Forex

A leadership contest within the Canadian Liberal Party will select the new prime minister after Justin Trudeau’s resignation yesterday, ING’s FX analyst Chris…

US Dollar (USD) could rise, but it does not appear to have enough momentum to reach 159.00. In the longer run, USD is expected to trade with an upward bias;…

COAL INDIA (1D Chart) Elliott Wave technical analysis Function: Counter Trend Lower (Minor degree, Grey). Mode: Corrective. Structure: Potential flat.…

Gold price attracts haven flows amid worries about Trump’s tariff plans.  The Fed’s hawkish stance and elevated US bond yields cap the XAU/USD. Traders…

WTI consolidates after the overnight pullback from a nearly three-month high. Concerns about weak demand from China and rising oil supply cap the upside.…

FX option expiries for Jan 7 NY cut at 10:00 Eastern Time via DTCC can be found below. EUR/USD: EUR amounts 1.0250 1b 1.0300 3.5b 1.0375 805m 1.0400…

GBP/USD strengthens as the US Dollar Index continues to face pressure for the third consecutive session. The US Dollar could receive some support after…

GBP/USD rises toward 1.2550 as US Dollar continues to correct downwards GBP/USD continues to rise for the third consecutive day, trading near 1.2530 during…

WTI continues to decline despite rising energy demand fueled by colder weather and Beijing's economic stimulus efforts. Oil prices could gain support as…

The Canadian media outlet, the Globe and Mail, carried a gated story on Tuesday, citing that Canada's federal government is mulling early release of a proposed…