Traders enter Fed week split on a rate hike as Warsh scraps forward guidance
Swap markets put the odds of a quarter-point Fed hike next week at just 30%, against a 70% chance of…
Forex News
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GBP/USD slips for second day as oil spike revives inflation fears
The British pound fell for a second straight day on Friday, sliding 0.22% against the US dollar as a geopolitically…
USD/CAD holds above 1.4000 as downside pressure persists
USD/CAD is holding above 1.4000 after consolidating a sharp drop from its June high of 1.4248. Continuum Economics analyst PakLai…
AUD/USD Firms as July Fed Hike Odds Collapse to 10%
Softer-than-expected U.S. inflation this week cut the odds of a July Federal Reserve rate hike to just 10%, lifting AUD/USD….
GBP/USD Falls to $1.3499 as Safe-Haven Dollar Rises and Mahmood Rally Fades
GBP/USD slipped on Thursday as escalating US-Iran fighting drove investors into the safe-haven dollar. The pair traded near $1.3499, down…
