Gold Price Forecast: XAU/USD buyers try their luck on Mideast respite, Oil slump – FXStreet
Gold Price Forecast: XAU/USD buyers try their luck on Mideast respite, Oil slump FXStreet Source link
South Korea’s Naver jumps 10% on Nvidia’s $1 billion investment plan
South Korea’s Naver jumps 10% on Nvidia’s $1 billion investment plan Source link
British Pound extends gains vs weak USD as Iran diplomacy hopes grow
The GBP/USD pair builds on Friday’s modest bounce from a three-week low and gains strong follow-through positive traction at the start of a new week. This marks the second straight day of a positive move and lifts spot prices above mid-1.3300s during the Asian session amid a broadly weaker US Dollar (USD). The USD Index […]
Naver jumps to one-month high as Nvidia takes $1 billion stake for AI data center
Naver jumps to one-month high as Nvidia takes $1 billion stake for AI data center Source link
Nvidia in talks to provide $250 bln guarantee for OpenAI data center project – WSJ
Nvidia in talks to provide $250 bln guarantee for OpenAI data center project – WSJ Source link
Supply risks keep prices elevated – BNY
BNY’s Geoff Yu notes that Brent has retreated slightly below $100 but remains supported by renewed Middle East tensions, Red Sea and Strait of Hormuz disruptions, and Kazakhstan’s export halt. Institutional flows show high-conviction re-accumulation of energy exposure from a still-depleted base. The report stresses that the oil surge is feeding directly into inflation and […]
Why this analyst says Reconciliation 3.0 is still a long shot even as it shrinks
Why this analyst says Reconciliation 3.0 is still a long shot even as it shrinks Source link
British Pound rises as Oil slide softens USD, Fed hike bets increase
The Pound Sterling advances by some 0.20% on Friday as Oil prices tumble, weighing on the US Dollar, while the US-Iran conflict signals a further escalation, which market participants ignored. Despite registering daily gains, the GBP/USD is poised to finish the week with losses of nearly 0.70%. GBP/USD rebounds as oil weakness offsets Fed hike […]
ETF assets in Brazil nearly triple in two years to $22.8bn
ETF assets in Brazil nearly triple in two years to $22.8bn Source link
Choppy range view holds against US Dollar – Rabobank
Rabobank’s Senior FX Strategist Jane Foley describes EUR/USD as wary after the July European Central Bank (ECB) meeting. Foley notes that the Euro (EUR) failed to gain support despite a hawkish ECB tone, while the Dollar benefits from safe haven demand and Federal Reserve (Fed) expectations. Foley still expects EUR/USD to trade in a choppy […]
