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Wednesday, 14 October 2026

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Economy

Pound gains as Fed's Williams sees no 2027 hike

Despite Tuesday's gain, GBP/USD is in its third straight week of trading between roughly 1.3200 and 1.3300, a range it has held since September 24. It climbed in steps from just above 1.3200 to a high just under 1.3260 …

Gold declines to near $4,150 ahead of US CPI inflation data

Gold price (XAU/USD) drifts lower to near $4,155 during the early Asian session on Wednesday. The precious metal extends the decline as rising oil prices fuel inflation concerns and prompt major central banks to tighten…

Royal Mail losing 400 postal workers a week, says union

About 400 postmen and women are leaving Royal Mail per week, according to the Communication Workers Union (CWU), who claims this number has gone up since the company introduced a new delivery system earlier this year.

Gold slides on US yields surge ahead of CPI

Gold price (XAU/USD) extends its losses on Tuesday as US Treasury yields resumed their uptrend, erasing previous losses, even though the US Dollar faces headwinds ahead of the release of US inflation data. At the time o…

EUR/USD Price Forecast: RSI signals stretched selling pressure

EUR/USD trades on the front foot on Tuesday as a pullback in the US Dollar (USD) lifts the Euro (EUR). Despite the modest recovery, the pair remains near 17-month lows as fiscal and political concerns in France weigh on…

Fed’s Williams sees one final 2026 rate hike, none in 2027

On Tuesday, New York Federal Reserve (Fed) President John Williams, a voter on the Federal Open Market Committee (FOMC), said he believes “disinflationary forces are at play,” and added that “one more interest-rate hike…

Forex Today: US inflation comes to the fore

Fresh downside pressure has weighed on the US Dollar (USD) on Tuesday, prompting it to recede from Monday’s fresh highs. The Greenback’s correction comes amid declining crude oil prices and mixed US Treasury yields as i…

GBP/USD Rate Support Faces a Growing UK Gilt Market Risk

As anticipated in our last global economic outlook, elections around the world have driven notable policy changes that altered the trajectories of inflation, borrowing costs, currency values, and trade and capital flows…

Euro: Lower year-end target at 1.13 against US Dollar – ING

ING’s Francesco Pesole writes that EUR/USD is moderately undervalued versus short-term fundamentals, reflecting a persistent France-related risk premium that could widen if French bonds sell off further. He sees a chall…

Philip R. Lane: The AI opportunity for Europe

AI is a general purpose technology that can improve global living standards and the global knowledge frontier by expanding access to information and raising productivity.