GBPUSD

2018 07 23

GBPUSD (1.3044) • UK government borrowing was a little higher than market expected in Jun (GBP5.4bn) but the Apr-Jun data overall reflected the lowest net borrowing to start the fiscal year since 2007 as healthy jobs lifted receipts and government spendin

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EURUSD

2018 07 23

EURUSD (1.1662) • German PPI rose 3.0% Y/Y in June, in line with expectations and up from 2.7% in May. Eurozone current account data reflected a narrower,

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USDINR

2018 07 23

The rupee settled at 68.84 to a dollar, against 69.05 at previous close. The local unit fell to a record low of 69.13 against dollar,

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Gold

2018 07 23

Gold opened Friday slightly lower, at 1224.00/1225.00. After the open, the metal traded to a low of 1223.25/1224.25 before rebounding to a high of 1231.50/1232.50 as the dollar retreated

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Weekly Outlook: July 23 - July 27

2018 07 23

This week, investors will have a chance to see how the U.S. economy performed in the second quarter. Friday’s GDP report is expected to show that the economy rebounded in the three months to June, boosted by an increase in consumer spending.

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GBPUSD

2018 07 23

GBPUSD (1.3133) • President Trump seems to have taken a leaf out of the Miley Cyrus book of diplomacy and came into the UK like a wrecking ball. A wide-ranging interview with The Sun tabloid newspaper,

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EURUSD

2018 07 23

EURUSD (1.1625) • German wholesale prices rose 3.4% in the Jun year (from +2.9% in May) while Spanish CPI rose 2.3% in the year,

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USDINR

2018 07 23

The rupee settled at 68.52 to a dollar, its highest since Jun. 29, from 68.57 at previous close. It opened at 68.37 and then rose to 68.33,

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Gold

2018 07 23

Gold declined overnight on friday, touching a 7-month low shortly before opening the day at 1238.00/1239.00. After the open,

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Weekly Outlook: July 16 - 20

2018 07 23

Investors will be looking ahead to Federal Reserve Chairman Jerome Powell’s testimony on the economy and monetary policy to a Senate committee on Tuesday.

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