Share: GBP/USD continues its downward trend, dropping 0.16% despite the UK GDP narrowly avoiding a contraction in Q3. The Bank of England’s cautious stance mirrors the...
Share: AUD/USD declined 0.12% for the day, marking a significant weekly drop from 0.6522 to 0.6338. The RBA’s 25 bps rate hike under new Governor Michele...
Share: USD/JPY extends its rally for the fifth day, flirting with the 151.00 level, driven by rising US Treasury yields and Fed Chair Powell’s inflation concerns....
Share: The New Zealand Dollar declines across the board on Friday. Kiwi weakness comes from a combination of a negative global growth outlook and US Dollar...
Share: EUR/USD retreats from 1.0725, as Fed Chair Powell’s comments and higher bond yields strengthen the US Dollar. Powell’s hawkish shift, emphasizing the need for potentially...
Share: EUR/GBP reaches a weekly peak, trading at 0.8711, buoyed by concerns over the UK’s economic stagnation and potential stagflation. UK GDP forecasts indicate a possible...
Share: EUR/USD trades at 1.0696, down by 0.20%, as negative sentiment surrounding the Eurozone’s economic outlook weighs on the Euro. Disappointing industrial production in Germany stokes...
Share: AUD/USD sees a halt in its rally in anticipation of the RBA’s potential rate hike. Major Australian banks forecasting an increase from 4.10% to 4.35%....
Share: The Japanese Yen weakens on Monday as the market mood turns upbeat. The BoJ gives mixed signals, saying it is normalizing on the one hand...
Share: Silver prices rebounded sharply, trading at $23.17, buoyed by a softer U.S. labor market report. October’s Nonfarm Payrolls and cooling wage growth hint at a...
Share: EUR/USD rallies amid a softer US labor market, with Nonfarm Payrolls missing the 180K target. Speculation grows for Fed rate cuts in H2 2024 as...
Share: USD/JPY at risk of sliding to 150.00 handle, with losses of 0.39% as US Treasury bond yields drop. Market participants expect Fed to hold rates...
Share: Softer-than-expected US economic data weakens USD, propelling NZD/USD to trade at 0.5838. Mixed US labor market signals and recessionary manufacturing activity create an upbeat sentiment...
Share: EUR/GBP falls from a 5-month high of 0.8754, currently trading at 0.8705. Eurozone inflation drops to 2.9% in October, while GDP for Q3 misses forecasts,...
Share: AUD/USD drops more than 0.80%, trading at 0.6328 after hitting a daily high of 0.6376. US employment costs rise by 1.1%, above estimates, and Consumer...
Share: Gold price falls to $1997.60, down 0.42%, after reaching a daily high of $2006.77. Geopolitical risks, particularly the Middle East conflict, continue to drive gold...
Share: GBP/USD sheds 0.12%, reversing from 1.2163 to 1.2112, as the Middle East conflict escalates. Gold prices surge past $2,000, reflecting heightened market volatility and risk-off...
Share: EUR/JPY trades at 158.06, down 0.48%, as BoJ normalization speculations gain traction. Escalating Middle East conflict bolsters safe-haven assets, including the Japanese Yen. ECB’s decision...
Share: USD/JPY drops from daily high of 150.41 to 149.70s, down 0.40%, amid strengthening Yen. US core PCE for September at 3.7% YoY, with general inflation...
Share: AUD/USD recovers from 0.6318 to trade around 0.6330s, up 0.22%. US core PCE at 3.7% YoY, below August’s data, with general inflation at 3.4%, in...