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Forex
USD/CAD extends the rally above 1.4400, Canadian/US employment data in focus
USD/CAD gains traction to near 1.4400 in Friday’s early Asian session.
Fed officials signal a rate cut caution, boosting the USD.
Trump’s tariff threats…
EUR/USD Price Analysis: Extended losing streak tests bullish recovery
EUR/USD slips, settling near 1.0305 and marking three consecutive days of losses.
RSI remains flat at 40 in negative territory, suggesting momentum has…
BoE’s Breeden: Some evidence of activity weakening, but we expect it to pick up again
Bank of England (BoE) Monetary Policy Committee (MPC) member and Deputy Governor for Financial Stability Sarah Breeden noted that it might finally be time for…
Canadian Dollar continues slow grind lower on Thursday
The Canadian Dollar shed another 0.1% on Thursday as buyers evaporate.
Canada remains open for business while the US is taking the day off.
Holiday-thinned…
GBP/JPY backslides on data-light Thursday
GBP/JPY dumped another 0.6% and tested the 200 EMA on Thursday.
Another limited showing on the economic calendar this week for the Guppy.
Pound Sterling…
Mexican Peso dives as Banxico signals aggressive easing
Mexican Peso faces pressure after Banxico's dovish shift suggests larger, and possibly quicker, interest rate cuts.
Mixed inflation data from INEGI…
US Dollar ticks higher as Gilts wobble under inflation pressure, eyes on NFPs
Traders remain alert to potential Chinese stimulus effects, though the US Dollar’s upward trajectory looks steady on Thursday.
Intensifying concerns over…
GBP/USD faces downward pressure due to UK fiscal concerns
GBP/USD dips by 0.49% despite inactive US markets, influenced by record high UK bond yields and fiscal worries.
US labor market shows resilience with a…
Pound Sterling Price News and Forecast: GBP/USD faces downward pressure due to UK fiscal concerns
GBP/USD faces downward pressure due to UK fiscal concerns
The Pound Sterling depreciated against the Greenback on Thursday, even though the financial markets…
Dollar Index (DXY) forecasting the rally after three waves pull back
In this technical article we’re going to take a quick look at the Elliott Wave charts of Dollar Index DXY , published in members area of the website. As our…