Forex

Weak GBPUSD reflects surging UK borrowing costs

The GBPUSD has fallen to levels last seen in November 2023, driven by surging UK borrowing costs. The yield on the UK 10-year gilt has surged to its highest level since the 2008 global financial crisis....

Dollar dominance continues | FX Research

The dollar’s dominance continues as we head into the North American open. Currencies have been hit hard across the board as the market prices in the possibility that the Fed will make fewer cuts in 2025....

Bitcoin: Will 92K hold, again?

Bitcoin appears to be moving in tandem with US tech stocks, posting falls and recoveries along a similar timeline....

Trump tariff news shakes up markets | FX Research

News that the incoming U.S. administration may scale back plans for sweeping tariffs has impacted the U.S. dollar. Trump has since denied this, stating his tariff policy will not be reduced, though markets remain somewhat skeptical....

XAU/USD tested by job data and technical crossovers

Gold surged by over $20 amid reports of China continuing to accumulate reserves and uncertainty around President-elect Donald Trump’s conflicting signals and tariff policies....

US Dollar selling gains momentum | FX Research

We suspected it might be the case, and as post-holiday trading conditions resume, we're seeing a reversal of flow with healthy profit-taking on long US dollar exposure....

What Trudeau’s resignation means for USD/CAD?

Canada's Prime Minister Justin Trudeau is reportedly expected to announce his resignation this week, with Reuters suggesting the announcement could come as early as today....

Commodity currencies are struggling | FX Research

The commodity block currencies have been hit hard of late and are once again extending declines to multi-month lows against the US dollar....

FOMC sparks gold selloff, UBS sees long-term gains

UBS forecasts gold prices to reach $2,900/oz by the end of 2025, driven by central bank demand, increased investor interest, and a lower interest rate environment....
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