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Forex
Canadian Dollar stuck near familiar lows despite PMI beat
The Canadian Dollar (CAD) remained swamped against the US Dollar on Thursday.
Canadian PMI data from December beat expectations but failed to spark a Loonie…
Forex Today: Markets kick off new trading year with a fresh bid in the Greenback
The US Dollar rose to the top of the forex pile on the first day of trading in 2025 as broader markets keep one foot firmly planted in the safe haven currency.…
Dow Jones Industrial Average whips on cautious new trading year
The Dow Jones cycled near familiar levels on the first trading day of 2025.
Tepid intraday flows crimp hopes for a ‘Santa Clause rally’.
Initial Jobless…
EUR/USD slumps to two-year low as growth concerns weigh
EUR/USD shed another full percent as Euro fears simmer.
European Manufacturing PMI missed the mark, implying steepening contraction expectations.
ECB…
GBP/USD forecast: 2024 low at siege amid risk aversion
UK manufacturing output contracted by more than anticipated in December.
Market players buy the Greenback as mounting uncertainty weighs.
GBP/USD pressures…
Pound Sterling Price News and Forecast: GBP/USD dives against US Dollar as US Jobless Claims dip
Pound Sterling dives against US Dollar as US Jobless Claims dip
The Pound Sterling (GBP) plunges to near 1.2400 against the US Dollar (USD) at the start of…
Pound Sterling dives against US Dollar as US Jobless Claims dip
The Pound Sterling plummets against the US Dollar as the Fed is expected to reduce interest rates less than previously anticipated this year.
The British…
Gold Price Forecast: XAU/USD jumps to near $2,650 as investors consider Trump’s impact on global economy
Gold price gains to near $2,650 as investors expect heightened global uncertainty under Trump’s administration.
US Trump is expected to raise import tariffs…
US weekly Initial Jobless Claims decline to 211K vs. 222K expected
Initial Jobless Claims in the US declined by 9,000 in the week ending December 28.
US Dollar Index clings to strong gains above 108.50 after the data.…
EUR/USD is bruised by dominating US Dollar
EUR/USD declines below a two-year low of 1.0330 as the US Dollar gains further.
The USD gains as the Fed has guided fewer rate cuts in 2025.
Investors…