Forex

US Dollar saw severe selling pressure after soft ADP figures from June. Markets boosted their bets for September Fed rate cut. FOMC minutes from the June…

AUD/JPY strengthens its position, touching new peaks beyond 108.00. Overbought conditions could trigger a healthy correction, yet the outlook reveals a…

AUD/USD bulls step in as the pair soars to multi-month highs. May's strong Retail Sales figures from Australia and weak US ADP data are driving the pair.…

Mexican Peso is buoyed, sponsored by weak US data and cautious comments from Chair Powell. Banxico Deputy Governor Heath mirrors Powell’s caution,…

GBP/USD Price Analysis: Surges past 1.2750 as buyers gain momentum The Pound Sterling rallied sharply against the US Dollar following a dismal ISM Services…

EUR/GBP forms a two bar reversal pattern and begins descending.  This follows price filling a gap on the charts – another reversal sign.  The correction…

Natural Gas sets forth its losing streak for a seventh day.  European gas storages are filling up quickly, even with demand picking up.  The US Dollar…

The Mexican Peso trades higher in its key pairs on the back of a posiitve shift in market sentiment. USD/MXN is impacted by a perceived change in stance…

Initial Jobless Claims rose by 238K vs. the previous week. Continuing Jobless Claims increased by nearly 1.850M. US citizens that applied for unemployment…

AUD/USD trades sideways below 0.6700 for more than two weeks. The RBA could tighten its monetary policy further as disinflation appears to have reversed.…