Forex

EUR/USD holds firm at around 1.1550 on Monday, virtually unchanged as the Greenback trims some of its earlier losses amid news that the White House backs a deal to end the US…

We have been anticipating and tracking the SP500 (SPX) to reach 7120 for some time, and last week’s decline appeared to throw a wrench in that wheel. However, as the stock market,…

The Dow Jones Industrial Average (DJIA) steadied its grip on Monday, starting the new trading week holding near the 47,000 major handle and lifting around 370 points. Equity…

The US Dollar (USD) traded without clear direction on Monday, as hopes grew for a potential deal to end the 40-day federal government shutdown in the coming days. With that in…

The Canadian Dollar (CAD) hit a bit of a bump and run against the US Dollar (USD) on Monday, clawing back further ground in a much-needed technical bounce-back from 30-week lows.…

USD/JPY holds around 154.00 on Monday at the time of writing, up 0.40% on the day, close to its eight-month high of 154.49. The pair remains supported by the persistent weakness of…

USD/CHF holds near 0.8060 on Monday at the time of writing, up 0.10% on the day, as the US Dollar (USD) stabilizes after the United States (US) Senate approved a measure to extend…

Federal Reserve (Fed) Bank of St. Louis President Alberto Musalem spoke in an interview with Bloomberg TV on Monday about the United States (US) economy. He stated that inflation…

President of the Federal Reserve (Fed) Bank of San Francisco Mary Daly spoke in an interview with Bloomberg Television on Monday regarding inflation and monetary policy. She…

Momentum indicators are mostly flat; US Dollar (USD) is likely to trade in a range between 7.1200 and 7.1300. In the longer run, USD has likely entered a range-trading phase…