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GBP/USD Forecast: Pound Digesting Weak Inflation, Greenback Up – Forex Crunch
BySilas WThe pound sterling remains weak amid expectations of a rate cut by the BoE. The dollar maintains stability and its safe-haven appeal amid sticky inflation. Traders look forward to remarks by FOMC members Bowman and Barr for further policy direction. The GBP/USD forecast reflects a mixed scenario on Thursday, with the pound under pressure by…
USD/CHF seems vulnerable near 0.8900 ahead of US Services PMI
BySilas WUSD/CHF is prone to more downside due to firm speculation that the Fed will start lowering rates in September. The next move in the US Dollar will be guided by the US Services PMI data for May. Fears of SNB’s stealth intervention in currency markets have strengthened the Swiss Franc. The USD/CHF pair finds temporary…
Ethereum chops at the bottom of the range as we await a move. The chart is ominous | investingLive
BySilas WEthereum is frozen as the crypto winter continues. And it’s not frozen in a great spot as it carves out a range near the lows of the year. I would have liked to have seen a stronger bounce after the drop since late January but so far it hasn’t materialized. Instead, it’s stuck near $2000…
Deutsche Börse’s Eurex Announces Launch of Futures on the MSCI Korea Index
BySilas WEurex, the derivatives arm of Deutsche Börse Group, has launched USD-denominated futures on the MSCI Korea Net Total Return Index, expanding its global index derivatives suite. Trading commenced on 14 July 2025. The new contracts give international institutional investors access to South Korea’s equity market, now accounting for 10.73% of the MSCI Emerging Markets Index…
Asia FX eases ahead of Trump tariffs; baht slumps as PM faces no-confidence vote
BySilas WAsia FX eases ahead of Trump tariffs; baht slumps as PM faces no-confidence vote Source link
Elliott Wave View: FTSE Should See More Downside – Action Forex
BySilas WShort Term Elliott Wave View in FTSE suggests that cycle from 11.13.2024 low is in progress as a 5 waves impulse. Up from there, wave ((i)) ended at 8388.37 and pullback in wave ((ii)) ended at 8002.34. Wave ((iii)) higher subdivided into another 5 waves in lesser degree. Up from wave ((ii)), wave (i) ended…

