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Weak Sterling Awaits UK GDP, Gold Poised to Reach Record High

Weak Sterling Awaits UK GDP, Gold Poised to Reach Record High
actionforex.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from actionforex.com Daily Mail and Mail on Sunday newspapers.

United statesUnited kingdomSan franciscoNew zealandHong kongDave ramsdenMary dalySwati dhingraEco watchersJapanese yenSwiss francNew zealand dollarAustralian dollarChina shanghaiSingapore strait timesGovernor dave ramsden

Canadian Dollar Rallies on Strong Job Data, Sterling Support by GDP

Canadian Dollar Rallies on Strong Job Data, Sterling Support by GDP
actionforex.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from actionforex.com Daily Mail and Mail on Sunday newspapers.

Hong kongUnited statesUnited kingdomEco watchersCanadian dollarChina shanghaiSingapore strait timesManufacturing indexEconomist doug steelWatchers surveyTrade balanceConsumer sentiment index may

Precious Metals Shine as Global Markets Await Central Bank Decisions and Data

As Asian session unfolded, the forex markets have been relatively quiet. Precious metals, on the other hand, are making headlines with Gold soaring above new record high above 2350 mark and Silver also rallies significantly. Nikkei is having a notable rebound even though 40k psychological level could remain a strong resistance to cap upside. Oil prices dip slightly on news that Israel is withdrawing more soldiers from southern Gaza, but the retreat is so far limited.

United kingdomHong kongUnited statesIsrael generalNew zealandUniversity of michiganA ministry of healthEco watchersSwiss francChina shanghaiSingapore strait timesGovernor tiff macklemEurozone sentixAustralia westpacWatchers surveyTrade balance

Swiss Franc and Yen Soft on Rising Yields and Metals

These development keeps Swiss Franc and Yen as the worst performers for the day so far. Australian Dollar is leading other commodity currencies higher. Dollar, Euro and Sterling are positioned in the middle with the greenback having a slight disadvantage.

Hong kongUnited kingdomEco watchersA ministry of healthSwiss francChina shanghaiSingapore strait timesSsentix investor confidenceCurrent situation indexExpectations indexWatchers surveyTrade balance

Yen Weakens Amid BoJ s Dovish Signals, S&P 500 Poised to Break Through 5000 Milestone

Japanese Yen declines broadly in today's Asian session, reacting to dovish remarks made by BoJ Deputy Governor. The official's commentary emphasized a cautious approach to monetary tightening, highlighting that even with exit from negative interest rate policy, the pace of interest rate hikes would remain measured.

Hong kongNew zealandWu qingUnited statesYi huimanShinichi uchidaThomas barkinAdriana kuglerSusan collinsEco watchersSecurities regulatory commissionBank lendingyy janJapanese yenBoj deputyNew zealand dollarsLunar new year