Forex

Australia’s Trade Surplus widened to 4,385M MoM in October versus 4,200M expected and 3,707M (revised from 3,938M) in the previous reading, according to the latest foreign trade…

The USD/JPY pair attracts some sellers to around 155.25 during the early Asian session on Thursday. The US Dollar (USD) softens against the Japanese Yen (JPY) on…

“the of a larger W-4 correction to be underway to between 20485 and 22835. However, we need to see a weekly close below 24000 for higher confidence (75% chance) that this is the…

EUR/USD surges over 0.40% on Wednesday after economic data in the US reinforced bets that the Federal Reserve would cut rates at the December 9-10 meeting. The pair trades at…

The Dow Jones Industrial Average (DJIA) rose 450 points on Wednesday, sparked by renewed market optimism that the US economy is performing so poorly that the Federal Reserve (Fed)…

Gold price declines some 0.20% on Wednesday as US economic data, although mixed, reaffirmes traders’ expectations for a rate cut next week at the Fed's meeting. XAU/USD trades…

AUD/USD trades firmly on Wednesday, around 0.6590 at the time of writing, up 0.50% on the day. The pair remains supported by the underperformance of the US Dollar (USD), which…

GBP/USD soars as speculation over Hassett fuels Fed-pivot betsGBP/USD rallies on Wednesday during the North American session, surpasses the 1.3300 figure as market participants…

United States (US) Treasury Secretary Scott Bessent said that he would, going forward, press for the Fed's Board of Governors in Washington to veto appointments of candidates who…

Fresh data from the Institute for Supply Management (ISM) showed the Services Purchasing Managers Index (PMI) picking up to 52.6 in November from 52.4, beating expectations of 52.1…