Forex

NZD/USD jumps to 0.6815 after downbeat US ISM Manufacturing PMI report. Weak factory activity report dents the US Dollar’s appeal. The RBNZ is less likely…

GBP/JPY pulls back after retouching multi-year highs.  The trend is bullish so the pull back is not expected to last before the uptrend resumes. …

Gold spiked to a high of $2,359 on Friday after US PCE inflation data undershot expectations, suggesting interest rates might fall.  Gold rolls over and…

India’s Nifty closed over 3% higher on Monday, just below fresh all-time highs. Exit polls predict a stronger return for the PM Modi-led BJP government.…

Oil steadies near $77.00, looking for direction after Sunday’s OPEC+ meeting.  OPEC+ meeting sets the tone for more downside after the summer season…

The Mexican Peso weakens after the news that Claudia Sheinbaum has won the Mexican presidential election.  Sheinbaum is likely to be more “disciplined” than…

Silver prices (XAG/USD) fell on Monday, according to FXStreet data. Silver trades at $30.25 per troy ounce, down 0.53% from the $30.41 it cost on Friday.…

Here is what you need to know on Monday, June 3: Following the previous week's choppy action, financial markets remain subdued on the first trading day of…

USD/CHF weakens to 0.9020 in Monday’s early European session.  Traders raised their bets on the Fed rate in September after the recent US PCE data for…

The EUR/USD pair could retest the upper boundary of the ascending triangle, followed by a key level of 1.0900. Based on a technical analysis of the daily…