Gold price picks up bids to justify the bullish technical formation. US Dollar’s failure to keep late Wednesday’s rebound adds strength to the XAU/USD rebound. US...
AUD/USD drifts into negative territory for the second straight day amid firmer USD. Rebounding US bond yields and a softer risk tone benefit the safe-haven Greenback....
USD/CAD attracts some dip-buying on Monday and is supported by a combination of factors. Retreating oil prices undermine the Loonie and lend support amid modest USD...
UK GDP arrived at 0.1% MoM in November vs. -0.2% expected. GBP/USD keeps its range above 1.2200 on UK GDP positive surprise. The UK Gross Domestic...
USD/CAD attracts fresh buying on Thursday, though the upside potential seems limited. A modest downtick in oil prices undermines the Loonie and lends support to the...
EUR/GBP attracts fresh buying on Tuesday and recovers further from over a two-week low. Dovish BoE expectations weigh on the British Pound and remain supportive of...
Gold price is facing barricades around $1,870.00, upside looks solid amid the volatile US Dollar Index. S&P500 futures have added more gains in Friday’s rally, portraying...
Oil price is displaying a sideways auction after a perpendicular fall. Solid US payroll data is acting as a twin-edged sword for the oil price. Upside...
GBP/USD comes under renewed selling pressure on Thursday amid a pickup in the USD demand. Recession fears weigh on investors’ sentiment and drive some haven flows...
Inflation cooled, but it’s still running hot at over 4.5% core. The Index of Leading Indicators is trending lower and accelerating. The market may rally, but...
WTI crude oil picks up bids to portray a three-day uptrend. US Dollar bears the burden of BOJ-inflicted bond selling. Surprise fall in API inventories, upbeat...
EUR/USD oscillates in a familiar trading range around the 1.0600 mark on Tuesday. The BoJ-inspired rally in the JPY weighs on the USD and lends support...
USD/CAD picks up bids to reverse the week-start losses. The US Dollar benefits from the BOJ-inflicted losses in bond, stock markets. Oil prices weaken amid economic...
AUD/USD holds lower grounds after RBA’s latest Monetary Policy Meeting Minutes. RBA Minutes suggest that policymakers discussed all options, are ready for further rate hikes. Anxiety...
Following the release of the German IFO Business Surveythe institute’s economist Klaus Wohlrabe said that “the German economy sees a silver lining on the horizon.” Additional...
AUD/USD turns lower for the second straight day and is pressured by a combination of factors. The Fed’s hawkish outlook, a pickup in the US bond...
EUR/USD picks up bids to refresh intraday high, reverses pullback from six-month top. ECB-inspired rally battles with the US Dollar’s safe-haven demand. Sluggish markets allow traders...
EUR/USD holds lower ground after welcoming bears on Friday. Economic slowdown fears, EU-Russia tensions join hawkish Fed bets to fuel US Dollar. Light calendar, cautious mood...
AUD/USD is oscillating below 0.6800, more upside seems favored amid the risk appetite theme. The commentary from Janet Yellen that the US could avoid recession has...
AUD/USD remains confined in a range and is influenced by a combination of diverging forces. The subdued USD demand offers some support, though recession fears seem...