Forex

GBP/USD trades with a mild positive bias around 1.2525 amid the weaker USD on Friday.  The BoE kept rates unchanged at 5.25% and opened the door to a rate…

EUR/USD climbs into positive territory for the week. Rate cut bets increase on rising US unemployment claims. US consumer sentiment due on Friday.…

USD/CHF falls 0.16%, trading below 0.9100 due to broader US dollar weakness. Technicals show neutral to upward bias; recent bearish RSI indicates loss of…

Mary C. Daly, President of the Federal Reserve (Fed) Bank of San Francisco, highlighted the uncertainty facing the Fed while participating in a fireside chat…

Gold rebounds above $2,330, fueled by drop in US Treasury yields, weaker Greenback. Unemployment claims increase, which pressures Fed to achieve its dual…

GBP/JPY holding above 194.50 as markets continue to sell Yen. BoE still stands pat on interest rates, but officials are slowly changing camps. Trading week…

The daily chart reveals the RSI steady in positive zone, showing consistent bullish momentum. On the hourly chart, RSI and MACD persist in positive…

Canadian Dollar propped up by broad-market, risk-on sentiment. Canada has a resilient financial system, says BoC Macklem. Canadian labor numbers slated to…

Mexican Peso strengthens as the USD/MXN drops 0.21%, following April’s hot inflation report Consumer Price Index data shows prices remain above Banxico’s…

S&P 500 withstood the rising yields (I warned yesterday these were to turn up, and they still do), and reacted with relief to the 10y Treasury auction…