Forex

US Dollar, observed a fall reaching the lowest value since March. Federal Reserve bets continue to lean in favour of a dovish stance, consequently impacting…

GBP/USD breaches 1.3000 for the first time since July 2023. RSI indicates strong bullish momentum, with potential targets at 1.3050 and 1.3100. Key…

Downside pressures for Crude oil continue to grow as physical demand trends continue to deteriorate. Crude prices may be on the cusp of a breakdown, TD…

The Mexican Peso is trading lower against its main counterparts amid data releases and changing interest rate expectations.  MXN is weakening against the…

NZD/USD rises to 0.6100 as US Dollar weakens due to strong speculation for Fed rate cuts in September. The New Zealand Dollar strengthens despite cooling…

USD/JPY is rapidly selling off and is now probably in a downtrend on a short and medium-term basis.  The pair will probably continue declining to targets in…

EUR/USD moves higher to near 1.0950 as investors see a Fed rate cut in September as a done deal. Better-than-expected US Retail Sales report fails to…

Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $30.90 per troy ounce, down 1.14% from the $31.25 it cost on…

Gold is rising as expectations firm of falling interest rates in the US – a positive for the precious metal.  Fed’s Adriana Kugler says a combination of…

The Euro (EUR) is expected to trade in a 1.0875/1.0915 range. Upward momentum is slowing; it remains to be seen if EUR can rise further to 1.0940, UOB Group FX…