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The Pound flatlines as Treasury yields climb to another high

The odds of an October Fed hike have fallen from about two in three in late September to roughly one in five, and GBP/USD hasn't left the range it has traded in since September 24. Monday's range is entirely inside Frid…

Silver Price Forecast: XAG/USD builds base above $60, eyes $64

Silver (XAG/USD) price drifts higher by over 1.14% on Monday, even as US Treasury yields rise and the Greenback extends its gains by 0.26%, as per the US Dollar Index (DXY). XAG/USD trades at $61.13, after bouncing off …

British Pound slides as France fiscal shock lifts the US Dollar

The Pound Sterling dives by over 0.19% against the US Dollar at the beginning of the week, despite a dip in US services sector activity and elevated US Treasury yields. underpins the Greenback. The GBP/USD trades at 1.3…

Euro Is Wearing France’s Fiscal Bill

Spain has now added another political log to the fire with snap elections scheduled for late November. On its own, Spain probably would not have been enough to knock the euro lower, but markets already have one eye on F…

EUR/CHF Price Forecast: 100-day SMA limits immediate downside

EUR/CHF holds modest losses on Monday as growing fiscal concerns in France weigh on the Euro (EUR). However, the cross has reversed most of its intraday decline as buying interest in the Swiss Franc (CHF) remains limite…

Dollar Index hits an 18-month high on French debt fears

France's government owes close to 120% of what its economy produces in a year. The gap between what France and Germany pay to borrow for 10 years reached about 1.5 percentage points on Friday, the widest since 2011. Eur…

Australian Dollar: Downside limited against US Dollar – UOB

United Overseas Bank (UOB) strategist Quek Ser Leang reports AUD/USD closed at 0.6951 after a brief spike to 0.6976, with intraday price action expected to stay between 0.6930 and 0.6975. He judges the recent weakness f…

Euro: Pressured yet systemic risk contained – DBS

DBS strategist Philip Wee explains that EUR/USD’s four-week decline reflects shifting risk balances, with renewed Federal Reserve (Fed) tightening overshadowing the European Central Bank (ECB) and France’s fiscal issues…

EUR/USD Repriced for Fiscal Woes

France is no longer being treated by markets as an unquestionably "core" European sovereign. The clearest warning is coming from government bonds: investors are demanding a larger premium to lend to France than to Italy…