Browning

European Central Bank (ECB) board member Isabel Schnabel said on Tuesday that interest rates in the Eurozone are in a good place and added that upside risks to inflation continue to dominate. Schnabel further argued that the pass-through from a stronger Euro (EUR) is likely to be limited. Regarding

The Indian Rupee opened weak against the US Dollar around 88.50 ahead of India’s CPI data for August.US Commerce Secretary Lutnick said that a trade deal with India would likely be reached if it stops buying Russian Oil.US Initial Jobless Claims for the week ending September 5 came in at their highe

The Euro (EUR) is quietly consolidating in a tight range and entering Monday’s NA session unchanged from Friday’s close, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report. Markets appear calm in face of French vote "All eyes are on this Thursday’s ECB and a hold is widely expec

EU mid-market update: Chinese equities selloff as global bonds tentatively stabilize ahead of next US jobs report; Day 1 of investor conf season reveals consumers' stress now has week-to-week volatility with some trading down to smaller value packs. Notes/observations - In China, tech stocks drove a

Dow Jones futures move little as traders adopt caution ahead of US labor data, along with ISM Services PMI.Tech stocks led gains after Alphabet avoided a breakup in an antitrust case.The Trump administration asked the US Supreme Court to review a tariff case, seeking to overturn lower court rulings.

Government regulators in India are considering easing restrictions on the inclusion of gold ETFs in the country’s pension funds. This could supercharge India’s already surging gold investment market. India ranks as the world’s second-largest gold market behind China. Gold-backed ETFs are currently t

Gold continued to trend higher and spiked to the highest levels since late April, just ticks under new record high on Monday. Weaker dollar on growing bets for Fed’s September rate cut, following more dovish comments from US policymakers and fresh US political turmoil, along with darkened economic a

Two clocks FX never trades as if it owns the future; it’s a market built for the here and now, wired into immediacy like a jazz drummer keeping time. The Lisa Cook saga may be a big drumroll for the political class, but for FX, it’s background noise, like a cymbal brushed faintly in the distance. Th

The US Dollar Index rises ahead of looming US economic data later in the week.Traders adopt caution due to rising concerns over Fed independence.Fed Governor Lisa Cook’s exit may boost the odds of earlier rate cuts. The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against s