Friday, May 27, 2022

GBP/USD: Focus now shifts to 1.2650/1.2600 – UOB

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FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang noted further downside in GBP/USD could target the 1.2650 level and probably...

ECB to hike interest rates by 25bps in July – Goldman Sachs

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In a report published on Monday, economist Sven Jari Stehn at Goldman Sachs noted that the European Central Bank (ECB) is seen lifting the...

Morgan Stanley slashes its China 2022 GDP growth forecast to 4.2%

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Analysts at Morgan Stanley revised down China’s 2022 GDP growth forecast to 4.2%, in line with the downgrade by Bank of America and Nomura...

USD/JPY tumbles below 128.00 after the release of Japan’s Unemployment Rate at 2.6%

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USD/JPY has recorded a vertical downside a little later than the release of Japan’s Unemployment Rate. Lower-than-expected Jobless Rate of 2.6% has underpinned...

Silver Price Forecast: XAG/USD plunges below $24.00 amid a mixed mood, firm US dollar

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The Silver Price will extend its losses if a daily close below the 200-DMA is achieved. The market sentiment shifted positive, but China’s...

Forex Today: Yen rules the roost amid risk-off start to the week

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What you need to know on Tuesday 26 April: Though US equities were able to stage an impressive recovery in the latter hours of...

GBP/USD reclaims 1.2700 after plunging towards multi-year-lows around 1.2690s

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The British pound extended its last week’s losses on weaker than expected UK economic data. Also, a dismal market mood and flight to...

NZD/USD unable to recover, back to the 0.6600 area

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US dollar holds onto significant daily gains across the board on risk aversion. NZD/USD heads for lowest daily close since late January. AUD/NZD...

Russia Envoy to UN: No point in ceasefire at moment, Kyiv might use ceasefire...

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According to Russia's First Deputy Envoy to the UN, Russia sees no point in agreeing to a ceasefire in Ukraine at the moment, reported...

SPDR S&P 500 ETF Trust SPY Stock News and Forecast: Tech earnings week to...

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SPY falls as yet more yield hikes finally see equities rollover. Fed speakers are now in blackout until the Fed rate decision. Euro...
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USD - United States Dollar
EUR
1.05
GBP
1.23
CHF
1.01
NOK
0.11
JPY
0.01
CAD
0.78
AUD
0.71