Forex

EUR/USD rises to 1.0440 on Thursday, reversing losses after a three-day decline. The pair rebounded strongly off the 20-day SMA, gaining over 0.40% of its…

GBP/USD climbs as soft US jobless claims data weakens the Greenback. UK inflation above 3% reduces the odds of aggressive BoE rate cuts. Traders eye Fed…

USD/CAD drops sharply to near 1.4200 as the US Dollar underperforms its major peers. Slightly higher US Initial Jobless Claims have weighed on the US…

AUD/USD advances to near 0.6380 as upbeat Aussie employment data is likely to force traders to pare RBA dovish bets. On Tuesday, the RBA cut its OCR by 25…

The US Dollar edges lower against major currencies on a calm Thursday.  US President Donald Trump lashed out at Ukraine and hinted at a possible trade deal…

EUR/USD edges slightly higher as the US Dollar declines even though US President Trump continues to threaten to impose tariffs globally. The FOMC Minutes…

Gold has already a fresh all-time high at around $2,955 on Thursday morning. US President Donald Trump mentioned a trade deal with China could be done.  If…

Momentum indicators are turning flat; Pound Sterling (GBP) is expected to trade in a sideways range of 1.2550/1.2615 vs US Dollar (USD). In the longer run,…

Headline SMEI edged down 0.5pts to 50.4 in February as current performance sub-index fell below 50. Tourism-related services activity dropped m/m after holiday…

West Texas Intermediate (WTI) Oil price falls on Thursday, according to FXStreet data. WTI trades at $72.10 per barrel, down from Wednesday’s close at $72.16.…