Tag: Currency markets
Forex Analysis: German Inflation, US Consumer Sentiment, Central Bank Meetings
Investors are keeping a close eye on the financial markets after a volatile day on Monday. The Euro area and Germany's second-quarter Gross Domestic Product (GDP) data are eagerly awaited, along with Germany's July...
USD/INR Strengthens as US Dollar Demand Rises, Powell’s Speech in Focus
The Indian Rupee faced some challenges on Tuesday as it traded in the negative territory during the Asian session. This weakening can be attributed to the increased demand for the US Dollar and the...
Impact of UK General Election on Pound: Expert Analysis and Forecast
On July 4, Britons will be voting in a general election that could potentially end 14 years of Conservative rule. The Labour Party is currently leading in the opinion polls, with Nigel Farage's Reform...
UK Election Turmoil and Mixed Data Weigh on Pound Sterling
The recent data coming out of the United Kingdom has painted a mixed picture of the economy, leading to some turmoil for the Pound Sterling (GBP). According to Scotiabank’s Chief FX Strategist Shaun Osborne,...