AUD/JPY extends its decline, falling sharply and breaking below the 20-day SMA. RSI remains in negative territory, reflecting intensifying bearish momentum. MACD histogram prints rising red...
Silver retreats to $32.54 after failing to hold above key $33.00 level. RSI signals mixed momentum, with downside risks if $32.00 support breaks. Next resistance at...
Mexico’s Q4 GDP contracts for the first time since 2021. Banxico slashes 2025 growth outlook to 0.6%, well below Finance Ministry projections. US data mixed: Manufacturing...
Gold touches all-time high of $2,954 amid trade policy uncertainty. Trump expands tariffs to lumber and soft commodities, adding market jitters. US data mixed: Manufacturing PMI...
European natural gas and power prices have dropped back over the past week despite a cold spell adding to heating demand in Northern Europe, Danske Bank’s...
The Canadian Dollar (CAD) is a very moderate loser on the day, down a little more than 0.1%. The CAD continues to track the broader trend...
The US Dollar (USD) is trading higher on the day overall, with yesterday’s big winner, the JPY, this morning’s big loser after Japan’s January headline CPI...
UnitedHealth Group stock slides hard as DOJ opens investigation. Government probe involves possible fraudulent overcharging of Medicare Advantage plans. UNH stock slides as low as 438.50, a...
UK Retail Sales beat expectations, rising 1.7% MoM in January. US S&P Global Services PMI drops into contraction, dragging Composite index lower. Traders price in fewer...
EUR/USD slips 0.22% to 1.0450 on Friday, reversing after testing the 100-day SMA. RSI drops sharply to 55, signaling weakening bullish momentum near the midpoint. MACD...
Preliminary Eurozone PMI data for February were mixed to slightly softer, weighing on the EUR somewhat in European trade, Scotiabank’s Chief FX Strategist Shaun Osborne notes....
UK Retail Sales rose a solid 2.1% in January, well ahead of expectations, after run of soft data in Q4, Scotiabank’s Chief FX Strategist Shaun Osborne...
The Japanese Yen (JPY) has had a stellar week, ING’s FX analysts Francesco Pesole notes. JPY remains broadly attractive in the crosses “Along with the combined...
USD/JPY fell to a low of 149.29 this morning before rebounding to above 150 on Governor Ueda’s comments. Markets were looking out for clues from Ueda...
Impulsive momentum could push Pound Sterling (GBP) higher vs US Dollar (USD); overbought conditions suggest 1.2730 could be just out of reach for now. In the...
EUR/USD could lose ground amid a potential bearish reversal as the pair trading within a rising wedge pattern. The downward correction would be indicated if the...
USD/CAD dips as traders digest Fed minutes, signaling cautious stance on rate cuts. Trump’s new tariffs on Canadian lumber add fresh trade uncertainty. Markets eye Canadian...
Mexican Peso appreciates, shrugging off dovish Banxico stance, weaker economic outlook. Mexico’s December Retail Sales exceed estimates but slow from prior month. Banxico minutes reaffirm dovish...
EUR/USD rises to 1.0440 on Thursday, reversing losses after a three-day decline. The pair rebounded strongly off the 20-day SMA, gaining over 0.40% of its intra-week...
GBP/USD climbs as soft US jobless claims data weakens the Greenback. UK inflation above 3% reduces the odds of aggressive BoE rate cuts. Traders eye Fed...