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Gold prices edged higher on the first day of a new trading week and recovered a part of the previous session's slide to three-month lows, though lacked any strong bullish conviction.

Here is what you need to know on Monday, November 11:

This week has been a little slow, trade deal speculation and baffling UK election gaffs aside. There’s a lot more economic data to come over the next week, with particular focus it seems on the ...

Analyst at Westpac, points out that the RBA embraced the opportunity of the FOMC’s guidance of a sustained pause in rate-cutting to not only hold its cash rate steady at 0.75% but to make clear that it expects to hold again in December...

The latest European Central Bank (ECB) Economic Bulletin is surprisingly upbeat. The ECB have stated that incoming data and survey results point to moderate but positive growth in the second half of 2019...

Gold edged higher on Wednesday and recovered a part of the overnight sharp fall to three-week lows, albeit seemed struggling to capitalize on the attempted bounce...

In opinion of FX Strategists at UOB Group, EUR/USD could now slip back and test the 1.10 region in the next weeks.

Here is what you need to know on Wednesday, November 6:

OPEC forecasts global oil demand to rise to 103.9 million bpd (mbpd) by 2023 and raised its mid-term outlook for non-OPEC oil supply growth for 2019...

FX Strategists at UOB Group noted further upside in EUR/USD appears to be losing some traction...

Mitul Kotecha, senior emerging markets strategist at TD Securities, suggests that their composite GDP weighted Asia manufacturing PMI measure recorded a renewed slip into contraction in October while the average Asia PMI measure remained in contraction for a fifth straight month...

Analysts at TD Securities point out that Christine Lagarde makes her first speech tonight since taking over as ECB President on the 1st of the month.

Rabobank analysts are expecting the Bank of England to leave the policy rate unchanged at 0.75% on Thursday 7 November...

Here is what you need to know on Monday, November 4:

The upcoming week will focus heavily on incremental trade updates, German economic data, an RBA rate decision, Bank of England policy meeting that comes with updated economic forecasts and the beginning of campaign season for Britain’s first December general election since 1923. While investors are...

The buying interest around the single currency remains well and sound so far this week, with EUR/USD meandering the upper end of the range around 1.1170...

Senior Economist at UOB Group Alvin Liew reviewed the recent FOMC event, where the Committee reduced the FFTR by 25 bps...

Here is what you need to know on Friday, November 1:

EUR/USD keeps the solid pace in the 1.1170 region on Thursday following key releases in Euroland...

According to a Senior Currency Strategist at Westpac – the combination of the FOMC and BoJ meetings really should have supported USD/JPY....

Here is what you need to know on Thursday, October 31:

Today, world markets are keenly awaiting the outcome of the all-important Federal Open Market Committee (FOMC) monetary policy decision for the month of October, which will be...

In opinion of FX Strategists at UOB Group, the upside momentum in EUR/USD could extend to the 1.1180 region....

Here is what you need to know on Wednesday, October 30:

FX Strategists at UOB Group noted the bullish outlook on EUR/USD appears to have lost some momentum despite a test of 1.1180 still remains on the cards...

Rabobank analysts are expecting the Bank of Canada to leave the policy rate unchanged at 1.75% on 30th October...

Here is what you need to know on Tuesday, October 29:

The Danske Bank analysts provide brief insights on the important events of note, scheduled this week...

Gold refreshed daily tops during the early European session, albeit lacked any strong bullish conviction and remained well below three-week tops set on Friday...

EUR/USD is rebounding from recent lows in the 1.1070 region after two consecutive daily pullbacks...

A fascinating week ahead as three major central banks hold monetary policy meetings, with two potentially pulling the trigger on a rate cut. The Fed is the most likely of these with markets pricing in more than a 90% chance of a third consecutive 25 basis point reduction...

Citing a senior European Union (EU) official familiar with the matter, Reuters on Friday reported that the EU was expected to announce a decision, in principle, to extend the Brexit deadline without specifying a date...

Gold edged higher on the last trading day of the week and climbed to fresh two-week tops, around the $1507 region in the last hour...

Danske Bank analysts expect the Federal Reserve will cut rates again by 25bp when it meets next week (announcement Wednesday 19:00 CEST)...

According to Rabobank analysts, Mario Draghi’s final meeting as President of the ECB today should be a relatively uneventful policy-wise...

Here is what you need to know on Thursday, October 24:

Deutsche Bank analysts suggest that the market highlight today comes from the ECB, in what will be President Mario Draghi’s last Governing Council meeting before Christine Lagarde takes over on 1 November...

