Forex

Ultratech Cement Elliott Wave technical analysis Function: Counter Trend. Mode: Corrective. Structure: Navy Blue Wave 2. Position: Gray Wave 5. Direction…

Here is what you need to know on Thursday, May 8:The US Dollar (USD) gathers strength against its rivals early Thursday as investors digest the Federal…

West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $58.35 per barrel, up from Wednesday’s close at…

The Japanese Yen reverses a part of the previous day’s losses against its American counterpart. Bets that the BoJ will hike rates again in 2025 and reviving…

USD/CAD attracts fresh sellers on Thursday and is pressured by a combination of factors.The USD bulls remain on the defensive despite the Fed’s hawkish pause…

AUD/USD may lose its ground amid the Federal Reserve’s cautious policy outlook.The Fed kept interest rates unchanged at 4.25%–4.50%, while highlighting…

US President Donald Trump announced during the Asian trading hours on Thursday of “a big news conference (Thursday) tomorrow morning at 10:00 a.m. (14 GMT) in…

GBP/USD fell 0.6% on Wednesday, easing back into near-term lows.The Fed held rates steady, as expected, but tariff concerns are raising cautionary flags.The…

EUR/USD remained stuck to the 1.1300 region on Wednesday.The Fed’s rate hold was broadly expected, but an overly-cautious Powell caught markets by…

USD/JPY fell to the 143.00 region after the Fed held rates steady on Wednesday.Market anticipation of a rate cut in July accelerated after Fed warned of rising…