The US dollar is consolidated above 98.50 after a rally driven by the CPI, with the markets now attentive to the US IPP and industrial production data. The president of the USA, Donald Trump, ended a commercial agreement with Indonesia on Tuesday, imposing a 19% tariff on Indonesian exports. The June CPI data arrived mixed, […]
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I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
USD/CAD remains stable above 1,3700 waiting for American IPP data
The US dollar maintains a moderate upward trend against the Canadian dollar, driven by the cautious mood of the market. The greatest inflation in the US and the hopes of higher rates of the Fed for a longer time are supporting the US dollar. The recent decrease in oil prices is adding negative pressure on […]
Gold Price forecast: Xau/USD fluctuates around EMA of 20 days before the US IPP data.
The price of gold is laterally quotes around $ 3,335 while investors expect the US PPI data for June. The price of goods imported by the US has increased due to tariffs imposed by President Trump. Operators reduce the Fed Dovish expectations before price pressures, accelerating due to Trump tariffs. The price of gold (Xau/USD) […]
The yen is stable just above the minimum of the broken range – Scotiabank
The Japanese yen (JPY) is quoted flat in front of the Dollar American (USD) and tries to stabilize just below the lower end of the range (broken) that had been maintained since the beginning of May. The JPY is stable amid the volatility of the bond market “The yields of the long -term Japanese government […]
The pound loses impulse after an ephemeral rebound of the CPI – Scotiabank
The pound sterling (GBP) also remains stable and tries to stabilize after a recent streak of weakness, staying just above its minimum at the end of June; A rupture of this level would require a change in the upward trend, the FX Chief Strategies of Scotiabank, Shaun Osborne and Eric Theoret report. The markets are […]
The EUR operates stable at the bottom of 1.16 – Scotiabank
The euro (EUR) is entering the American session of Wednesday in front of the US dollar (USD) and trying to stabilize in the low 1.16, the FX Chief Strategies of Scotiabank, Shaun Osborne and Eric Theoret report. The markets consider the risks of the FED/ECB and the vulnerability of a considerable length in EUR “The […]
USD/CNH: Any advance will establish a higher range of 7,1720/7.1920 – UOB Group
The US dollar (USD) could rise slightly in front of the Chinese Yuan (CNH), but any advance is probably part of a higher range of 7,1720/7.1920. In the long term, the USD is expected to be negotiated in a range between 7,1550 and 7,1920, the FX analysts of UOB Group, to be Leang and Peter […]
The Canadian dollar shows few changes in the day – Scotiabank
The Canadian dollar (CAD) continues to operate in rank, inform the main strategists of Scotiabank, Shaun Osborne and Eric Theoret. The body maintains the range after the CPI that suggests that the BOC will remain waiting “A slight increase in Canadian inflation yesterday helps maintain the perspective that the Boc policy is kept waiting for […]
USD/JPY: A sustained breakup is unlikely over 149.30 – UOB Group
There is room for the US dollar (USD) to rise more against the Japanese yen (JPY), but it is unlikely that a sustained breakup will occur above 149.30. In the long term, the conditions are still overcompra, but a strong impulse can continue to take the highest USD; The next level to monitor is 149.80, […]
USD: The rebound stops, concerns for inflation persist – Scotiabank
After having constantly won since the beginning of the month, the USD rebound can be showing clearer signals at least stagnate this morning. The USD is quoting mixed in front of the main currencies, but it shows slight losses against the main peers and the DXY remains within yesterday’s range at this time. However, it […]
