Forex

AUD/USD stays flat at 0.6648 after mixed US data and speculations of Fed rate cuts. US ISM Services PMI rises to 53.8, while ADP private hiring misses…

The daily RSI increase denotes a slight uptick in momentum. Signs of bullish fatigue emerge after renewed gains, reinforcing the ongoing consolidation…

Dow Jones cycles 38,700.00 after US labor preview eases. US ISM Services PMI accelerated to multi-month highs. Mixed data hinted enough softness to bolster…

Gold price is gaining 1.18% amid mixed US economic data and lower Treasury yields. US 10-year Treasury yield drops to lowest level since April, following a…

Pound Sterling falls back after strong US ISM Services PMI report The Pound Sterling (GBP) drops from 1.2800 against the US Dollar (USD) in Wednesday’s…

Canadian Dollar loses minor ground against Greenback after BoC rate cut. Canada delivers broadly expected rate trim, but BoC sticks to per meeting outlook.…

USD extends its gains to second day following mixed signals from ADP, ISM Services PMIs. Business activity in the US service sector expanded in May, ISM…

The Mexican Peso recovers on Wednesday after the Mexican Finance Minister gives an interview seeking to calm investor fears.  Rogelio Ramírez de la O says…

Tiff Macklem, Governor of the Bank of Canada (BoC), explains the BoC decision to lower the interest rate by 25 basis points to 4.75% after the June policy…

USD/CHF gains ground near 0.8900 as the USD Index holds key support of 104.00. Weak US ADP Employment has limited the US Dollar’s upside. The SNB is…