Forex

EUR/USD trades flat near 1.0735 amid the firmer US Dollar in Friday’s early Asian session.  The political uncertainty in Europe and the ECB’s rate cuts…

USD/CHF holds near 0.8939, minimal losses despite weaker US producer inflation data. Technical outlook: Pair remains neutral to upward biased, consolidating…

The Bank of Japan is largely expected to keep its policy rate unchanged. Markets’ attention will be on a potential hawkish message by Governor Kazuo Ueda.…

Hello traders. Welcome to another blog post where we discuss the application of the Elliott wave theory to trade different financial assets. In today’s post,…

The US Dollar managed to regain balance and reverse the post-CPI pullback on Thursday along with investors’ assessment of a potential one interest rate cut by…

GBP/JPY hit a new 16-year peak of 201.32 on Thursday. JPY traders are buckling down ahead of the BoJ’s latest rate call. Sterling markets are shrugging off…

Dow Jones bounces but still remains lower on Thursday. Treasury yields and equities backslid after US PPI figures declined. US Initial Jobless Claims also…

Mexican Peso counterattacks, snapping two days of losses. Banxico Governor Victoria Rodriguez Ceja assures intervention if Peso exhibits “atypical behavior…

Canadian Dollar sheds -0.20% against USD as price action rebounds. Canada remains absent from the economic calendar on Thursday. BoC Governor Macklem due…

The latest Department of Energy (DOE) inventory statistics weighed on the crude Oil markets, but with that said, the energy complex has recovered from the…