Pound Sterling stays under pressure against US Dollar as traders pare back Fed dovish bets
The Pound Sterling (GBP) remains under pressure near 1.2600 against the US Dollar (USD) in Monday’s London session. The ...
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ECB’s de Guindos: Balance of risks has shifted from concerns about high inflation to fears over growth
European Central Bank (ECB) Vice President Luis de Guindos said on Monday that “the balance of risks has shifted from ...
AUD/USD stabilises amid RBA’s hawkish outlook
The Australian dollar finds some support from the hawkish comments made by Reserve Bank of Australia (RBA) Governor Michele ...
Gold declines on US Dollar surge but finds support amid geopolitical risks
Geopolitical developments remain a key driver for gold. US authorization of long-range missile use by Ukraine, escalating ...
EUR/USD eyes firm-footing with ECB Lagarde’s speech in focus
This week, investors will focus on the preliminary S&P Global Purchasing Managers Index (PMI) data for November, which will ...
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AUD/USD: Likely to trade in a sideways range of 0.6445/0.6485 – UOB Group
Momentum indicators are turning flat; Australian Dollar (AUD) is likely to trade in a sideways range of 0.6445/0.6485. In the longer run, further AUD weakness still appears likely; the next level to ...
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EUR: Delaying the 1.05 break – ING
EUR/USD to trade around 1.04 at year-end “Our economists are cautiously optimistic on the eurozone-wide figure, where they expect 50.2 (consensus is 50.0), although they suspect German figures could ...
DXY: Consolidation on the day – OCBC
The US Dollar (USD) bulls show signs of fatigue even as better US data last Fri did not fuel further USD upticks. DXY was last at 106.52 levels, OCBC FX analysts Frances Cheung and Christopher Wong ...