Forex

UK activity data for October was soft. Monthly GDP fell 0.1%, versus expectations of a 0.1% rise, Scotiabank’s Chief FX Strategist Shaun Osborne notes.   GBP…

USD/CAD sees more upside as BoC Macklem kept doors open for more interest rate cuts. Monthly Canadian Manufacturing Sales rose by 2.1%, faster than…

Silver struggles at $31.00, declines over 1% to test the 100-day SMA amid rising US bond yields. Technical outlook sees potential consolidation between the…

Oil prices are in search to end the week on a high note by attempting to close above $70.00. Traders are torn in their choice between a possible short term…

Broadcom becomes the ninth US company to achieve a $1 trillion market cap. Broadcom stock surged 21% on Friday after CEO Hock Tan gave bullish guidance.…

EUR/USD edges higher on Friday, settling at 1.0495 as it approaches the 20-day SMA. RSI rises sharply to 44 but remains in negative territory, indicating…

Cardano is a decentralized blockchain platform and cryptocurrency (ADA) designed to provide a more secure and scalable infrastructure for the development of…

EUR/USD rises to near 1.0500 as the US Dollar surrenders its intraday gains. French Macron appoints Francois Bayrou as Prime Minister, putting an end to…

USD/CHF strives to reclaim an almost five-month high of 0.8960 amid weakness in the Swiss Franc (CHF). The SNB unexpectedly cuts its interest rates by 50…

The US Dollar sprinted higher in early trading on Friday for a sixth consecutive trading session.  The Greenback is favored after the European Central Bank…