Forex

Short term Elliott Wave view in Dow futures (YM) suggests the Index ended wave (4) correction at 37473. The Index has now turned higher in wave (5). However,…

EUR/USD continues to lose ground due to the hawkish sentiment of the Fed prolonging elevated policy rates. Fed’s Kashkari said that the most likely scenario…

WTI prices remained slightly on the defensive near $78.00 on Wednesday.  The easing fear of oil supply disruption caps the upside of black gold for the time…

Bank of Japan (BoJ) Governor Kazuo Ueda spoke in the Japanese parliament on Tuesday. Ueda warned of the potential need for policy response due to foreign…

AUD/USD drops 0.42% after RBA holds cash rate at 4.35%, adopting a dovish tone in its statement. Markets react quickly, adjusting to RBA's shift from a…

Gold down 0.4% as stronger USD, lower Treasury yields follow weak US jobs data. Missed US April Nonfarm Payrolls heighten focus on potential Fed rate…

Dow Jones softly higher on Tuesday but risk appetite remains tepid. Fed officials throw caution about broad-market rate cut hopes. Rate markets still see…

GBP/JPY floundered after a late start to the week’s UK markets. UK Retail Sales disappoint, crimping bullish GBP momentum. BoE, UK GDP still on the cards…

Canadian Dollar easing but sticking to midrange. Canada Ivey PMI beat expectations in April. CAD markets wait for Friday’s Canadian labor data. The…

Federal Reserve (Fed) of Minneapolis President Neel Kashkari hit newswires for the second time on Tuesday as the Fed official weighs in on the Fed's inflation…