Forex

Gold price drops from daily highs as better global risk sentiment diminishes safe-haven demand. A dip in US Treasury yields places additional pressure on…

Mexican Peso regains ground, trading at 16.98 against the US Dollar following Banxico Deputy Governor's comments on maintaining high rates. Banxico Deputy…

Canadian Dollar advances favoured by retreating US yields and a softer US Dollar. USD/CAD maintains a bid tone despite the Fed’s hawkish stance and lower…

The DXY Index is recording mild gains, hitting a high since early November at 106.1. Investors are focusing on Fed Chair Powell's hawkish stance and US…

USD/JPY extends its uptrend into the 154.00s.  It may be forming a Measured Move pattern with an end target of 156.11.  RSI is overbought, however, warning…

The US Dollar undergoes some profit taking ahead of a very light day in the economic calendar. Markets embrace Fed Chairman Powell hawkish remarks and…

USD/CAD slumps to 1.3800 even though the US Dollar exhibits strength. Investors see the BoC choosing the June meeting as their earliest point for pivoting…

USD/CHF is trending higher within a rising channel.  The trend is expected to continue to the next set of targets.  A break below the lower channel line…

The Mexican Peso has reversed its entrenched uptrend in the short term.  The move comes after the IMF revised down their economic growth forecasts for…

NZD/USD moves higher to 0.5900 as traders see the RBNZ reducing key interest rates from November. NZ Q1 inflation grew by 0.6% as expected. Fed Powell…