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Forex
S&P 500: Mixed expectations following yesterday’s retreat
Thursday’s trading session brought more volatility for the stock market, with the S&P 500 index reaching a new record high of 5,505.53 but closing 0.25%…
Silver Price Forecast: XAG/USD tumbles to $30.30 as US Dollar remains firm ahead of US PMI
Silver price declines to $30.30 amid firm US Dollar.
Investors await the preliminary US S&P Global PMI report for June.
The Fed is expected to cut…
Mexican Peso continues rallying after Sheinbaum names cabinet
The Mexican Peso finds support after investors welcome incoming-President Sheinbaum’s cabinet picks.
Marcelo Luis Ebrard Casaubón will take the Economy…
US Dollar banks gains after PMI release
The US Dollar trades higher for the week after US PMI's outpace European PMI's.
Markets see Greenback testing 159 in USD/JPY.
The US Dollar index trades…
Euro left to test key support again at 1.0675 – Scotiabank
EUR/USD dipped to retest the mid-June low at 1.0675 earlier after preliminary Eurozone PMI data reports reflected an unexpected softening in activity,…
USD/CAD Price Analysis: Extends its upside on unexpectedly robust preliminary US PMI growth
USD/CAD bounces back strongly after upbeat US preliminary S&P Global PMI report for June.
Canadian Retail Sales grew expectedly by 0.7%.
The Fed is…
GBP/USD Price Analysis: Extends losses and approaches 1.2600
GBP/USD remains heavy as BoE delivers ‘dovish’ hold.
UK Retail Sales crushed estimates, but PMIs were softer.
Tested 50-DMA, bounced but remains above…
Base metals slide across the complex – TDS
Our gauge of commodity demand continues to weaken amid a precarious global macro landscape, TD Securities analysts note.
Base metal complex shifts lower
“Our…
USD/CHF Price Analysis: Potentially starting a new uptrend
USD/CHF might be beginning a new short-term uptrend.
The evidence is building and includes a break above the last lower high, a trendline and the 50 Simple…
Precious metals hold gains across the complex – TDS
Precious metals have held gains despite the uncertainty surrounding Federal Reserve (Fed) policy. Top traders on the Shanghai Futures Exchange (SHFE) continue…