The European Union Council President Donald Tusk, speaking in the parliament this Tuesday, said that we are ready for all scenarios and will react to Brexit delay request in the coming days...

Analyst at Commerzbank, notes that EUR/USD held steady yesterday and continues to target initially the 200 day ma at 1.1207 and then the top of the channel at 1.1290...

Here is what you need to know on Tuesday, October 22:

In opinion of FX Strategists at UOB Group, the upside momentum in EUR/USD could extend to the 1.1200 neighbourhood in the next weeks...

GBP/USD has topped 1.30 and is trading at the highest levels since mid-May – a five-month high. The pound has extended its gains as the chances for parliament to approve the Brexit deal have improved...

Here is what you need to know on Monday, October 21:

The British pound is near 5-month highs ahead of Saturday’s showdown as the UK parliament is being asked to ratify the deal that PM Johnson and his EU counterparts reached to avoid a hard Brexit on October 31. The odds of ...

The upside momentum in USD/JPY appears to be running out of steam, noted FX Strategists at UOB Group...

Following the recent up move, FX Strategists at UOB Group now expect EUR/USD to advance to 1.1165...

Here is what you need to know on Friday, October 18:

Deutsche Bank analysts point out that we heard from a number of ECB Governing Council members over the last 24 hours with the ECB’s Chief Economist Philip lane advocating fiscal easing...

EUR/USD has quickly climbed to fresh 2-month highs near 1.1140 boosted by news of a Brexit deal...

Ahead of the European session opening on Wednesday, the Bloomberg ran a story confirming that the Brexit talks will continue on Wednesday, citing EU sources, mainly due to the...

FX Strategists at UOB Group see EUR/USD advancing to levels above the 1.1100 handle on a daily close beyond 1.1050...

Here is what you need to know on Wednesday, October 16:

Analyst at ANZ, suggests that for the Chinese economy, the consumer price index (CPI) and the producer price index (PPI) are both important indicators of changes in prices and underlying inflation over time...

The UK labor market report is expected to show that the average weekly earnings, including bonuses, in the three months to August rose by..

A renewed bout of selling pressure around the European currency is now dragging EUR/USD to fresh daily lows in the vicinity of 1.1010...

Following a week that was filled with critical updates with the US-China trade war, markets will now focus on the beginning of earnings season, Brexit negotiations, a wrath of Chinese data that will look to see if GDP growth will test below 6% for the...

The GBP/JPY cross to gain some follow-through traction for the second consecutive session on Thursday and recover further from one-month lows set earlier this week. Bulls, however, struggled to...

EUR/USD has finally broken above the psychologically significant level of 1.10, hitting the highest levels in two weeks. The world's most popular currency pair has been rejected at this level four times in recent weeks...

Reuters reports a European Union (EU) official, as saying that the Eurozone budget can get external financing sources if governments agree that in an intergovernmental agreement (IGA)...

Gold was seen oscillating in a narrow trading band through the early European session on Wednesday and consolidated the overnight goodish move up back closer to weekly tops...

Analysts at TD Securities note that the US Producer prices surprised to the upside in September, with both headline and core prices falling below market expectations at -0.3% and 0.0% MoM, respectively (market: 0.1% headline; 0.2% core)...

EUR/USD has been on the back foot following a risk-off mood stemming from worsening relations between the US and China. Where next? Technicals are pointing to strong support and resistance lines in the immediate vicinity of the...

GBP/USD has been losing some ground amid pessimism about reaching a Brexit deal. However, technical levels are pointing to a higher chance of a move to the upside. The Technical Confluences Indicator is showing that...

Analyst at Commerzbank, notes that EUR/USD pair has maintained its recovery from the base of the weekly channel at 1.0892 currently...

Here is what you need to know on Tuesday, October 8:

Investors trimmed their open interest positions by more than 2K contracts on Friday, while volume shrunk by almost 39K contracts, noted advanced data for JPY futures markets from CME Group....

In opinion of FX Strategists at UOB Group, EUR/USD could attempt a move to 1.10 in the very near term...

Here is what you need to know on Monday, October 7:

The US dollar is sensitive to data misses and even though the ISM services PMI remains in expansion territory, the lower than expected index triggered a sell off of the greenback. The United States is not immune to recession fears even if it ...

125k increase, likely driven by another weak month of service employment growth...

The past week has included global markets being shaken by a collapse in a key US manufacturing survey, the S&P 500 kicking off Q4 by sliding to 5 week lows and of course the RBA rate cut, the AUD remaining above 67 cents is a resilient performance...

