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Forex
Mexican Peso rises amid Dollar weakness driven by US credit downgrade
The Mexican Peso gains ground against the US Dollar as Moody’s downgrade of US sovereign debt weighs on the Greenback.The Federal Reserve is set to review the…
EUR/USD surges as US credit downgrade batters US Dollar
EUR/USD gains sharply to near 1.1290 as the US Dollar has been battered sharply after Moody’s Rating downgraded US Sovereign Credit to Aa1.Traders expect that…
Rally to pause as Moody’s downgrades US credit rating
The S&P 500 is set for a pullback, stepping back from the key 6,000 resistance - how will the market respond to the downgrade?
The S&P 500 gained…
Pound Sterling Price News and Forecast: GBP/USD recovery gains momentum
GBP/USD outlook: Fresh recovery acceleration opens way for retest of key barriers at 1.3443/44Cable jumped around a hundred pips on Monday morning, lifted by…
Oil: Speculators buy Brent – ING
The Oil market managed a second consecutive week of gains, driven largely by tariff de-escalation. However, the market is in limbo this morning as it weighs…
Gold turns positive as Moody’s US downgrade sends US yields higher
Gold price steadies on Monday after Moody’s downgraded the US's sovereign debt credit rating on Friday, sending yields higher. Some headwinds are present with…
USD/CAD Price Forecast: Tests initial support near 1.3950, followed by nine-day EMA
USD/CAD may find initial resistance at its six-week high of 1.4016.The 14-day RSI remains slightly above 50, indicating continued bullish bias.The immediate…
Asian Paints – ASIANPAINT Elliott Wave technical analysis [Video]
Asian Paints Elliott Wave technical analysis
Function: Trend.
Mode: Impulsive.
Structure: Orange Wave 1.
Position: Navy Blue Wave 1
Direction next lower…
Forex Today: Markets turn risk-averse to start week
Here is what you need to know on Monday, May 19:Safe-haven flows dominate the action in financial markets at the beginning of the week. Eurostat will publish…
USD/INR remains stronger as Indian Rupee struggles on strong importer demand
The Indian Rupee continues to weaken amid renewed USD demand from importers and persistent foreign fund outflows.USD/INR may face headwinds as the US Dollar…