Skip to main content
UK Edition

Tuesday, 29 September 2026

Trade News UK

The latest UK news, business, transport and more

Home / Markets

Markets

Gold pulls back from $4,700 as Hormuz hopes cool haven demand

Gold price holds firm during the North American session as buyers fail to surpass the $4,700 level, exacerbating a retracement below a key psychological level, amid mixed US data and rising hopes for an end to the US-Ir…

Forex Today: US Dollar stays on the back foot ahead of PCE

The US Dollar Index (DXY) is hovering below the 99.00 mark as traders squared positions ahead of a heavy Wednesday data slate and Federal Reserve (Fed) Chair Kevin Warsh's Jackson Hole address on Friday. The move was mo…

US ADP Employment Change 4-week average increases to 11.750K

Private-sector hiring in the US has gained some pace in early August. According to the NER Pulse, the weekly companion to the ADP National Employment Report, companies added an average of 11.750K jobs per week in the fo…

British Pound: Range trading outlook against Euro – Rabobank

Rabobank's Senior FX Strategist Jane Foley discusses the British Pound's (GBP) recent performance, noting it is currently the top G10 currency on a 1‑day view but only middling over longer horizons. Foley expects EUR/GB…

Oil: Chinese demand peak shifts market balance – Commerzbank

Commerzbank’s Carsten Fritsch notes that softer-than-expected US sanctions on Iran have added to downward pressure on Oil prices despite severe disruptions to tanker traffic through the Strait of Hormuz. At the same tim…

US Dollar Caught Between Many Fronts

Since 1979, Iran’s revolutionary regime has been the nemesis of eight American Presidents. None could tame its political furies; its covert operations, which killed more than a thousand Americans in Lebanon, Iraq, and A…