Forex

USD/CAD edges lower due to a weaker US Dollar amid improved risk appetite. Fed Chair Jerome Powell has anticipated for a sustained decrease in inflation,…

WTI price appreciates due to the potential for supply disruptions amid Canadian wildfires. The API Weekly Crude Oil Stock dropped 3.104 million barrels,…

Short term Elliott Wave in Bank of America (BAC) shows incomplete bullish sequence from 4.16.2024 low. Up from there, wave (1) ended at 38.49. Dips in wave (2)…

The People’s Bank of China (PBOC), China's central bank kept the one-year Medium-term Lending Facility (MLF) rate steady at 2.50% on Wednesday. The PBoC also…

Watch the free-preview video below extracted from the wlgc session before the market open on 14 may 2024 to find out the following: Is the S&P 500 showing signs of a…

GBP/USD takes a breather near 1.2590 in Wednesday’s early Asian session.  The US PPI came in line with expectations, rising by 2.2% YoY in April, compared…

Gold jumps 0.97% after US producer price data shows higher-than-expected inflation. Despite a spike, Treasury yields reversed to 4.445%, weakening Greenback…

GBP/JPY marches higher as markets eat away at “Yentervention” territory. UK labor figures worsened, but not as badly as expected. Japanese GDP growth due…

EUR/USD recovered ground after hesitating early Tuesday. US PPI inflation ticked higher in the near-term, but rate cut bets hold steady. EU GDP growth, US…

Pound Sterling recovers as steady UK wage growth deepens BoE rate-cut uncertainty The Pound Sterling (GBP) discovers strong buying interest near the…