Author: FX

The Australian Dollar (AUD) traded slightly lower on Friday, below 0.6650 against the US Dollar (USD), losing 0.15% over the session. Caution dominates trading ahead of the weekend as traders await Monday’s release of key Industrial Production and Retail Sales data from China, Australia’s main trading partner.This Forex session is thus marked by contained volatility on the AUD/USD, in contrast to Thursday’s session, which was shaken by US inflation data.If the Chinese data disappoint on Monday, they could rekindle concerns about Chinese demand for raw materials, a historic driver of the Australian Dollar, and prompt investors to reduce their exposure…

EUR/GBP trades mildly positive near 0.8650, after failing to hold gains above 0.8660.UK GDP flat in July, Industrial and Manufacturing Output disappoint.Focus shifts to UK jobs data on Tuesday, CPI on Wednesday and the BoE policy decision on Thursday.The Euro (EUR) trades with a mild positive tone against the British Pound (GBP) on Friday, with EUR/GBP paring earlier gains after failing to sustain momentum above 0.8660. At the time of writing, the cross is trading around 0.8650 as investors digest sluggish UK Gross Domestic Product (GDP) data alongside cautious commentary from the European Central Bank (ECB).The latest Office for National…

GBP/USD Forecast: Pound Sterling stabilizes ahead of US dataGBP/USD stays under modest bearish pressure and trades at around 1.3550 after gaining about 0.3% on Thursday. Although the technical outlook is yet to point to a buildup in bearish momentum, the pair could find it difficult to hold its ground in case safe-haven flows dominate the action in financial markets heading into the weekend.The US Dollar (USD) weakened against its rivals and allowed GBP/USD to stretch higher following the mixed macroeconomic data releases on Thursday. Read more…GBP/USD bullish bias intact after CPIToday’s US CPI release came in line with market forecasts,…

China has a new overcapacity fix: stern lectures Source link

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: investingLive is not an investment advisor, investingLive provides references and…

Erbud H1 2025 Presentation: Strong Q2 Recovery Drives 15% Revenue Growth Source link

The U.S. economy saw an uptick in its August CPI figure from 2.7% year-on-year to 2.9% as expected while the core version of the report also came in line with consensus, according to data released by the Bureau of Labor Statistics. On a monthly basis, the headline CPI rose 0.4% in August 2025, marking the largest monthly increase since January. The reading exceeded economist expectations of 0.3% and highlighted persistent price pressures across multiple sectors. Key Takeaways Headline CPI: Rose 0.4% month-over-month, up from 0.2% in July; annual rate climbed to 2.9% from 2.7% Core CPI: Increased 0.3% monthly, matching July’s…

The European Central Bank (ECB) kept its deposit rate unchanged at 2.00% on Thursday, marking the second consecutive pause after eight cuts since June 2024. The unanimous decision came as inflation hovers around the bank’s 2% target and economic risks appear more balanced following recent trade agreements. Key Takeaways ECB held all three key rates unchanged: deposit rate at 2.00%, main refinancing at 2.15%, marginal lending at 2.40% Decision was unanimous, marking second consecutive pause after eight cuts since June 2024 Inflation projections: 2.1% in 2025 (up from 2.0%), 1.7% in 2026 (up from 1.6%), 1.9% in 2027 (down from…

ICYMI, a Reuters report overnight:Switzerland is exploring ways to ease U.S. tariffs imposed by President Trump by boosting investment and production in America, including a proposal for its gold industry to build or expand refining capacity in the U.S. The move comes after Washington slapped 39% tariffs on Swiss imports in August, citing a large trade deficit driven by Swiss pharma and gold exports. Swiss officials and industry leaders are considering multiple steps to narrow the deficit, including U.S.-based gold refining, expanding domestic production of pharmaceuticals to cover all U.S. demand, and increasing purchases of U.S. military goods and LNG.…

The major assets flipped into risk-on mode after weak U.S. jobless claims overshadowed hotter CPI numbers, sealing in Fed cut expectations. Equities rallied to record highs, bond yields slipped, and the dollar tumbled as traders priced a more aggressive easing cycle from the Fed. Check out the headlines and economic updates you may have missed in the latest trading sessions! Headlines: New Zealand Manufacturing Sales for Q2 2025: -0.6% y/y (4.5% y/y forecast; 10.0% y/y previous) U.K. BRC Retail Sales Monitor for August: 2.9% y/y (1.6% y/y forecast; 1.8% y/y previous) U.S. API Crude Oil Stock Change for September 5, 2025:…