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Forex
Gold retreats below $4,200 as traders cash out before Fed meeting
Gold (XAU/USD) dips some 0.80% on Tuesday as traders seem to be booking profits ahead of next week's Federal Reserve (Fed) monetary policy meeting, amid a firm US Dollar. At the…
President Trump tips hat toward Kevin Hassett as potential Fed Chair
US President Donald Trump teased that a possible pick from his list of potential Federal Reserve (Fed) Chair candidates could be Kevin Hassett, the current chairman of the National…
Dow Jones finds unsteady Tuesday gains
The Dow Jones Industrial Average (DJIA) faced a messy session on Tuesday, exploring early upside and challenging the 47,600 level before getting knocked back down once again.…
Technical structure favors bulls as price holds wedge breakout
The Euro (EUR) trades flat against the US Dollar (USD) on Tuesday, pressured by a steady Greenback in an otherwise calm market. At the time of writing, EUR/USD is trading around…
GBP/USD steadies near 1.3200 as traders bet on dual Fed–BoE dovish pivot
GBP/USD steadies near 1.3200 as traders bet on dual Fed–BoE dovish pivotGBP/USD holds steady near 1.3200 as the Dollar registers minimal gains although the US economy continues to…
Silver price retreats amid profit-taking, focus shifts to US data
Silver (XAG/USD) moves lower on Tuesday, trading around $57.50 at the time of writing, down 0.70% on the day. The white metal is easing after Monday’s solid upward move, as market…
GBP/USD steadies near 1.3200 amid rising Fed and BoE rate cut odds
GBP/USD holds steady near 1.3200 as the Dollar registers minimal gains although the US economy continues to show signs of weakness, which could prompt the Federal Reserve to ease…
GBP/USD strengthens on relief rally after UK autumn statement
Pound Sterling weakens against US Dollar ahead of key US dataThe Pound Sterling (GBP) drops to near 1.3190 against the US Dollar (USD) during the European trading session on…
Euro holds steady near 1.16 as CPI aligns with expectations – Scotiabank
The Euro (EUR) is trading flat to the US Dollar (USD) while outperforming most of the G10 currencies as it consolidates in a tight range around 1.16, Scotiabank's Chief FX…
EUR/JPY snaps three-day losing streak as solid JGB auction weakens the Yen
The Euro (EUR) edges higher against the Japanese Yen (JPY) on Tuesday as the Yen weakens in response to easing Japanese Government Bond (JGB) yields after the latest 10-year…