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Forex
Canadian Dollar steadies after job losses, eyes on US CPI next week
The Canadian Dollar caught an early decline on Friday, but Greenback declines are squaring Loonie positioning.Canada shed jobs in July after the pace of hiring…
Dow Jones Industrial Average gains ground on easygoing Friday
The Dow Jones rose slightly on Friday to close out the week on the high side.Equities wrestled with tariffs, earnings and geopolitical headlines this…
AUD/USD extends rally as Fed rate cut bets grow, focus shifts to RBA
AUD/USD climbs for the fourth straight day, buoyed by a weaker US Dollar and rising expectations of a September Fed rate cut.Markets are fully pricing in a 25…
EUR/USD trades near weekly high as USD faces weekly loss on Fed bets, geopolitical hopes
EUR/USD trades at 1.1648, easing 0.14% but holding close to the 1.1700 mark.Reports suggest Trump–Putin meeting next week could lead to ceasefire in Eastern…
Silver Price Forecast: XAG/USD rallies sharply, posts weekly gains of 3.5%
XAG/USD up 0.24% on Friday, on track to end week over 3.5% higher.Price surged more than 6% since July 31 low at 50-day SMA of $36.20.Bullish harami pattern…
Dow Jones futures rise on dovish Fed outlook, chip stocks outperform
Dow Jones futures advance amid easing risk aversion, driven by the rising odds of the Fed rate cuts.Semiconductor stocks outperformed after Trump clarified…
Silver Price Forecast: XAG/USD stalls below $38.50 as the USD sell-off stops
Silver keeps trading higher, but $38.50 resistance is holding bulls for now.Rumours that Governour Waller might be the next Fed Chair have provided some…
Forex Today: US Dollar stabilizes, Gold tests $3,400
Here is what you need to know on Friday, August 8:The US Dollar (USD) stays resilient against its rivals early Friday, with the USD Index stabilizing slightly…
AUD/USD extends gains, approaching 0.6540 highs on risk appetite
The Aussie Dollar is on track for a nearly 1% weekly gain, boosted by a positive market mood.Upbeat Chinese exports data seen this week are underpinning demand…
Gold price pares intraday losses, remains below $3,400 amid receding safe-haven demand
Gold price drifts lower on Friday amid some profit-taking, though it lacks follow-through.The risk-on mood and a modest USD rebound exert some pressure on the…