BoE repricing lifts Pound but risks loom – MUFG

BoE repricing lifts Pound but risks loom – MUFG

MUFG’s Derek Halpenny highlights that the Bank of England’s unanimous hold and sharp front-end repricing have driven a notable rise in UK yields, supporting the Pound. He judges the rates move as somewhat overdone and warns that a worsening Middle East situation and higher energy prices could hit equities, reverse some tightening and erode GBP […]

USD/CHF ticks up to near 0.7890 as US Dollar recovers

USD/CHF ticks up to near 0.7890 as US Dollar recovers

The USD/CHF pair edges higher to near 0.7890 during the early European trading session on Friday. The Swiss Franc pair gains as the US Dollar (USD) bounces back after a sharp sell-off the previous day. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. […]

XAG/USD holds onto recovery move around $74, outlook remains grim

XAG/USD holds onto recovery move around , outlook remains grim

Silver price (XAG/USD) holds onto Thursday’s recovery move around $74 during the Asian trading session on Friday. The white metal recovered the previous day after revisiting the February low around $64.00. The Silver price attracted significant bids after a sharp decline in the US Dollar (USD), which was driven by diminished fears of policy divergence […]