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Forex
Canadian Dollar gives back gains despite upbeat jobs data
The Canadian Dollar firmed up on Friday, but Greenback flows rallied harder, driving a rebound in USD/CAD.US NFP net job gains came in stronger than expected,…
OPEC Oil production rose less than agreed in May – Commerzbank
According to a Bloomberg survey, the nine OPEC countries bound by production targets increased Oil production by nearly 200 thousand barrels per day in May,…
GBP down modestly from Thursday’s multi-year high – Scotiabank
Pound Sterling (GBP) is also down 0.2% vs. the US Dollar (USD) with a modest pullback from Thursday’s fresh multi-year high, Scotiabank's Chief FX Strategist…
JPY is underperforming on the day – Scotiabank
Japanese Yen (JPY) is down 0.4% vs. the US Dollar (USD) and underperforming all of the G10 currencies in an environment of modest USD strength. Markets…
Pound Sterling Price News and Forecast: GBP/USD retraces against US Dollar with US NFP
Pound Sterling retraces against US Dollar with US NFP under spotlightThe Pound Sterling (GBP) retraces to near 1.3535 against the US Dollar during the European…
Spotify Technology S.A. (SPOT) Elliott Wave technical analysis [Video]
Spotify Technology S.A. (SPOT) – Daily chart
Technical analysis based on Elliott Wave theory
Function: Trend.
Mode: Impulsive.
Structure: Motive.…
GBP/JPY Price Forecast: Bullish momentum builds after rising above 195.00
GBP/JPY rises above the 20-day Simple Moving Average (SMA), providing support at 194.21.The Relative Strength Index (RSI) is nearing 60, suggesting that…
USD/INR holds ground after upbeat US Non-farm payrolls
The Indian Rupee strengthens after the RBI delivers a surprise 50 basis points interest-rate cut, larger than expected.USD/INR retreats from 86.00 but holds…
EUR/USD retreats below 1.1400 after US NFP data
EUR/USD stays under bearish pressure and trades below 1.1400 on Friday.Nonfarm Payrolls in the US rose by 139,000 in May.Markets lean toward a Fed policy hold…
Chinese SHFE Gold traders hit record-high positioning – TDS
Despite muted ETF flows and flat Western macro participation, positioning data shows Chinese Gold speculators pushing SHFE Gold to record highs, setting the…