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Forex
Pound Sterling Price News and Forecast: GBP/USD resumes a downtrend amid softish US data
The Pound Sterling is set to finish the week with losses, yet extended its downtrend for two straight days after piercing the 1.2800 figure. The GBP/USD…
EUR/JPY Price Analysis: Bulls maintain dominant position, near-term might be pressure coming
The pair met strong resistance at the 20-day SMA, which in case of conquering it, will confirm a bullish bias.
The daily chart indicators suggest a…
GBPJPY Price Analysis: Climbs on BoJ mixed sgnals, eyes 190.00
GBP/JPY rises buoyed by uncertainty over BoJ's interest rate stance, marking a weekly gain.
Recovery from near the 50-day DMA suggests bullish momentum,…
Crude Oil holds steady on the high side on Friday, WTI buoyed above $80.00
Crude Oil is pinned into the high end to wrap up the trading week.
WTI holding above $80.00 per barrel.
Barrel traders pinning hopes on supply constraints…
NZD/JPY Price Analysis: Bears maintain control, despite recent bullish resurgence
On the daily chart, sellers remain in control despite the improvement of the RSI and MACD.
While the daily chart emits bearish signals, the hourly…
AUD/USD stuck on the low end of near-term losses as Friday markets flatline
AUD/USD cycles just north of 0.6550.
Little Aussie data to chew on leaves AUD/USD in the lurch.
Next week: double-header showings from RBA and Fed.
The…
Silver Price Analysis: XAG/USD outshines Gold, near YTD highs despite high US yields
Silver's bullish streak leads above $25.00, defying broader market trends with over 1.40% gains.
A new year-to-date high at $25.44 highlights XAG/USD’s…
Canadian Dollar settles flat against Greenback on Friday as markets buckle down for wait to Fed
Canadian Dollar is mostly flat on Friday with limited momentum.
Housing Starts in Canada since November ticked higher.
Next week: Canadian CPI inflation,…
US Dollar sees minor gains as markets gear up for the Fed’s decision next week
The Greenback gears up to hold onto a 0.7% weekly gain.
Sentiment data from the University of Michigan came in weak.
On the bright side, Industrial…
Dow Jones Industrial Average follows broader markets lower on Friday amidst tech stock pullback
Dow Jones follows other indices lower on Friday.
UoM Consumer Sentiment Index ticked lower.
June rate cut bets have edged down to 60%.
The Dow Jones…