Forex

Gold price advances to a two-week top amid the emergence of fresh USD selling.  Rising Fed rate cut bets keep the US bond yields depressed and weigh on the…

The Australian Dollar rises as the Aussie Trade Surplus widens in May. The Australian Bureau of Statistics reported a Trade Balance figure of 6,548 million…

EUR/USD snaps the two-day losing streak near 1.0875 in Thursday’s early Asian session.  The ECB is expected to cut interest rates for the first time in five…

GBP/USD holds positive ground around 1.2790 amid the firmer USD on Thursday.  The ISM said on Wednesday that its US Services PMI rebounded to 53.8% in May…

AUD/USD stays flat at 0.6648 after mixed US data and speculations of Fed rate cuts. US ISM Services PMI rises to 53.8, while ADP private hiring misses…

The daily RSI increase denotes a slight uptick in momentum. Signs of bullish fatigue emerge after renewed gains, reinforcing the ongoing consolidation…

Dow Jones cycles 38,700.00 after US labor preview eases. US ISM Services PMI accelerated to multi-month highs. Mixed data hinted enough softness to bolster…

Gold price is gaining 1.18% amid mixed US economic data and lower Treasury yields. US 10-year Treasury yield drops to lowest level since April, following a…

Pound Sterling falls back after strong US ISM Services PMI report The Pound Sterling (GBP) drops from 1.2800 against the US Dollar (USD) in Wednesday’s…

Canadian Dollar loses minor ground against Greenback after BoC rate cut. Canada delivers broadly expected rate trim, but BoC sticks to per meeting outlook.…