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Spot remains under some selling pressure in the second half of the week, giving away part of the recent advance to levels beyond 1.1600 the figure and refocusing instead on the 1.1550 area and below. EUR has also derived some offers after flash PMIs in core Euroland came in on a mixed tone for the month of August. In fact, flash manufacturing PMI in Germany and...

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Silver futures fell 0.21% to $14.74 a troy ounce, while platinum futures rose 0.18% to $794.40.

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The Japanese yen is unchanged in the Wednesday session. In the North American session, USD/JPY is trading at 110.42, up 0.11% on the day. In economic news, Japanese All Industries Activity declined by 0.8%, missing the estimate of -0.7%. The U.S releases Existing Home Sales, which are expected to edge higher to 5.40 million. Today’s key event is the Federal...

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Bitcoin went above 6,500 dollars after Apple founders Steve Wozniak told Bitcoin that he had a lot of different sides to any technology product and that he joined a crypto currency start-up.

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USD/TRY fell 0.41% to 6.0335 in thin trading, as Turkish financial markets are closed for holidays for the week. The lira was under renewed pressure after Trump said there will be "no concessions" in a disagreement with Turkey over a detained U.S. pastor.

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"We remain concerned that Brexit risks will weigh on the GBP outlook through the fall." "GBP/USD short-term technicals: neutral/bullish – Sterling has benefitted from steady accumulation from around the 1.27 area over the last 24 hours or so, suggesting that sterling bargain hunters have been active."

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The EUR/USD managed to rise back above 1.1500 but it failed to reach fresh daily highs. After falling to 1.1490, rebounded and rose to 1.1530. As of writing it was hovering around 1.1510/20, consolidating modest daily gains.

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Gold prices may also decline in non-ferrous metals markets. This is due to the high inflation in the United States, the slowdown in the Fed's interest rate growth policy and the growing political and economic risks in the world.

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SINGAPORE (Reuters) - Oil prices held firm on Tuesday, with U.S. fuel markets seen to be tightening, although the release of crude from the American strategic reserve somewhat offset an expected supply cut due to upcoming sanctions against Iran.

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The GBP/USD pair quickly reversed a mid-European session dip to sub-1.2700 level and is now headed towards the top end of its daily trading range. Optimism over fresh US-China trade talks continued prompting some US Dollar profit-taking on the last trading day of the week and was seen as one of the key factors driving the pair higher for the second consecutive session.

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The decision sets the stage for a new round of sanctions by U.S. President Donald Trump. Treasury Secretary Steven Mnuchin said Thursday the U.S. was ready to announce further sanctions if Erdogan refuses the quick release of the pastor. The specter of further punitive actions from Washington has kept the pressure on Turkish financial markets, along with the...

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The Euro is trading slightly better against the U.S. Dollar on Friday. The single currency continues to be supported by the announcement of renewed trade talks between the United States and China later this month. An easing of tensions over Turkey’s currency crisis is also providing support. Considering the limited impact on European banks, the recent sell-off in...

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Yesterday EUR/JPY came close to the May low at 124.62 around which we anticipated to see some stabilization. The cross has since bounced off yesterday’s low at 124.91”. “Resistance above the August 14 high at 127.00 comes in at the 128.96/129.35 early and late March lows”.

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More good news in the unemployment rate which dipped to 5.3% in the month, the lowest since November 2012, though this could partly be explained by the drop in the participation rate to 65.5% from 65.7%. AUD/USD squeezed up to a high of 0.7279, stemming the five-day bearish bias that had driven prices. The pair is now trading at 0.7265 and, technically, it seems...

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The pair has come under renewed selling pressure today, breaking below the 111.00 support once again and printing at the same time fresh daily lows. The down move in spot came along a drop in yields of the US 10-year reference to the vicinity of 2.85% after climbing as high as the 2.90% neighbourhood earlier in the session. Auspicious results from US Retail...

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GBPUSDcontinues to trade just above 1.2700 with the pair driven by the rampant greenback. Recent UK data has been benign to mildly Sterling supportive, but GBP cannot match the strong US dollar complex.The US dollar index (DXY) currently trades at a near 14-month high, propped up by US rates – the 2-year UST yields 2.635% - and strong economic data with five...

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As tensions continued to flare between Turkey and the US this limited the potential for the Euro to US Dollar (EUR/USD) exchange rate to recover from its recent bout of weakness. Concerns remain over the future of the Turkish economy, with the imposition of tariffs on a number of US goods risking a further escalation of the financial crisis. Given the risk that...

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The loonie is trading higher as strong economic indicators have shown the Bank of Canada (BoC) could deliver a third rate lift this year. Trade worries had put pressure on the Canadian dollar, but an administration change in Mexico has unlocked NAFTA negotiations between the US and Mexico. President Trump said that Canada must wait as his preference for bilateral...