Morning Bid: CPI caution seems no barrier, sterling surges

A look at the day ahead in U.S. and global markets from Mike Dolan If Federal Reserve boss Jerome Powell had any inkling of the June U.S. inflation readout when…

Dollar slips ahead of CPI release; pound gains after GDP strength

Investing.com – The U.S. dollar slipped lower in early European trade Thursday ahead of a key inflation report later in the session, while strong growth data has boosted sterling. At…

UBS optimistic on British pound, sets EUR/GBP target at 0.8400

UBS expressed a positive outlook on the British pound, citing recent comments by the UK’s new Chancellor, Rachel Reeves, about the government’s growth agenda. Reeves emphasized the limited scope for…

UBS maintains EUR/USD longer-term target at 1.0500 post French election

UBS maintained its longer-term target for the EUR/USD exchange rate at 1.0500, following the French parliamentary elections. The bank noted the underperformance of the far-right National Rally (RN) and the…

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UBS revises NZD/USD forecast, expects RBNZ rate cut in August

UBS updated its forecast for the New Zealand dollar (NZD), anticipating underperformance against its G10 counterparts, including the US dollar. This revision follows a previous warning issued on May 30…

Short-term Analysis for Oil, Gold, and EURUSD for 11.07.2024

I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the…

FCA Revises UK Listing Rules, Investor Protections Maintained

The Financial Conduct Authority (FCA ) has published new rules today (Thursday). These rules establish a simplified listings regime with a single category and streamlined eligibility for companies seeking to…

Oil prices rise as crude, gasoline inventories ease

By Arathy Somasekhar (Reuters) -Oil prices gained on Thursday as crude stocks fell after U.S. refineries ramped up processing and as gasoline inventories eased, signalling stronger demand. Brent futures rose…