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Forex
ECB’s Lagarde: Still a long way to go on defeating inflation
European Central Bank President Christine Lagarde noted on Friday that despite recent progress, the ECB still has plenty of work ahead of it. According to the…
EUR/JPY Price Analysis: Bulls fight to hold the 20-day SMA, bears steady
The daily RSI records a balanced reading at 50, while the MACD bears a bearish crossover.
The pair stabilize near the 20-day SMA, with buyers trying to…
Canadian Dollar climbs on hot Friday, but Greenback hotter after scorching NFP
Canadian Dollar tumbles -0.65% against US Dollar on Friday.
Canada added more jobs than expected but is eclipsed by US NFP.
Bumper job additions and rising…
Dow Jones Industrial Average tries to climb, but slumps to end Friday down after NFP surge
Dow Jones grinds into the middle as investors fail to shrug off declining rate cut bets.
The US added 272K net new jobs in May.
US wages also climbed…
EUR/USD pivots into a loss-making week after US NFP bolsters Greenback
EUR/USD tumbled into 1.0800 once again, trimming the week’s earlier gains.
US NFP figures came in much higher than expected.
ECB rate cut unlikely to be…
AUD/JPY Price Analysis: Consolidation phase continues, bearish pressure observed
Daily chart indicators reveal a neutral period for the pair; RSI stands at 49, showcasing no strong directional bias.
Signs of a bearish takeover are…
Mexican Peso collapses as President AMLO insists on controversial reforms
Mexican Peso collapsed to 18.40 against USD after AMLO's remarks on judicial and transparency reforms.
AMLO’s comments on judicial reform and dissolution…
NZD/JPY Price Analysis: Cross dips towards 20-day SMA, sellers strengthen
Kiwi's grip loosens against the Yen on Friday, moving towards the 20-day SMA.
The cross cruises through a consolidation phase while the stance of the bear…
Gold dives to new monthly lows following strong US employment data
Gold falls to multi-week low after US labor market data exceeds expectations.
China’s People’s Bank halts 18-month Gold buying spree, exerts downward…
Pound Sterling Price News and Forecast: GBP/USD skates on thin ice near 1.2800 with focus on US NFP
Pound Sterling skates on thin ice near 1.2800 with focus on US NFP
The Pound Sterling (GBP) consolidates in a tight range near 1.2800 against the US Dollar…