Forex

EUR/USD finds cushion near 1.0800 amid improvement in the Eurozone’s economic outlook. The ECB is set to start reducing interest rates from the June…

GBP/JPY advances to 199.50 as soft Japan’s CPI report raised doubts over BoJ extending the rate-tightening cycle. Japan’s inflation declines due to weak…

USD/CHF gained ground as investors turned toward US Dollar after robust US PMI data. Fed’s Raphael Bostic stated that the inflation outlook might not…

USD/CAD halts its winning streak ahead of Canadian Retail Sales and US Consumer Sentiment due on Friday. The US Dollar edges lower due to a downward…

The Pound Sterling falls sharply to 1.2670 as UK Retail Sales contracted at a faster pace than expected. Weak UK Retail Sales data for April suggests a soft…

Here is what you need to know on Thursday, May 23: The US Dollar (USD) capitalized on the upbeat PMI data from the US on Thursday, and the USD Index closed…

EUR/USD loses traction near 1.0808 in Friday’s early Asian session.  The upbeat US PMI data and the Fed’s hawkish comments support the Greenback.  Traders…

NZD/USD pares daily losses amid hawkish comments from RBNZ officials on Friday. Strong PMI data pushed US yields higher, bolstering the Greenback. The…

Short term Elliott Wave in Tesla (TSLA) suggests the rally from 4.22.2024 low is in progress as an impulse. Up from 4.22.2024 low, wave (1) ended at 198.90 as…

Gold price is trading on a negative note on the stronger USD on Friday.  The higher-for-longer US rate narrative weighs on the yellow metal.  Investors…