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Forex
Gold price pulls back on bleak interest-rate outlook
Gold price retreats for the second consecutive day on the back of elevated interest-rate expectations.
Fed policymakers are expressing a reluctance to…
Mexican Peso trades flat as Day of the Data draws near
The Mexican Peso trades flat as traders await a slew of data about the Mexican economy on Thursday.
The Peso witnessed a reversal on Tuesday that could…
China imposes retaliatory measures against 12 US companies and their senior executives
China announced on Wednesday that it will impose countermeasures against 12 American companies and their senior executives, as trade tensions between the…
EUR/USD consolidates around 1.0850 ahead of FOMC minutes
EUR/USD treads cautiously as investors shift focus to the FOMC minutes.
ECB policymakers are divided about continuing the dovish trend beyond the June…
Australian Dollar depreciates, while US Dollar remains steady ahead FOMC Minutes
The Australian Dollar moves back and forth ahead of FOMC Minutes on Wednesday.
RBA Minutes suggested that the board had considered raising rates in May but…
NIFTY 50 (INDIA) indices Elliott Wave technical analysis [Video]
NIFTY 50(INDIA) Elliott Wave Analysis Trading Lounge Day Chart,
NIFTY 50 (INDIA) Elliott Wave technical analysis
Function: Trend.
Mode: Corrective.…
Japanese Yen depreciates due to increased trade deficit, steady US Dollar
The Japanese Yen lost ground after the release of Japan’s Trade Balance on Wednesday.
Japan’s trade deficit increased to JPY 462.5 billion in April, a…
Pound Sterling Price News and Forecast: GBP/USD trades sideways near 1.2710
GBP/USD remains confined above 1.2700 ahead of UK CPI, FOMC Minutes
The GBP/USD pair remains confined around 1.2710 during the early Asian session on…
UK CPI set to grow close to BoE target in April, reinforcing bets of June interest-rate cut
The UK Office for National Statistics will publish the CPI report on Wednesday.
United Kingdom’s headline and core annual inflation are likely to fall…
Gold price trades with mild negative bias ahead of FOMC Minutes
Gold price trades with mild negative bias in Wednesday’s early Asian session.
The cautious approach from Fed officials weighs on precious metals.
Gold…