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EURUSD September 10 - 14 Outlook
2018 09 10EURUSD (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
Read MoreGBPUSD September 10 - 14 Outlook
2018 09 10GBPUSD (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
Read MoreWeekly Outlook: September 3 - 7
2018 09 03This week concerns over trade tensions and emerging market turmoil will remain at the forefront for investors ahead of Friday’s U.S. jobs report.
Read MoreUSDINR September 3 - 7 Outlook
2018 09 03The 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
Read MoreGold September 3 - 7 Outlook
2018 09 03Gold 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
Read MoreEURUSD September 3 - 7 Outlook
2018 09 03EURUSD (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%),
Read MoreGBPUSD September 3 - 7 Outlook
2018 09 03GBPUSD (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
Read MoreWeekly Outlook: August 27 - 31
2018 08 27The 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.
Read MoreGold August 27 - 31 Outlook
2018 08 27Gold 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
Read MoreUSDINR August 27 - 31 Outlook
2018 08 27The 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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