GBPUSD September 10 - 14 Outlook

2018 09 10

GBPUSD (1.2989) • Sterling has been lifted this week by indications that the EU may be softening its Brexit stance. Reports today indicate that EU Brexit negotiator Barnier told UK lawmakers that the EU was open to other “backstops” to address the tricky

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Weekly Outlook: September 3 - 7

2018 09 03

This week concerns over trade tensions and emerging market turmoil will remain at the forefront for investors ahead of Friday’s U.S. jobs report.

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USDINR September 3 - 7 Outlook

2018 09 03

The rupee settled at a record-closing-low for a third straight session of 70.99 to a dollar, against 70.74 at previous close. Intraday, it fell to 71-level, but had pared some losses on greenback sales by at least one large state-run bank and a private le

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Gold September 3 - 7 Outlook

2018 09 03

Gold moved higher overnight, opening friday at 1204.00/1205.00. After the open, the metal touched a high of 1204.25/1205.25 before declining to a low of 1198.25/1199.25 as the dollar index improved to a weekly high. Gold was underpinned by safe haven buyi

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EURUSD September 3 - 7 Outlook

2018 09 03

EURUSD (1.1656) • German Retail Sales fell more than expected in Jul (-0.4% M/M) while French CPI rose a stronger than expected 2.3% Y/Y through Aug. Eurozone CPI rose a preliminary 2.0% Y/Y in the same month, however, a little below expectations (+2.1%),

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GBPUSD September 3 - 7 Outlook

2018 09 03

GBPUSD (1.3004) • The Nationwide House Price index weakened 0.5% M/M in Aug, the largest fall in 6 years, according to the lender’s data. The dip reflects trends in other house price data for the UK. UK politicians return from their summer recess next wee

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Weekly Outlook: August 27 - 31

2018 08 27

The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.49% at 95.08 late Friday. The index ended the week down 0.96%, its second consecutive weekly decline.

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Gold August 27 - 31 Outlook

2018 08 27

Gold moved higher overnight on thursday, opening friday at 1192.50/1193.50. Shortly after the open, the metal traded to a 2-week high of 1208.25/1209.25 on dollar weakness as palladium prices rose to a 1-month high. Brent crude oil prices rallied to a 6-½

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USDINR August 27 - 31 Outlook

2018 08 27

The rupee settled at 69.91 to a dollar, against 70.11 at previous close. It fell to the day's low of 70.23 earlier, before erasing losses and rising to the day's high of 69.89 amid rebound in the Chinese yuan and on dollar sales by foreign and private ban

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EURUSD August 27 - 31 Outlook

2018 08 27

EURUSD (1.1590) • EURUSD is little changed. German Q2 GDP was finalized at +0.5% Q/Q, in line with previous reports. Details reflected firm domestic demand supporting growth overall in the quarter which helps solidify the impression of a broader rebound i

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