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Forex
Pound Sterling recovery stalls amid firm speculation for early BoE rate cuts
The Pound Sterling struggles to hold recovery, driven by the upbeat preliminary S&P Global/CIPS PMI report for April.
Investors speculate that the BoE…
EUR/GBP Price Analysis: Downmove reaches critical support level
EUR/GBP price has fallen to support from the top of a multi-month range at 0.8590.
Despite bearish signs the pair could yet rally as the short-term trend…
EUR/USD comes off its highs despite Strong IFO data
EUR/USD climbs above the key 1.0700 psychological level early on Wednesday but then pares gains.
Weaker-than-expected US PMI data on Tuesday undermined the…
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $27.23 per troy ounce, down 0.29% from the $27.31 it cost on Tuesday.…
USD/CAD sticks to modest recovery gains, remains below 1.3700 ahead of US data
USD/CAD rebounds from a two-week low and draws support from a combination of factors.
Weaker Oil prices undermine the Loonie and act as a tailwind amid…
EUR/JPY sets to capture 166.00 on Japanese Yen’s persistent underperformance
EUR/JPY eyes more upside amid uncertainty over BoJ’s neat rate hike.
Japan Ochi expects that an intervention is possible if the Yen slides further to 160 or…
Dead cat bounce or new high? [Video]
The 2 telltale signs to anticipate and confirm the current correction How to confirm the technical rebound and the target for the S&P 500 Why this market correction is…
Forex Today: US Dollar consolidates losses ahead of mid-tier data
Here is what you need to know on Wednesday, April 24:
After weakening against its major rivals in the American session on Tuesday, the US Dollar (USD) seems…
FX option expiries for Apr 24 NY cut
FX option expiries for Apr 24 NY cut at 10:00 Eastern Time, via DTCC, can be found below
- EUR/USD: EUR amounts
1.0550 565m
1.0575 400m
1.0600 440m…
USD/INR recovers amid firmer US Dollar, hawkish Fed stance
Indian Rupee trades on a softer note on Wednesday on USD demand.
The positive outlook for the Indian economy might support the INR and cap the pair’s…