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Forex
Gold Price Forecast: XAU/USD holds below $2,300, Fedspeak eyed
Gold price trades on a softer note near $2,295 on Monday.
The Nonfarm Payrolls arrived at 175K in April vs. 315K rise prior, weaker than expected.
Fed’s…
AUD/USD extends its upside above 0.6600, eyes on RBA rate decision
AUD/USD holds positive ground near 0.6610 in Monday’s early Asian session.
The US Nonfarm Payrolls (NFP) came in weaker than expected in April, along with…
Forecasting the Coming Week: Fedspeak and the BoE meeting come to the fore
Another dreadful week for the Greenback saw the USD Index (DXY) tumble to three-week lows well south of the 105.00 support, mainly in response to the dovish…
Fed’s Bowman: Still sees upside inflation risks, willing to raise rates if progress stalls
Federal Reserve (Fed) Board of Governors member Michelle W. Bowman cautioned that there is a real risk that inflation could remain elevated for much longer…
EUR/JPY Price Analysis: Bearish indications dominate and sellers consolidate below the 20-day SMA
The daily RSI and MACD reflect a negative trend, hinting at increasing selling pressure.
Hourly chart indicators echo the bearish sentiment, with RSI around…
USD/JPY Price Analysis: Bears charge helped by intervention rumors, eye 152.00
USD/JPY drops 0.49%, extending a downtrend possibly sparked by earlier BoJ intervention.
Bearish harami pattern observed; recovery contingent on breaking…
GBP/JPY flounders near 192.00 after suspected BoJ interventions flatten markets
GBP/JPY lethargic near 192.00 handle.
Overactive BoJ financing reports tips hat towards FX intervention.
Coming up next week: BoE rate call, UK GDP.…
USD/NOK dives on weak NFP figures from April
US NFP increased by 175K in April, below expectations of 243K, following March’s revised increase of 315K.
Unemployment rose slightly to 3.9% while wage…
Mexican Peso advances after US Nonfarm Payrolls disappointment
Mexican Peso gains, with USD/MXN falling below 17.00, reflecting a 0.11% decrease after disappointing US labor reports.
Mexico's Gross Fixed Investment…
Silver Price Analysis: XAG/USD test key resistance levels amid uptrends
Silver dips to $26.54, down 0.43%; 'dragonfly doji' hints at possible uptrend.
Finds support at 61.8% Fibonacci level ($26.41); crossing $27.00 could boost…