The commodities feed: Oil rallies as Trump confirms new deadline for Russia
Oil prices extended their rally yesterday as President Trump confirmed that he will give Russia 10 days to…
Read MoreEUR/GBP softens to near 0.8650 after German Retail Sales data
EUR/GBP loses traction to around 0.8650 in Wednesday’s early European session. German Retail Sales rose 4.9% YoY in…
Read MoreUSD/CHF drifts lower to near 0.8050 as traders brace for Fed rate decision
USD/CHF softens to near 0.8055 in Wednesday’s Asian session. Markets expect the Fed to leave the interest rate…
Read MoreUSD/CAD eyes 1.3800 break as momentum builds – Société Générale
USD/CAD is approaching key resistance at 1.3800 after consolidating gains from its June low near 1.3535. With momentum…
Read MoreChina’s Commerce Ministry: Hope the US can meet halfway
Chinese Commerce Ministry said in a statement on Wednesday that it “hopes the US can meet China halfway.”…
Read MorePound Sterling trades with caution against US Dollar ahead of Fed interest rate decision
The Pound Sterling trades near 1.3350 against the US Dollar, with investors awaiting the Fed’s monetary policy announcement.…
Read MoreEUR/USD fluctuates near one-month lows following weak German GDP data
The Euro remains depressed near one-month lows, weighed by concerns about the consequences of the EU-US trade deal.…
Read MoreJapan’s Akazawa: Trade deal with US guarantees lowest tariff rates for chips, pharma
Japanese Economy Minister and top trade negotiator Ryosei Akazawa said on Tuesday, “my understanding is that if a…
Read MoreGBP/USD slips to 1.3401 as US–EU trade deal lifts Dollar ahead of Fed meeting
US–EU deal imposes 15% tariffs on EU goods, boosting Dollar and weighing on GBP. Markets eye July 31…
Read MoreEUR/USD under seller control: The deal’s consequences could be severe
The EUR/USD pair tumbled to 1.1579 by Tuesday, marking its sharpest intraday decline since 6 November last year.…
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