Euro: Energy risks cap recovery against US Dollar – ING
Euro: Energy risks cap recovery against US Dollar – ING
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Euro: Energy risks cap recovery against US Dollar – ING
Forex
Gold and silver head into a pivotal Fed week as ETF inflows and central bank buying support long-term demand. Explore the latest XAUUSD and XAGUSD outlook.
GBP/USD Price Forecast: VCP breakout likely after Fed-BoE policy announcements
TL;DR:Will the Fed and BoJ jointly surprise markets this week? USD/JPY, already at a 40-year high above 163, faces amplified two-way risk from their combined policy signals.
GBP/CAD could recover towards 1.8900 this week, although the Bank of England decision, UK fiscal concerns and volatile oil prices will determine whether the rebound can hold. The Pound to Canadian Dollar exchange rate (GBP/CAD) opened the new week near CA$1.8820, having recovered from last week's three-week low around.
EUR/USD trade idea for Monday [Video]
On 21 July, Stats NZ reported an acceleration in inflation: the Consumer Price Index rose 1.5% in the second quarter, while the annual inflation rate climbed to 4.1%, its highest level in more than two years and slightly above analysts' consensus forecast of 4.0%. The increase was driven primarily by higher fuel prices amid tensions in the Middle East.
Euro gains strongly against US Dollar on revival of risk-on sentiment
Gold holds steady as Fed decision and Middle East risks stay in focus
The Pound to US Dollar (GBP/USD) exchange rate fell to a two-week low last week as surging energy prices and escalating tensions in the Middle East boosted demand for the safe-haven US Dollar while Sterling came under pressure. At the time of writing, GBP/USD was trading around $1.3317, down approximately 1% over the week.
EUR/GBP Price Forecast: In a positive trend with bulls eyeing 0.8555 resistance
Euro: September hike outlook offers support against US Dollar – UOB
The Pound to Euro (GBP/EUR) exchange rate fell to a 16-day low last week as concerns over the UK government's fiscal plans overshadowed stronger domestic economic data and weighed on Sterling. At the time of writing, GBP/EUR was trading around €1.1708, down more than 0.4% over the week.
AUD/USD Price Forecast: Consolidates near 0.7000 as bulls await 38.2% Fibo. breakout
Pound Sterling Price News & Forecast: GBP/USD attracts strong follow-through buying
Gold edges higher as US-Iran diplomacy and weak oil weigh on USD ahead of FOMC meeting
EUR/JPY Price Forecast: Holds gains around 186.50 within rising wedge
Saudi Arabia Gold price today: Gold rises, according to FXStreet data
Philippines Gold price today: Gold rises, according to FXStreet data
United Arab Emirates Gold price today: Gold rises, according to FXStreet data