Stronger than expected August Retail Sales (up 1.0% in headline terms versus a 0.4% rise expected) drove the pound to its highest in 2 1/2 years against the USD and the highest in 2 years against the ...

“The intraday chart reflects better selling pressure developing in the upper 1.11s over the past day or so as investors book profits on EUR longs. Price action is neutral on the intraday chart but ...

“It was noteworthy that there were no shipments to China and only minimal shipments to Hong Kong. The last time this happened was in January 2021. Almost no Gold was shipped to the US either. There ...

Gold rises to new highs after the Fed's 50-basis-point interest rate cut. According to Fed Funds Futures, a further interest ...

Bank of Canada Governor Tiff Macklem said on Friday that the adoption of artificial intelligence (AI) could add to inflationary pressures in the near term, per Reuters. "AI, combined with a more shock ...

The upside potential in the Gold market may have been largely exhausted after the new record high of $2,600 per troy ounce, ...

GBP/JPY rises over one-and-a-quarter percentage points on Friday, to trade in the 191.80s, as it builds on considerable gains ...

Norges Bank ultimately did what was perceived reasonable by the markets. It maintained its position that the key interest ...

The Canadian Dollar (CAD) is drifting back to very familiar ranges this morning. Spot is finding it hard to break away from ...

The Bank of Japan maintains its monetary policy unchanged, but removes its forwards guidance, to the sheer surprise of the ...

BoJ’s pruning hawkishness: The BOJ left rates unchanged at 0.25% and signaled a cautious approach to further hikes, likely ...

The main event this week was the monetary policy meeting in the US where markets prior to the meeting were historically divided between a 25bp and 50bp cut. The Federal Reserve chose to lower the ...