Forex

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…

NZD/USD retreated after the data showed the manufacturing sector had been in contraction for 14 consecutive months. The Business NZ Performance of…

Gold price edges higher for the second consecutive day on Friday.  Weak employment data bolstered the speculation that the weakening economy would force the…

The Australian Dollar retreated due to the improved US Dollar on Friday. The Australian Dollar is facing pressure due to the less hawkish stance of the RBA…

GBP/USD trades with a mild positive bias around 1.2525 amid the weaker USD on Friday.  The BoE kept rates unchanged at 5.25% and opened the door to a rate…

EUR/USD climbs into positive territory for the week. Rate cut bets increase on rising US unemployment claims. US consumer sentiment due on Friday.…

USD/CHF falls 0.16%, trading below 0.9100 due to broader US dollar weakness. Technicals show neutral to upward bias; recent bearish RSI indicates loss of…

Mary C. Daly, President of the Federal Reserve (Fed) Bank of San Francisco, highlighted the uncertainty facing the Fed while participating in a fireside chat…

Gold rebounds above $2,330, fueled by drop in US Treasury yields, weaker Greenback. Unemployment claims increase, which pressures Fed to achieve its dual…

GBP/JPY holding above 194.50 as markets continue to sell Yen. BoE still stands pat on interest rates, but officials are slowly changing camps. Trading week…