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US retail sales on the agenda today, but Fed rate cut looks secure. Dow Jones experiences its longest negative daily streak since 2018. Government crisis in Canada; Loonie could get a respite from...
GBP/USD traders face a critical week as central bank decisions could jolt the pair out of its range. Inflation data and GDP reports add another layer of intrigue, setting the stage for potential...
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...
The GBP/USD has moved higher on Monday, after declining 1% last week. In the European session, GBP/USD is trading at 1.2747, up 0.30% on the day. UK Services Improves, Manufacturing Slips The UK...
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...
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 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...
GBP/USD remains in negative area But holds beyond the downtrend line RSI and MACD give some optimistic views GBP/USD is experiencing a new bullish attempt to remain above the short-term descending...
A week that saw a lot of choppy price action as markets awaited the US jobs report on Friday. A stellar jobs print of 227k and a slight uptick in the unemployment rate to 4.2% appear to have sealed a...
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