GBPUSD September 17 - 21 Outlook

2018 09 17

GBPUSD (1.3124) • Sterling is trading constructively on the week overall, building on headlines that suggest a Brexit deal might be possible in the next few weeks. BoE Gov. Carney continues to warn of the dangers of a no-deal Brexit—telling UK lawmakers o

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Weekly Outlook: September 10 - 14

2018 09 10

The dollar slumped to more than two-and-a-half year lows against a basket of the other major currencies on Friday amid growing doubts over whether the Federal Reserve will be able to deliver another interest rate hike this year.

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Gold September 10 - 14 Outlook

2018 09 10

Gold moved higher overnight on friday, opening the day at 1201.00/1202.00. Immediately after the open, the metal touched a high of 1201.50/1202.50 before declining quickly to a low of 1193.25/1194.25 as U.S. 10-year Treasury yields rose to a 1-month high

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USDINR September 10 - 14 Outlook

2018 09 10

The rupee ended at 71.73 to dollar and posted its fourth weekly decline in last five weeks. The rupee is down over 12.30% so far in 2018 and is the worst performing Asian currency. The recent bout of slide in the value of rupee is not posing any systemic

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EURUSD September 10 - 14 Outlook

2018 09 10

EURUSD (1.1611) • Germany’s Trade surplus narrowed meaningfully in Jul (+EUR16.5bn, from +21.5bn in Jun) on weaker exports and a jump in imports over the month. German Industrial Production fell 1.1% M/M in Jul, much weaker than expected. France reported

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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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