The two-year EUR:USD swap rate continued to widen in favour of the dollar yesterday, and is now around -110bp, some 25bp below the -85bp mid-September levels, ING’s...
Fed Chair Jerome Powell explicitly pushed back against a 50bp rate cut by year-end, and Israel started a ground offensive in Lebanon. In other conditions, the...
Gold prices fall for the second consecutive day, down 0.6%, despite falling US Treasury yields and rising geopolitical risks. The US Dollar Index rises as Fed...
Mexican Peso strengthens to 19.60 against the Greenback, supported by anticipation ahead of Claudia Sheinbaum’s October 1 inauguration. Business Confidence for September, expected on October 2,...
GBP/USD Price Forecast: Steadies below 1.3400 after strong UK data The Pound Sterling held to gains against the Greenback during the North American session and edged...
GBP/USD rises, supported by solid UK GDP figures, but fails to sustain above 1.3400. Momentum favors upside, with RSI in bullish territory; resistance stands at 1.3400,...
The Pound Sterling’s recent strength has partly relied on the ‘no news is good news’ narrative, as quiet calendars allowed markets to look elsewhere for easing...
French and Spanish inflation figures surprised on the downside on Friday, coming in at 1.2% and 1.5% respectively. That is helping explain the euro’s muted reaction...
The Mexican Peso modulates between weak gains and losses on Monday. The week ahead promises to be busy for traders of the Peso’s key counterparts, given...
GBP/USD Price Forecast: Drops from yearly peak amid soft US Dollar The Pound Sterling registered minuscule losses against the Greenback, yet it remains close to two-year peak...
In our previous update from two weeks ago, when the NASDAQ100 (NDX) was trading at $19000, we found that “contingent on holding above last week’s low,...
XAG/USD drops over 1% to $31.60 after reaching a yearly high of $32.71 earlier in the week. Failure to close above $31.75 could see Silver trading...
The NZD/USD climbed to fresh highs since December. The RSI stands deep in positive area and the MACD shows rising green bars supporting an overall bullish...
XAU/USD drops to $2,646 after September inflation data suggests progress toward the Fed’s 2% target. US 10-year Treasury yield falls five basis points, while the US...
EUR/GBP appears to have stalled after pulling back higher from the September 24 lows. The pair may be resuming its downtrend and could break lower. EUR/GBP...
GBP/USD trades at 1.3403, down 0.08%, close to its two-year peak. Momentum fades with potential negative divergence, but a break above 1.3437 could target 1.3450 and...
The EUR/GBP pair traded sideways on Friday, clearing daily gains and stabilizing at 0.8335. The RSI and MACD suggest that selling pressure is steady but continues...
AUD/USD breaks out of the top of a range and rallies. It has reached an initial bullish target and there is a risk it could soon...
Gold retreats at the end of the week as the effect of Chinese stimulus fades and global central banks adopt a more cautious stance. Stronger US...
The Mexican Peso seesaws between tepid gains and losses following the Bank of Mexico (Banxico) meeting. The bank decided to cut interest rates by 25 bps...