Share: USD/CAD drifts lower during the Asian session on Friday amid a modest USD weakness. A combination of factors warrants some caution before positioning for any...
Share: EUR/USD stages a modest recovery from a three-month trough touched on Thursday. Retreating US bond yields prompts some USD profit-taking and remains supportive. The fundamental...
Share: Gold price appeal even worsens as the US labor market is turning resilient again. The US economy remains resilient while other nations are going through the...
Share: Analysts at Wells Fargo have moved up the commencement of interest rate cuts from the Federal Reserve from May 2024 to March. They look for...
Share: Gold Price portrays corrective bounce at one-week low amid lackluster markets. Broad US Dollar strength, risk aversion prod XAU/USD rebound from key support confluence. Hawkish...
Share: EUR/USD fades bounce off three-month low, renews intraday bottom of late. Divergence between Eurozone and US data joins stark difference of ECB vs. Fed talks...
Share: USD/CNH remains firmer at two-week high despite upbeat Imports, Exports as Trade Balance deteriorates. Broad US Dollar strength, fears surrounding China economic growth propel offshore...
Share: USD/JPY refreshes YTD peak during the Asian session, albeit lacks follow-through buying. The USD stands tall near a six-month top amid more Fed rate hike...
Share: Gold Price pares recent losses at weekly low after five-day losing streak. XAU/USD bears the burden of strong US Dollar, China woes. Mostly upbeat United...
Share: According to Federal Reserve’s Beige Book, economic growth was modest during July and August. It added that job growth was subdued. “Most Districts reported price...
Share: In a prepared speech delivered on Wednesday, “the risk of inflation staying higher for longer must now be weighed against the risk that an overly restrictive...
Share: Gold price extends a two-day losing spell as investors channel funds into the US Dollar. US recession fears recede sharply due to cooling inflationary pressures...
Share: USD/TRY picks up bids to refresh two-week high, consolidating late August slump. US Dollar Index (DXY) retreats from multi-day high amid market’s preparations for this...
Share: AUD/USD stages a modest recovery from the YTD trough, albeit lacks follow-through. A slightly better Australian GDP lends support to the pair amid subdued USD...
Share: Gold price hits a four-day low as the US Dollar strengthens. US wage growth slows as workers become more reluctant to switch jobs frequently. Hopes...
Share: EUR/USD fades week-start rebound as full markets return. ECB’s Lagarde, Bundesbank President Nagel fail to impress policy hawks despite defending restrictive measures. Mixed concerns about...
Share: US Dollar Index remains dicey after a downbeat start to the week that snapped two-day winning streak. Mixed US data, unimpressive Fed talks confirms September...
Share: Gold Price fades bullish bias as full markets return after long weekend in the United States. Mixed sentiment about China, Federal Reserve prod XAU/USD buyers....
Share: Silver price corrects further as the US Dollar remains firm due to stable job growth. Fed Mester that demand and supply in the labor market...
Share: Gold price juggles below the $1,950.00 resistance as the focus shifts to the US Services PMI. US markets will remain closed on Monday on account...