The Analysts surveyed by Reuters believe that the Chinese yuan will extend the decline and renewed decade lows, as China will continue to devalue its currency amid lingering US-China trade war risks...

EUR/JPY keeps the bearish view unchanged so far this week, dropping and rebounding from new multi-week lows near 117.20...

Analysts at TD Securities note that the US ADP employment data for September largely met expectations, posting a 135k gain vs. consensus expectations at 140k...

EUR/USD is looking to extend the recovery from recent YTD lows in the 1.0880 region, although strong resistance emerged in the 1.0950/60 band...

Analyst at Commerzbank, suggests that EUR/USD pair has sold off to the base of its one year down channel, currently at 1.0899 and this support is reinforced by its 78.6% retracement of the move 2016-2018 at 1.0814..

The UK manufacturing sector activity contraction unexpectedly slowed in the month of September, the latest survey report from IHS Markit showed this Tuesday. The seasonally adjusted IHS Markit/CIPS UK Purchasing Managers’ Index (PMI) jumped to ...

Chicago Federal Reserve Bank President Charles Evans said on Tuesday, the US monetary policy needed some "repositioning" to align against risks...

In the latest client note, analysts at ING note that despite the recent surge in gold prices, the investment demand for the yellow metal remains intact amid trade war and Mid-East tensions...

Further comments are crossing the wires from the Bank of Japan (BOJ) Governor Kuroda, as he now says that the central bank will conduct policy appropriately without preconceptions while monitoring various risks carefully...

EUR/USD has been on the back foot as the US dollar stormed the board. As it nears the 2019 low of 1.0926, it is time to look at the next downside targets...

The single currency has come under renewed and moderate selling pressure in the middle of the week and is dragging EUR/USD back to the 1.10 neighbourhood...

Analyst at Commerzbank, suggests that GBP/USD pair is consolidating below the mid-July high at 1.2580 and minor support below the 1.2385 September 9 high is found at the 55 day moving average and...

Gold traded with a mild negative bias through the early European session on Wednesday, albeit remained well within the striking distance of near three-week tops set in the previous session...

UK’s Supreme Court is expected to rule on whether or not PM Johnson unlawfully provided advice to the Queen in order to prorogue parliament...

Gold edged higher during the early European session on Tuesday and remained well within the striking distance of over two-week tops set in the previous session...

The single currency debates between gains and losses vs. the Greenback on Tuesday, with EUR/USD still parked around the 1.0990 region.EUR/USD support emerged near 1.0970...

Buying a British company costs 13% less now than before the Brexit referendum in June 2016, according to new data from international law firm Mayer Brown...

Analysts at Rabobank remain sceptical about a major breakthrough in the trade war in the coming months as China would have to change its economic model to address those issues – something that Beijing is not prepared to do..

The selling pressure around the European currency is picking up pace on Monday and is now dragging EUR/USD to fresh daily lows in the sub-1.10 area.EUR/USD weaker on PMIs, looks to Draghi...

Next week will hear from several central bankers, see a handful of rate decisions and see if PM Boris Johnson alters his Brexit strategy after we hear the UK Supreme Court ruling. On Tuesday, politics will be plentiful as UN has several speakers (Trump and Macron)...

Gold edged higher for the second consecutive session on Friday, albeit remained well within a familiar trading range held over the past two weeks or so...

The Australia and New Zealand Banking Group (ANZ) analysts express their thoughts on the Bank of England (BOE) monetary policy decision announced on Thursday...

The Technical Confluences Indicator is showing that EUR/USD has support at 1.1045, which is the convergence of the Fibonacci 38.2% one-week, the Fibonacci 61.8% one-day, the Simple Moving Average 100-1h, the SMA 200-1h, the Bollinger Band 4h-Middle, and the BB one-day Middle...

The USD/JPY pair now seems to have entered a consolidation phase and was seen oscillating in a range just below 1-1/2 month tops, set earlier this Tuesday...

Analysts at TD Securities note that the RBA’s September meeting Minutes were published today and they were a little more downbeat than the Sep statement suggested...

Further range trading within last week’s extremes at 1.0927/1.1109 is to be seen. Only a daily chart close above the...

The pound remains under pressure but manages to recover above the 1.2450 level ahead of the Juncker-Johnson meeting...

The AUD/USD pair quickly reversed the weekly bearish gap opening, albeit struggled to extend the momentum and remained well within a broader trading range held over the past one-week or so.