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Forex
China’s January NBS Manufacturing PMI contracts to 49.1, Non-Manufacturing PMI dips to 50.2
China’s Manufacturing Purchasing Managers' Index (PMI) contracted to 49.1 in January from 50.1 in December, the official data released by the National Bureau…
EUR/USD moves below 1.0500 as US Dollar Index recovers from monthly lows
EUR/USD depreciates as the US Dollar Index rebounds from its monthly low at 107.22.
The US Dollar receives support from uncertainty surrounding the impact…
Gold Price Forecast: XAU/USD loses ground to near $2,765 on renewed US Dollar demand
Gold price drifts lower to near $2,765 in Monday’s early Asian session.
Trump imposed 25% tariffs on Colombia as deported migrant flights were denied,…
AUD/USD attracts some sellers to near 0.6300 ahead of Chinese PMI release
AUD/USD softens to around 0.6300 in Monday’s early Asian session, down 0.19% on the day.
US S&P Global Manufacturing PMI rose to 50.1 in January;…
Silver Price Forecast: XAG/USD climbs steadily, bulls capped by 100-day SMA
Silver rebounds from $30.36, crosses 50-day SMA but struggles with higher resistance levels.
RSI indicates rising buyer interest; however, significant…
US Dollar closes a losing week after economic data
The US Dollar Index remains under pressure, testing the 107.50 level after a steep weekly decline of over 2%.
S&P Global Composite PMI signals slower…
Mexican Peso rallies strongly, poised for positive week close
Mexican Peso gains amid US Dollar weakness and reduced trade fears, ignore mixed Mexican economic activity data.
Mid-month inflation falls to 3.69% YoY,…
Canadian Dollar recovers limited ground on improving sentiment
The Canadian Dollar made some headway against the Greenback on Friday.
Bank of Canada poised to deliver another rate cut next week.
Weakness in the US…
AUD/USD extends winning streak as Trump’s China deal hints weigh on USD
Pair jumps 0.42% to 0.6315 on Friday, buoyed by broad risk appetite.
Trump expresses willingness to avoid tariffs on China, offers trade deal hints.
Fed…
Gold price nears record high on weak US Dollar
Gold nears all-time high, rises amid volatile US policy statements.
Trump's WEF comments soften on Chinese tariffs and advocate lower rates, affecting the…