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Forex
Forex Today: Gold surges to new record high on Easter Monday
Here is what you need to know on Monday, April 1:
Although the action in foreign exchange markets remain subdued on Easter Monday, Gold gathers bullish…
Japanese Yen consolidates near multi-decade low against USD, not out of the woods yet
The Japanese Yen continues to be undermined by the BoJ’s cautious stance and the risk-on mood.
Intervention fears limit further JPY losses and cap the…
GBP/USD Price Analysis: The initial support level is located at 1.2610
GBP/USD trades in positive territory around 1.2628 in Monday’s early European session.
The pair keeps the bearish outlook below the key EMA; RSI indicator…
WTI advances to near $83.10 due to expected supply constraints stemming from OPEC+ cuts
WTI oil price extends its winning streak due to the likelihood of OPEC+ retaining output policies.
Ukrainian drone stacks have rendered offline nearly 1…
USD/INR loses traction ahead of Indian, US Manufacturing PMI data
Indian Rupee recovers some lost ground on Monday, despite the firmer US Dollar.
India's growth and inflation dynamics might convince the RBI to hold rates…
USD/CAD remains depressed amid bullish Oil prices, manages to hold above 1.3500 mark
USD/CAD drops to over a one-week low and is pressured by a combination of factors.
Bullish Oil prices underpin the Loonie and weigh on the pair amid a…
Australian Dollar appreciates amid stronger Chinese Manufacturing PMI, weaker US Dollar
Australian Dollar gains ground on encouraging Chinese PMI data.
RBA Meeting Minutes are awaited to be released on Tuesday.
Chinese Manufacturing PMI came…
Japan’s Suzuki: Rapid FX moves undesirable, speculative moves seen
Japanese Finance Minister Shunichi Suzuki offered some verbal intervention on Monday. Suzuki said that the speculative moves are seen behind the recent weak…
ECB’s Stournaras: Four 25bps interest rate cuts are possible in 2024
The European Central Bank (ECB) Governing Council member Yannis Stournaras said on Sunday that a total of four interest rate cuts is possible in 2024, with a…
Elliott Wave analysis: Nasdaq 100 and top tech stocks [Video]
NASDAQ Stock Market Elliott Wave Analysis and Strategy: Insights on NASDAQ 100, Top-Tier Stocks Including Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia…