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USD/CHF flattens around 0.7960 as investors shift focus to the Fed’s monetary policy meeting.The Fed is expected to cut interest rates by 75 bps in the remainder of the year.Swiss producer inflation is expected to have grown by 0.1% in August. The USD/CHF pair trades in a tight range around 0.7960 d

Slight increase in downward momentum is likely to lead to Pound Sterling (GBP) trading in a lower range of 1.3485/1.3560. In the longer run, the current price movements are likely part of a broad range between 1.3430 and 1.3595, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. GBP is like

EUR/USD receives support as the US Dollar struggles amid rising odds of a Fed bumper 50-basis-point rate cut in September.The CME FedWatch tool shows markets pricing in 10% odds of a larger 50-basis-point move at the September meeting.The French government collapsed after Prime Minister François Bay

WTI prices advance amid rising prospects of further sanctions on Russian crude.Russia carried out its largest airstrike of the war on Ukraine, igniting the main government building in central Kyiv.Eight OPEC+ members will increase production by 137,000 barrels per day starting in October. West Texas

The yen is modestly stronger against the dollar this morning although this is more a reflection of US dollar weakness and the drop in USD/JPY is no larger than dollar declines against other G10 currencies. There has been limited market reaction to the finalising of the US-Japan trade deal that saw P

NZD/USD advances to near 0.5870 as the New Zealand Dollar outperforms its peers.Investors await key US NFP data for August.The Fed is expected to cut interest rates in the policy meeting this month. The NZD/USD pair trades 0.45% higher around 0.5870 during the European trading hours on Friday. The K

The DXY Index depreciated by 0.3% to 98.1. Mirroring the nonfarm payrolls, US JOLTS job openings fell to 7181k in July, lower than the 7380k consensus. June was revised lower to 7357k from 7437k,, DBS' Senior FX Strategist Philip Wee report. US labour market and Fed watch "The labour market’s softne

Summary Real consumer spending rose 0.3% in July and is now up 2.0% over the past year. A big pick-up in wages and salaries is helping households keep their head above water for now even as prices still rise. The composition of spending still carries some mild signs of tough choices for households.

Canada's real GDP contracted more than expected in Q2.USD/CAD trades in positive territory above 1.3770 after this data. Canada's real Gross Domestic Product (GDP) declined by 0.4% on a quarterly basis in the second quarter, Statistics Canada reported on Friday. This print followed the 0.5% growth r

Silver rebounds sharply on Wednesday, snapping a four-day losing streak after falling to its lowest level since August 4.The rebound follows a pullback in the US Dollar, as political pressure mounts on the Fed after President Trump calls for Governor Lisa Cook's resignation.Traders await the release