Forex

The daily RSI of the EUR/JPY transitioned from its overbought threshold to near 60. In the hourly chart, the RSI reveals intense short-term bearish…

Gold retreats modestly amid mixed signals from the US economy and an improvement in risk appetite. Recent US GDP figures fell short of expectations, while…

Dow Jones climbed 0.4% as equities lean bullish to kick off the trading week. A late-day pullback on increased US borrowing crimped equity gains. Fed rate…

Canadian Dollar eases against broader market. Canada absent from economic calendar on Monday. Canadian GDP slated for Tuesday ahead of key US labor…

Mexican Peso gains over 0.7%, capitalizing on US Dollar pullback triggered by Japanese intervention in Forex markets. Mexico's economic agenda is light…

DXY Index is noting losses at the start of the week, declining toward 105.70. Resilient US economy, hawkish Fed are likely to keep pressure on yields, which…

AUD/USD is in a short-term uptrend that is extending. The pair is pulling back within a rising channel.  It will probably find support at the lower channel…

Gold price edges lower on the back of persistent inflation concerns as data shows stubborn inflation in both Europe and America.  The precious metal has…

EUR/USD struggles to hold gains above 1.0700 amid uncertainty ahead of key economic events. The ECB seems poised to start reducing key borrowing rates in…

The US Dollar slides in Monday’s Asian session to broadly recover later in the European start. Traders are trying to keep their powder dry for the Federal…