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,

Read More

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,

Read More

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,

Read More

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,

Read More

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.

Read More

GBPUSD

2018 07 23

GBPUSD (1.3237) • UK data showed modest house price gains (+0.3 M/M for the Halifax measure) and a surprising pick up in Q1 Unit Labour Costs to 3.1% Y/Y. But for the GBP,

Read More

EURUSD

2018 07 23

EURUSD (1.1706) • German industrial production rose 2.6% M/M in May, way ahead of the +0.3% rise expected. The positive run of Eurozone data in the past few weeks should bolster expectations that the economy is poised to rebound after a lull in Q1,

Read More

USDINR

2018 07 23

The rupee settled at 68.87 to a dollar, against its previous close of 68.95, that was a record closing-low. It opened at 68.88 and briefly slipped to 69.03 levels, lowest since Jun. 28,

Read More

Gold

2018 07 23

Gold moved modestly lower overnight on Friday, opening the day at 1255.00/1256.00. After the open, the metal rose to a high of 1258.75/1259.75 as the dollar index dropped to a 3-week low and U.S. 10-year Treasury yields fell to a 5-week low. Shortly there

Read More

Weekly Outlook: July 9 - 13

2018 07 23

This week’s U.S. inflation data will be closely watched, while a Bank of Canada policy meeting and a first look at UK economic growth will also be in focus.

Read More