Forex

Oil nearly erases all intraday losses after EIA release. WTI Oil hangs around $78 after a dive to $76.76 earlier. The US Dollar Index ticks up with help…

EUR/USD comes down slightly to 1.0740 as the US Dollar rises amid a light US economic calendar. The ECB is expected to opt for cutting interest rates in…

US stock markets seem to have decided on a direction since last week and appear to be moving higher. In today’s report, we would like to address what…

The Pound Sterling dips slightly below 1.2500 due to multiple headwinds. Investors expect UK interest rates to remain steady at 5.25% with less-hawkish…

The US Dollar outperforms against most major Asian peers on Wednesday.  Traders are gearing up for back-to-back Fed speakers lined up.   The US Dollar…

GBP/USD Forecast: Pound Sterling turns fragile ahead of BoE policy announcements GBP/USD came under heavy bearish pressure and lost nearly 0.5% on Tuesday.…

Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $27.14 per troy ounce, down 0.36% from the $27.24 it cost on Tuesday.…

AUD/JPY could continue its winning streak due to improved risk appetite. The Australian Dollar depreciated due to the less hawkish RBA despite higher…

ASX: Reece Limited - REH Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart) Greetings, Our Elliott Wave analysis today updates the Australian…

Gold price recovers despite the renewed USD demand on Wednesday.  Investors place lower bets on the potential Fed interest rate cuts in 2024.  The Fed’s…