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Forex
EUR/USD finds support near 1.0650, downside remains favored ahead of Fed policy
EUR/USD finds a temporary support near 1.0650 though dismal market sentiment keeps the downside bias intact.
Uncertainty ahead of the Fed’s policy has…
Pound Sterling remains on backfoot amid caution ahead of Fed policy decision
The Pound Sterling drops below 1.2500 as the US Dollar strengthens ahead of the announcement of the latest Fed policy decision.
In a light economic calendar…
Up to 1000 ticks profits on the short Emini S&P 500 trade [Video]
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Forex Today: US Dollar pushes higher ahead of key US data, Fed policy decisions
Here is what you need to know on Wednesday, May 1:
The US Dollar (USD) preserves its strength on the first trading day of May as investors gear up for key…
ADP Employment Change Preview: US private sector expected to add 179K new jobs in April
The ADP report is expected to show the US private sector added 179K jobs in April.
A tight labour market and sticky inflation support the Fed’s tight…
Silver Price Forecast: XAG/USD rebounds to near $26.50 despite hawkish Fed
Silver price edges higher despite the hawkish sentiment surrounding the Fed.
The prolonged higher interest rates could dampen the demand for non-yielding…
Japanese Yen struggles to gain momentum, eyes on Fed decision
The Japanese Yen continues to be undermined by the divergent BoJ-Fed policy expectations.
Bets that the Fed will keep rates higher for longer, lift the USD,…
Australian Dollar depreciates due to risk-off sentiment ahead of Fed decision
The Australian Dollar extended losses after weaker domestic data this week.
The Australian Industry Index indicated prevailing contractionary conditions in…
Gold Price Forecast: XAU/USD snaps two-day losing streak above $2,280 ahead of Fed rate decision
Gold price trades on a positive note near $2,288 on Wednesday.
The Federal Reserve is widely expected to keep rates steady; Fed’s Powell is anticipated to…
AUD/JPY extends losses after weaker Aussie figures
The Australian Dollar loses ground after the release of the weaker AiG Industry Index on Wednesday.
The Australian Industry Index indicated prevailing…