GBPUSD August 27 - 31 Outlook

2018 08 27

GBPUSD (1.2858) • The UK savings rate fell to a record low in Jul of 1.2%, according to private sector data. UK Finance, a banking group, only has 10 years’ worth of data but the weakening trend underscores the squeeze on consumers from rising prices and

Read More

USDINR August 20 - 24 Outlook

2018 08 20

The Indian rupee closed at an all-time low and below the psychologically important 70 level against the dollar, dragged down by wide than-expected trade deficit data and as emerging market assets remained under pressure. The rupee settled at 70.15 to a d

Read More

Gold August 20 - 24 Outlook

2018 08 20

Gold was virtually static, opening friday at 1176.25/1177.25. It traded a low of 1176.00/1177.00 before rising on buying interest to a high of 1180.00/1181.00 as palladium prices rebounded to a 1-week high. Thereafter, gold retreated to end the day slight

Read More

Weekly Outlook: August 20 - 24

2018 08 20

This week investors will get the chance on Wednesday to parse through the minutes of the Federal Reserve’s August meeting, when it left interest rates unchanged and indicated that it remains on track for additional rate hikes this year.

Read More

Weekly Outlook: August 13 - 17

2018 08 13

With another fairly light week on the economic calendar investors will continue to monitor developments on trade and Turkey. Wednesday’s U.S retail sales report will be eyed, amid expectations for an increase in July from the previous month.

Read More

Gold

2018 08 13

Gold opened on Friday virtually unchanged, at 1212.50/1213.50. After the open, the metal climbed to a high of 1216.75/1217.75 before declining on selling interest as the dollar index rose to a 5-week high with the Turkish lira

Read More

USDINR

2018 08 13

The rupee settled at 68.83 to a dollar, against 68.68 at previous close. It fell to the day's low of 69.02 but recouped some losses on dollar sales by state-run banks and exporters.

Read More

EURUSD

2018 08 13

EURUSD (1.1460) • The EUR is weak, trading below 1.15 for the first time in a little over a year. Spot fell around a cent in illiquid, friday overnight trading amid press reports focusing on European bank exposure to Turkey.

Read More

GBPUSD

2018 08 13

GBPUSD (1.2775) • The GBP is soft versus the USD but has gained modestly versus the EUR on the session amid better than expected UK data on the whole – a narrower trade deficit,

Read More

EURUSD

2018 08 06

EURUSD (1.1595) • EUR is soft, extending this week’s bearish turn with a break of 1.1600 and a push to levels last seen in late June.

Read More