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GBP/USD softens to near 1.3430 in Thursday’s Asian session. The UK government will hold the annual budget on November 26.The softer-than-expected job openings data supported investor expectations of a Fed rate cut. The GBP/USD pair declines to around 1.3430 during the Asian trading hours on Thursday

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Partner Center With traders from the U.S. and Canada out enjoying the Labor Day holiday, how did financial markets fare during the first day of this brand new month? Check out the headlines and economic updates you may have missed in the latest trading sessions! Headlines: U.S. Federal Appeals Court

GBP/USD gains 0.19% as Dollar struggles despite US GDP crushing forecasts.Jobless claims edged lower to 229K, but NFP revisions show labor market cooled with weaker job creation.UK inflation pressures persist as factory prices hit two-year high, keeping BoE rate-hold expectations intact. The GBP/USD

USD/JPY slipped overnight amid pullback in UST yields. There was news of top trade negotiator Akazawa cancelling his trip to Washington as there were points that needed to be debated at the administrative level. This saw little FX reaction. Pair was last at 147.10 levels. Bias is to sell rallies "Be

The current price movements still appear to be part of a range-trading phase, likely between 1.3450 and 1.3505. In the longer run, further pound Sterling (GBP) strength is not ruled out, but it is unclear if there is enough momentum for it to reach 1.3595, UOB Group’s FX analysts Quek Ser Leang and

Gold consolidates as investors price a 90% chance of September Fed rate cut, per Prime Market Terminal.Analysts at ING say Powell’s dovish tilt could drive Bullion toward another record high if bets materialize.Traders eye Durable Goods, GDP, Jobless Claims, and Core PCE for guidance on Fed’s next p

EUR/GBP weakens to around 0.8650 in Friday’s early European session.Hotter-than-expected UK July inflation data and upbeat UK PMI diminish odds of BoE rate reductions this year.Eurozone and German Composite PMI data came in stronger than expected in August. The EUR/GBP cross trades with mild losses

Yesterday’s FOMC minutes further dampened investor mood and accelerated the equity selloff – again led by a significant drop across Big Tech. The minutes stated that Fed officials were worried about both weakening jobs data and inflation risks, but that “a majority of participants judged the upside

Currencies and metals get sold on Monday. The Dastardly SPT's doing dastardly things. Good Day... And a Tom Terrific Day today for you! Another day of distress for my digestive system, I hope it ends soon, for I don't want to have to stop withe the medicine they are infusing in me... In 2018, I was

Industrial Production in the US contracted in July.US Dollar Index stays in negative territory below 98.00. Industrial Production in the United States (US) contracted by 0.1% on a monthly basis in July, the data published by the Federal Reserve (Fed) showed on Friday. This reading followed the 0.4%