Independent coverage of UK markets, FCA policy and institutional trading
The GBP/USD pair catches aggressive bids during the Asian session on Wednesday, rallying beyond mid-1.3400s and hitting a fresh high since September 16 in the last hour amid a broadly weaker US Dollar…
China's Services Purchasing Managers' Index (PMI) declines to 50.8 in October from 51.6 in September, the latest data published by RatingDog showed on Wednesday.
US Dollar Index (DXY) faces some selling pressure near 101.30 during the early Asian session on Wednesday. Traders will closely monitor the US midterm election outcomes later in the day for fresh impe…
The EUR/USD pair edges higher to around 1.1240 during the early Asian trading hours on Wednesday. US midterm election uncertainty exerts some selling pressure on the US Dollar (USD) against the Euro (…
The NZD/USD pair gains some positive traction during the Asian session on Wednesday as a broad-based US Dollar (USD) selloff counters New Zealand's disappointing employment details. Spot prices, for n…
The USD/JPY pair attracts some sellers during the Asian session on Wednesday, snapping a two-day winning streak to hit a near three-week top the previous day amid a combination of factors. Spot prices…
Scotiabank analysts highlight the Pound trading steady against a mixed Dollar ahead of key risk events, including US midterms, UK PMI data, and the BoE decision.
Insurance provider American International Group, Inc. AIG is set to report its third-quarter 2026 results on Nov. 3, 2026, after the closing bell. The Zacks Consensus Estimate for the to-be-reported q…
The dollar traded modestly lower on Tuesday as currency markets weighed a partial rebound in crude prices, lingering US-Iran hostilities and anxiety ahead of US midterm elections, while the Australian…
Gains in chip stocks have lifted the Nasdaq Composite and S&P 500 on Tuesday after three losing sessions, while the Dow Jones Industrial Average is moving the other way. It has given back all of Monda…
Scotiabank’s FX team reports the Euro slightly lower versus the Dollar, as ECB officials keep a hawkish stance with December tightening still priced. Despite softer Oil, European energy concerns persi…
The Mexican Peso (MXN) loses ground against the US Dollar (USD) on Tuesday amid ongoing developments in the US mid-term elections, with investors turning cautious as they await the results and the com…
Commerzbank’s commodity team highlights disappointing Chilean Copper output, leaving third‑quarter production at a two‑decade low. Cochilco now forecasts an 8.4% slump in 2026 output and only a modest…
USD/JPY traded at 157.85 on Monday, November 2, up 0.18% from the previous session’s close near 157.56. The pair spent the European and early U.S. sessions inside a narrow band between 157.64 and 157.…
BNP Paribas analyzes how the rising cost of living has become central to US Midterms, despite solid growth and low unemployment. The report argues that inflation, weaker wage dynamics and housing pres…
EUR/USD trades little changed on Tuesday amid a cautious market mood as traders watch the US midterm elections. US-Iran developments also remain in focus. At the time of writing, the pair trades aroun…
USD/JPY edges higher on Tuesday as the Japanese Yen (JPY) underperforms its major peers, while stronger-than-expected US economic data lift the US Dollar (USD). Traders also monitor the US midterm ele…
The Pound Sterling (GBP) steadies against the US Dollar (USD), up a modest 0.10% on Tuesday, as investors await the results of the US midterm elections. US factory data and a stronger-than-expected US…
ING strategists Warren Patterson and Ewa Manthey note a sharp correction in Brent, with ICE Brent dropping 7.6% and falling back below $105/bbl as hopes for US-Iran talks grow ahead of US midterm elec…
Commerzbank’s Carsten Fritsch notes Silver has dropped to USD 48.6 per troy ounce, a 12‑month low, and is underperforming Gold as the gold/silver ratio reaches 80. He sees no Silver-specific trigger, …
Commerzbank’s Carsten Fritsch notes that the Gold price dropped 3.7% on Friday to USD 3,870 per troy ounce, extending October’s loss to almost 7%. He links the sell-off to forced liquidation by invest…
Societe Generale strategists note EUR/CHF has broken a short-term uptrend and failed to hold its 200-day moving average, reinforcing downside momentum. The cross is drifting toward the May low near 0.…
Norman Liebke at Commerzbank notes that the Reserve Bank of Australia (RBA) raised rates to 4.85%, but the Australian Dollar fell as markets saw the move as dovish. With growth and labour forecasts so…
The Australian Dollar (AUD) underperforms its major currency peers on Tuesday, trading 0.45% lower to near 0.6965 against the US Dollar (USD) during the European trading session.