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Forex
SP 500: CPI led to profit taking – Is the top In?
Thursday’s trading session brought declines for the stock market, with the S&P 500 index closing 0.88% lower. It was a typical sell-the-news price action…
USD/CAD remains sideways above 1.3600 even though US PPI rise strongly
USD/CAD remains in a tight range above 1.3600 despite US PPI turning out hotter than expected.
Market speculation for Fed rate cuts in September remains…
NZD/USD rises to 0.6120 as firm Fed rate-cut prospects weaken US Dollar
NZD/USD gains to near 0.6120 as the US Dollar faces severe selling pressure.
The US Dollar declines as Fed rate-cut bets soar.
Weak Business NZ PMI boosts…
US Dollar set to close off terrible week in terms of performance
The US Dollar back in red numbers after PPI release.
Markes see pressure building on President Biden with Obama issuing concerns.
The US Dollar index…
Industrial metals see demand wain in China – TDS
Base metals have held strong as stimulus optimism gets baked in, however there’s an increasing level of bearishness on the ground in China, TDS com
Base…
XAU/USD and XAG/USD lose their longs – TDS
Gold (XAU/USD) traded strong Thursday, commodity trading advisors (CTAs) are unwinding a portion of their length. As for Silver (XAG/USD) top Shanghai Futures…
GBP/USD Price Analysis: Soars as bulls set their sights at 1.3000
GBP/USD rises, with eyes on the crucial 1.3000 mark.
Bullish technical outlook continues; RSI suggests potential for more gains, nearing overbought…
US Dollar weakens as CPI reinforces hopes for Fed rate cuts – UBS
The US dollar (USD) came under further pressure after the consumer price index for June showed underlying inflation rising at its slowest pace in three years.…
AUD: Room to appreciate amid sticky core inflation – UBS
The Australian Dollar (AUD) should appreciate against the US Dollar (USD) and the New Zealand Dollar (NZD) amid sticky core inflation, UBS FX strategists note.…
Pound Sterling Price News and Forecast: GBP/USD soars as bulls set their sights at 1.3000
GBP/USD Price Analysis: Soars as bulls set their sights at 1.3000
The Pound Serling rallied sharply against the US Dollar on Friday, up by more than 0.50%…