Forex

USD/CAD falls to 1.3500 due to multiple headwinds. The US Dollar corrects further on the weak US ISM Services PMI report. Higher Oil prices due to…

NZD/USD has probably reversed its downtrend on the short-term timeframe.  It was falling in a large Measured Move pattern, however, there is a chance this…

EUR/USD rebounds after weaker ISM Services PMI data undermines the US Dollar.  Services inflation in the US is proving sticky but the PMI’s Prices Paid…

The Japanese Yen is undermined by the BoJ's cautious outlook and a positive risk tone. Intervention fears might limit losses for the JPY and cap any further…

Indian Rupee recovers some lost ground on Thursday amid the weaker USD.  India’s HSBC Service PMI improved to 61.2 in March against 60.6 prior, stronger…

Gold prices fell in Pakistan on Thursday, according to data compiled by FXStreet. The price for 24-carat Gold stood at 20,410.66 Pakistani Rupees (PKR) per…

EUR/USD trades with a positive bias for the third successive day on Thursday. The Fed rate cut uncertainty continues to weigh on the USD and lend support.…

Australian Dollar gains ground on improved domestic economic data on Thursday. Australia’s Judo Bank Services and Composite PMIs improved to 54.4 and 53.3,…

Short term Elliott Wave view in Gold Miners ETF (GDX) suggests rally from 2.29.2024 low is in progress as a 5 waves impulse structure. Up from 2.29.2024 low,…

Federal Reserve (Fed) Governor Adriana Kugler said on Wednesday that she believes inflation will continue to fall this year and pave the way for the central…