Forex

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…

The Australian Dollar rises due to risk-on sentiment after softer US jobs data released on Friday. The Australian Dollar derived strength from the hawkish…

USD/JPY gains ground near 153.55 in Monday’s Asian session.  US Treasury Secretary counsels caution on currency intervention from Japanese authorities. …

EUR/USD extends the rally to 1.0765 amid the weaker USD on Monday.  The US job growth slowed more than expected in April, boosting the odds of a September…

Gold price trades on a softer note near $2,295 on Monday. The Nonfarm Payrolls arrived at 175K in April vs. 315K rise prior, weaker than expected. Fed’s…

AUD/USD holds positive ground near 0.6610 in Monday’s early Asian session. The US Nonfarm Payrolls (NFP) came in weaker than expected in April, along with…

Another dreadful week for the Greenback saw the USD Index (DXY) tumble to three-week lows well south of the 105.00 support, mainly in response to the dovish…

Federal Reserve (Fed) Board of Governors member Michelle W. Bowman cautioned that there is a real risk that inflation could remain elevated for much longer…

The daily RSI and MACD reflect a negative trend, hinting at increasing selling pressure. Hourly chart indicators echo the bearish sentiment, with RSI around…