EUR/GBP maintained modest losses following mixed UK employment data on Thursday. The cross was trading around 0.8410 during the Asian session on Thursday. The number of people applying for unemployment…
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The European Central Bank (ECB) will announce its July monetary policy decision at 20:15 Beijing time on Thursday. ECB President Christine Lagarde will make a prepared statement on monetary policy…
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AUD/USD extended its early-week losses, falling to a two-week low of 0.6715-0.6710 on Tuesday. Despite falling U.S. bond yields and markets fully pricing in a September rate cut from the…
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During Asian trading on Wednesday, gold prices rose for three consecutive days, exceeding $2,480 and hitting a record high before falling into consolidation, with bulls taking a break before resuming…
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GBP/USD remained consolidated for the third consecutive day in Asia on Wednesday, trading around 1.2970. Meanwhile, sterling remains near the one-year high hit on Monday against the dollar, with fundamentals…
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During the Asian session on Wednesday, GBP/JPY rose to around 205.50. Selling pressure in the Japanese yen (JPY) has provided some support for this cross. Traders will keep a close…
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USD/CHF held steady around 0.8940 during Wednesday’s Asian session. USD/CHF may find support from a slight rebound in the U.S. dollar, which may be affected by rising Treasury yields. Dr.…
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On Tuesday, the S&P 500 hit a record high for the 38th time this year. Financial reports showed that second-quarter trading revenue of large banks jumped nearly 20%, driving a…
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In early European trading on Wednesday, EUR/GBP fell to around 0.8390. Sterling (GBP) attracted some buyers following the release of the UK Consumer Price Index (CPI) for June. Traders will…
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In early Asian trading on Tuesday, NZD/USD remained on the defensive around 0.6075. Weak Chinese economic data and a modest rebound in the US dollar (USD) continue to weigh on…