Trading news

Mexico Consumer Confidence increased to 46.5 in August from previous 45.8

Mexico Consumer Confidence s.a up to 46.7 in August from previous 45.9

Brazil Industrial Output (YoY) below forecasts (0.3%) in July: Actual (0.2%)

Brazil Industrial Output (MoM) meets expectations (-0.2%) in July

Gold price (XAU/USD) extends its winning streak for the seventh trading day on Wednesday. The precious metal posts a fresh all-time high near $3,550 as investors have dumped long-dated government bonds across the globe.

The Euro rally against the British Pound has been unable to confirm above the 0.8700 level, and the pair retreated during the European session on Wednesday, turning negative on the daily charts and reaching a low of 0.8685 at the time of writing.The upward revision of August’s UK Services PMI has pr

The UK is clearly not the only country facing a difficult fiscal prognosis but, since it also runs a sizeable current account deficit, there is potential for the exchange rate to be particularly sensitive to bad fundamental news, Rabobank's FX analyst Jane Foley reports.

India M3 Money Supply increased to 9.8% in August 18 from previous 9.6%

The Japanese Yen (JPY) is down a marginal 0.1% against the US Dollar (USD) and once again underperforming all of the G10 currencies—albeit this time in quiet trade, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

The Pound Sterling (GBP) is also up a marginal 0.1% against the US Dollar (USD) as it attempts to consolidate Monday’s losses, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

The Euro (EUR) is up a marginal 0.1% against the US Dollar (USD) and a mid-performer among the G10 as it consolidates in a tight range in the mid/lower-1.16s, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

The Canadian Dollar (CAD) is a mild underperformer on the session. Factors have shifted a little against the CAD so far this week, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

The US Dollar (USD) has slipped back somewhat overall through the course of the European morning session, giving up early gains to trade a little softer overall against most of its major currency peers as the North American day gets underway, Scotiabank's Chief FX Strategists Shaun Osborne and Eric

PMI data shows broad-based expansion across sectors; all sub-indices were higher than in July. US inventory growth and input/output price pressures surged on a m/m basis.

The USD/JPY pair moves higher to near 149.00 during the European session on Wednesday. The pair moved higher as the Japanese Yen (JPY) underperforms its peers, following a sharp increase in Japan’s long-term bond yields.

United States MBA Mortgage Applications fell from previous -0.5% to -1.2% in August 29

The US Dollar appreciates for the third consecutive day on Wednesday, buoyed by higher US yields, while the decline in Oil prices keeps weighing on the commodity-sensitive Loonie.

AUD/USD is trading in a tight range around 0.6520. Australia Q2 real GDP growth beat expectations, BBH FX analysts report.

Pound Sterling (GBP) and long-term gilts stabilized after yesterday’s plunge, BBH FX analysts report.

US Dollar (USD) is expected to trade in a range between 7.1300 and 7.1500. In the longer run, the current price movements are likely part of a range trading phase between 7.1200 and 7.1650, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.