Forex

USD/CAD drops to 1.3650 on multiple headwinds. Firm speculation for Fed rate cuts in September has uplifted the market mood. A sharp recovery in the Oil…

EUR/JPY recovers after over two percent sell-off last week following suspected intervention.  Euro grinds higher on Monday following upbeat Services PMI…

AUD/USD trades higher on Monday after US data last week surprised to the downside, weighing on USD.  The RBA could adopt a hawkish tone at their meeting on…

The Mexican Peso edges up on Monday as the market mood remains positive following US and Chinese data.  The Mexican economy continues to expand despite…

Gold price rises as markets increase their bets of interest rates coming down in the US.  The Chinese Caixin services PMI data remains in expansive…

TXN Elliott Wave technical analysis Function: Trend Mode: Impulsive Structure: Motive Position: Minor 3 Direction: Upside in Minor 3.   Details: Looking…

FX option expiries for May 6 NY cut at 10:00 Eastern Time, via DTCC, can be found below - EUR/USD: EUR amounts 1.0650 975m 1.0700 1.2b 1.0715 461m…

Gold price attracts some buyers amid the weaker USD on Monday.  The growing expectations that the Fed will start cutting interest rates later in the year…

GBP/USD rises to near 1.2550 due to dovish sentiment surrounding Fed GBP/USD continues its winning streak for the fourth consecutive day, trading around…

NZD/USD snaps its winning streak due to a rebound in the US Dollar. The US Dollar struggled due to softer-than-expected US jobs data revived hopes for the…