Forex

On Friday, Dallas Federal Reserve President Lorie Logan remarked that there are "uncertainties" regarding whether monetary policy is adequately restrictive to…

`USD/CAD drops sharply to 1.3630 after strong Canadian Employment data. Canadian job market expanded by 90.4K fresh payrolls while annual wage growth slowed…

Oil is falling in a descending channel on the short-term horizon.  Within the channel it is currently correcting higher, however, it is likely to capitulate…

The Mexican Peso rallies following Thursday’s Bank of Mexico policy meeting.  Banxico decided to keep interest rates unchanged but upwardly revised its…

Gold rallies as investors turn to safety amid worsening geopolitical tensions.  Weak US labor market data reignites speculation of early Fed rate cuts…

GBP/USD is gaining ground after the release of higher-than-expected UK GDP data on Friday. The Pound Sterling may encounter challenges on a rate cut…

The stock market has been on a bull run for close to a year and a half right now, and whether or not it will continue is open to debate. However, what is…

EUR/GBP loses ground around 0.8595 in Friday’s early European session.  The UK economy is officially out of recession after reports showed the GDP grew by…

The UK economy expanded 0.6% QoQ in the first quarter (Q1) of 2024 from a 0.3% contraction in the previous reading, the preliminary estimate released by…

EUR/USD weakens to 1.0775 on the firmer USD on Friday. The pair keeps the bearish vibe below the key EMA on the daily timeframe.  The key resistance level…