the rebound in energy prices after attacks on several ships in the Gulf heightened fears of supply disruption. "The US dollar is recei ...
Crude briefly traded up to $94.32, having opened the session at $92.05 and touching an intraday low of $89.04. The price of oil in US Dollars is currently trading around $91.35, retreating from the ...
Rabobank continues to expect EUR/USD to trade in volatile ranges this year but warns downside risks are rising. The bank still holds a 1–3 month forecast near 1.16 but says this outlook could come ...
The Pound to Turkish Lira (GBP/TRY) exchange rate edged higher on Wednesday, testing highs of 59.2564, extending a steady grind that has kept the cross near the upper end of its recent range.
Pound Sterling is trading slightly firmer against the euro and US dollar ahead of the upcoming UK inflation release, with investors assessing whether price pressures are easing quickly enough to allow ...
The Pound to Canadian Dollar exchange rate traded sideways midweek as rising oil prices supported the commodity-linked ‘Loonie’ while a lack of UK data kept Sterling directionless. The Canadian Dollar ...
At the same time, reports emerged that two ships in the Strait of Hormuz had been struck by unidentified projectiles, highlighting the growing risk to global energy supply routes. The Strait of Hormuz ...
U.S. inflation data released Wednesday showed consumer prices rising 0.3% month-on-month in February, while the annual CPI rate held steady at 2.4%, broadly matching market expectations. Core CPI, ...
Oil prices surged sharply into the end of the week, with crude settling near $91.30 per barrel after an explosive rally that ...
The Euro to Swiss Franc exchange rate held close to 0.9033 on Wednesday, remaining near multi-year lows after the pair briefly slipped below the 0.90 level earlier this week. The move marked the first ...
The US Dollar (USD) strengthened modestly following the release of the latest US inflation data. Figures from the US Bureau of Labor Statistics showed headline consumer price inflation held steady at ...
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