The Pound Sterling (GBP) bounces back strongly as focus shifts to the interest rate decisions by the Bank of England (BoE) and the Federal Reserve (Fed) next week.
Blogs
US Dollar snaps above important cap with PCE on the docket
The US Dollar (USD) pops against most major peers painting charts green this Friday in the aftermath of the US tripod print of US Gross Domestic Product – Durable Goods – Jobless Claims on Thursday.
Gold price remains lackluster as investors await US core PCE data for fresh guidance
Gold price (XAU/USD) remains stuck in a tight range as investors await the US Core Personal Consumption Expenditure – Price Index (PCE) for December, which will be published at 13:30 GMT.
Chinese stocks could eventually rescue the Australian Dollar – SocGen
Can China’s stock market rescue package support the Australian Dollar (AUD)? Economists at Société Générale analyze Aussie’s outlook.
EUR/USD rises to near 1.0870 after the comments from ECB members, focus on US PCE
EUR/USD moves higher to near 1.0870 during the European session on Friday.
EUR/USD: Sideways range trade remains intact – Scotiabank
EUR/USD recovers from the low 1.0800s. Economists at Scotiabank analyze the pair’s outlook.
Mexico Trade Balance s/a, $ increased to $1.856B in December from previous $0.03B
Mexico Trade Balance s/a, $ increased to $1.856B in December from previous $0.03B
Mexico Trade Balance, $ registered at $4.242B above expectations ($1.4B) in December
Mexico Trade Balance, $ registered at $4.242B above expectations ($1.4B) in December
Brazil Mid-month Inflation below expectations (0.47%) in January: Actual (0.31%)
Brazil Mid-month Inflation below expectations (0.47%) in January: Actual (0.31%)
EUR/USD seen at 1.0700/1.0500 on a 6/12M horizon – Danske Bank
EUR/USD moved lower to around the 1.0850 mark after the relatively dovish ECB meeting.