Forex

The Euro (EUR) is likely to trade in a range, probably between 1.0845 and 1.0900. EUR is expected to continue to rise, but it might take a while before 1.0915…

Gold-backed exchange-traded funds (ETFs) reported net inflows of gold for the second straight month in June. With European funds leading the way, net gold…

The Indian Rupee weakens in Friday’s early European session. The renewed demand for US Dollar and recovery of crude oil prices undermine the INR.  India’s…

Introduction Our Elliott Wave analysis for the Australian Stock Exchange (ASX) highlights the WESTPAC BANKING CORPORATION (WBC). We anticipate that WBC is…

Gold price drifts lower and reverses a part of Thursday’s softer US CPI-inspired positive move. An uptick in the US bond yields revives the USD demand and…

WTI price receives support as easing inflation data has heightened expectations of a Fed rate cut in September. The US Consumer Price Index declined by 0.1%…

The Australian Dollar declines possibly due to risk aversion on Friday. The AUD may limit its downside due to rising expectations of the RBA maintaining a…

USD/JPY gains ground around 159.10 in Friday’s early Asian session, up 0.19% on the day.  Traders raised their bets on Fed rate cuts in September after the…

USD/CAD weakens around 1.3630 in Friday’s early Asian session.  The softer US June inflation readings increased Fed rate cut bets.  The recovery of crude…

NZD/JPY ended Thursday's session with a significant decline. The bears successfully pushed the pair below the crucial 20-day SMA, signaling a shift in…