Show:
USD/CAD: CPI has little impact - Scotiabank
The Canadian Dollar (CAD) has slipped back somewhat after gains met resistance in the mid-1.3950 area, as expected, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USD/CHF Price Forecast: Extends recovery above 0.8850
The USD/CHF pair extends its recovery above 0.8850 in the North American trading session on Wednesday.
Crude Oil ticks up as geopolitical tensions trigger supply concerns
Crude Oil prices are ripping higher for a third day in a row on Wednesday, getting close to the $70 round level, as geopolitical tensions - namely the escalation in the war between Russia and Ukraine - take over market sentiment to the detriment of stockpile data.
EUR/USD: Negotiated wages in Q3 picks up sharply - Scotiabank
European Central Bank (ECB) data showed that negotiated wage growth picked up to 5.4% in Q3, from 3.5% in Q2, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USD firmer, poised to resume gains - Scotiabank
Steadier sentiment across risk assets prevails this morning, allowing gains in global stocks and a broader rebound in the US Dollar (USD) after a few days of mild losses, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Gold moderates lower as stronger US Dollar weighs
Gold (XAU/USD) pauses its recovery and pulls back into the $2,620s on Wednesday due mostly to the effect of a stronger US Dollar (USD).
Metals: LME lead stocks surge - ING
LME lead stockpiles surged to the highest level since 2013 yesterday after a second consecutive day of big inflows into the exchange's sheds in Singapore, ING's commodity analysts Warren Patterson and Ewa Manthey note.
US Dollar ticks up as markets brace for Nvidia earnings
The US Dollar (USD) recovers on Wednesday, with the DXY Index trading around 106.5, as market sentiment turns risk-on ahead of the Nvidia earnings release after the US closing bell.
Energy: Iran counters Russia-Ukraine geopolitical risk - ING
Despite an escalation in the Russia-Ukraine war, there has been limited impact on oil prices.
Further NOK-rally will prove temporary - Danske Bank
The growth story in Norway remains that of 'muddling through'.
EUR/CAD remains vulnerable near 1.4750 despite higher Eurozone Q3 Negotiated Wages Rate
The EUR/CAD pair stays under pressure near the intraday low of 1.4750 in the European trading session on Wednesday even though Eurozone Negotiated Wages Rate data accelerated in the third quarter of the year.
Mexican Peso trades mixed as markets absorb heightened geopolitical risk
The Mexican Peso (MXN) whipsaws between tepid gains and losses in its key pairs - USD/MXN, EUR/MXN and GBP/MXN - during the European session on Wednesday.
Potential SEK-strengthening near-term - Danske Bank
Swedish macro has disappointed recently, and the long-awaited cyclical rebound has yet to materialize.
EUR/USD: USD to trade stronger over the next year - Danske Bank
Recent US macro data suggests that the Fed can gradually normalize monetary policy toward a more neutral stance.
USD/CNH: Unlikely to reach the strong support at 7.2000 - UOB Group
The US Dollar (USD) could weaken further; any decline is unlikely to reach the strong support at 7.2000.
ECB: Euro area's negotiated wages rise by 5.42% YoY in Q3 2024 vs. 3.53% in Q2
On Wednesday, the European Central Bank (ECB) released its indicator of the Euro area's negotiated wages data for the third quarter of 2024.
CAD: Slightly higher inflation, but no cause for concern - Commerzbank
Canadian inflation figures for October, published yesterday, were slightly higher than expected.
USD/JPY: Pullback can extend to 153.20 - UOB Group
Pullback in the US Dollar (USD) could extend to 153.20, UOB Group's FX analysts Quek Ser Leang and Lee Sue Ann note.
Markets are waiting for next (geo-)political events - Commerzbank
In the end, EUR/USD was virtually unchanged. At one point, the euro was down 0.7% against the USD.
Silver Price Forecast: XAG/USD slumps below $31 as safe-haven demand fades
Silver price (XAG/USD) extends its correction below $31.00 in European trading hours on Wednesday after facing selling pressure near $31.50 on Tuesday.
Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy