La Plata goes back below $ 38.50 as the bullish impulse fades near the annual maximum. The fortress of the US dollar weighs on silver while IPC data reflect persistent inflation, raising yields. The solid industrial data of China and Europe limit the fall of the XAG/USD. The price of silver is trying to recover […]
The Canadian dollar is strengthened as the operators digest the inflation data of Canada and the USA.
The Canadian dollar is slightly strengthened against the US dollar after the June CPI data that meet expectations. The general CPI in Canada rose 1.9% year -on -year, from 1.7% in May, driven by lower fallen in gasoline prices and higher costs of lasting goods. The US CPI surprises up, with general inflation by rising […]
News and prognosis of the price of the pound sterling: GBP/USD moves cautiously while the US inflation occupies the center of the stage
The sterling pound is quietly while the US inflation occupies the center of the stage The pound sterling (GBP) is quoted with caution against the US dollar (USD) about a minimum of three weeks around 1,3430 on Tuesday. Investors prepare for significant volatility in the GBP/USD PAR, since the United States Consumer Price Index (IPC) […]
US dollar in a cautious position before IPC data
The US dollar lies slightly down before the June CPI data, with the DXY maintaining around level 98.00. The feeling of the market remains cautious amid the ongoing tariff threats of US President Trump. The June CPI is expected to increase 0.3% compared to last month, while the underlying IPC is projected to rise a […]
Gold stabilizes about $ 3,350 while the markets observe the US CPI and tariff inflation -related risks
Gold remains around $ 3,350 while markets expect the US CPI; Inflation risks linked to tariffs are in focus. Fed interest rates perspectives depend on June CPI. General inflation is expected to be 2.7% (year -on -year) with an estimated underlying IPC in 3.0%. The Xau/USD technical breakout is coming from $ 3,371, with support […]
EUR/GBP fails to rebound beyond 0.8700 despite the optimistic data of the eurozone
The euro goes back from the 0.8700 zone despite the positive macroeconomic data. The German economic feeling and the industrial production of the Eurozone have shown improvements greater than expected. The EUR/GBP shows signs of a possible bearish correction. The euro quotes downwards in front of the pound on Tuesday. The strong German economic feeling […]
The USD/JPY expands its profit streak, US CPI data is in the spotlight
The USD/JPY returns to visit the maximum of two months around 148.00 waiting for the US CPI data for June. Shigeru ishiba of Japan is expected to gather with the US Scott Besent this week. The US inflation is expected to have grown at a faster rate in June. The USD/JPY pair extends its two […]
The jpy is consolidating in a narrow range – Scotiabank
The Japanese Yen (JPY) remains stable against the US dollar (USD) and is consolidated in a tight range just above its recent minimum, report the head strategists of FX of Scotiabank, Shaun Osborne and Eric Theoret. Higher yields offer limited support “Japanese government bonds (JGBS) are being negotiated defensively and long -term yields are reaching […]
Solid aluminum production in China – Commerzbank
According to data from the Statistics Office, the production of aluminum in China, the most important producing country, decreased slightly in June compared to the previous month, says Thu Lan Nguyen, head of FX investigation and Commerzbank raw materials. Aluminum production in China remains a negative factor for prices “However, this is not surprising, since […]
The GBP is trying to stabilize – Scotiabank
The sterling pound (GBP) rises 0.2% against the US dollar (USD), trying to stabilize in the middle of 1.34 after an aggressive setback since its maximum of several years on July 1, they report the head strategists of Scotiabak, Shaun Osborne and Eric Theoret. The RSI is slightly bassist just above 40 “There have been […]