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US Dollar has continued to buck seasonal depreciating trends thanks to a still-high short-term swap rate. We expect a wait-and-see approach today ahead of the last key central bank events of the year...
Gold moves sideways ahead of the US interest rate decision Gold (XAU/USD) held above the $2,650 support level on Monday ahead of the Federal Reserve (Fed) interest rate decision as market...
Dollar slightly softer as Fed decision looms with focus on dot plot. Euro and pound firmer on stronger services PMIs. Bitcoin soars on bets of bitcoin strategic reserve. Dollar and Yields Ease From...
Gold Prices Retreat Slightly, but Bullish Sentiment Prevails Gold (XAU/USD) price dropped by 1.2% on Friday after hitting a five-week high the day before. Despite the decline, prices are still set to...
The euro corrected upwards, and the EUR/USD pair rose during today's European trading session after a 5-day decline the day before. Thus, by the start of today's American trading session, the price...
EUR/USD: No Light at the End of the Tunnel EUR/USD is down by 4.78% year-to-date and has been stuck in a range since the ECB signaled the end of its rate hike cycle more than a year ago. Despite a...
The US dollar is largely holding onto gains as this week’s US inflation data has come in on the firm side and kept USD rates supported. EUR/USD bears have also survived the ECB test, where Christine...
Mixed Economic Data and Potential Easing in the Middle East Weigh on Gold Due to mixed economic data, Gold (XAU/USD) dropped from $2,720 towards $2,680 and finished the day with a 1.38% decline. The...
The ECB implemented a 25bps rate cut, with some policymakers favoring a larger 50bps cut, and signaled potential for further cuts in the upcoming meetings. The BoE is expected to hold rates at its...
Note: PPI Positive Today! Forex Strategy is Bearish: We are currently @ 159.99 after a double top. If we get the breakdown here, we are looking for a continuation to the ATR target @ 158.87 area and...
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