Forex

WTI backslid to $74.00 per barrel after OPEC+ failed to bolster Crude trader hopes. Voluntary production cuts are slated to be phased out beginning in…

Negative momentum nudges the NZD/JPY pair into a slight retreat, with consolidation continuing to dominate the trend. The sellers face a considerable…

Mexican Peso falls sharply after Dr. Claudia Sheinbaum’s victory and Morena’s majority in Congress. Concerns rise over potential constitutional changes and…

Dow Jones backslides as investors balk at softening US data. Markets have shifted to bets of a November Fed rate cut. Monday kicks off NFP week with a…

Markets kick off NFP week pricing in a first Fed rate cut in November. Canada reveals unexpected downturn in Manufacturing PMI data. CAD traders will be…

Weak ISM PMI report for May and decreasing US Treasury yields weigh on USD. ISM Manufacturing PMI report increases odds of Fed rate cut in September.…

The Pound Sterling rises to 1.2770 as US ISM Manufacturing PMI for May misses estimates. UK’s stubborn service inflation keeps the uncertainty about the…

NZD/USD jumps to 0.6815 after downbeat US ISM Manufacturing PMI report. Weak factory activity report dents the US Dollar’s appeal. The RBNZ is less likely…

GBP/JPY pulls back after retouching multi-year highs.  The trend is bullish so the pull back is not expected to last before the uptrend resumes. …

Gold spiked to a high of $2,359 on Friday after US PCE inflation data undershot expectations, suggesting interest rates might fall.  Gold rolls over and…