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Forex
WTI remains capped below $68.50 on disappointing Chinese data, surprise climb in crude inventories
WTI trades with mild gains near $68.20 in Wednesday’s early Asian session.
Discouraging Chinese economic data and a surprise climb in crude inventories…
EUR/USD retests 1.05 ahead of US CPI inflation, ECB rate call in the barrel
EUR/USD softened further on Tuesday, testing 1.0500 once again.
The Fiber pair has closed slightly lower for a third straight day.
Euro traders are bracing…
Will tomorrow’s CPI report crash the stock market?
In our previous update, we asked if NVIDIA Corporation’s (NVDA) earnings would crash the stock market, in this case, the NASDAQ100( NDX), and found.
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Canadian Dollar struggles to find footing at multi-year lows
The Canadian Dollar took another hit on Tuesday, testing the 1.4200 handle.
The Bank of Canada is poised to accelerate its pace of rate cuts.
A widening…
AUD/USD falls sharply below 0.6400 as RBA delivers less hawkish guidance
AUD/USD declines by 0.82% to 0.6395 on Tuesday.
The RBA's less hawkish interest rate guidance weighs heavily on the Aussie.
Michele Bullock, RBA Governor,…
Dow Jones Industrial Average flattens on cautious Tuesday
The Dow Jones traded into the middle on Tuesday.
Equities tested lower but stuck to the day’s opening bids.
Markets are coiling ahead of key US CPI…
US Dollar gains ahead of inflation data
DXY trades near 106.00 with muted price action as markets prepare for November CPI.
Inflation data is forecast to edge higher, keeping the Federal Reserve's…
Pound Sterling Price News and Forecast: GBP/USD retreats below 1.2750 amid strong US Dollar
GBP/USD Price Forecast: Retreats below 1.2750 amid strong US Dollar
The Pound Sterling tumbled after failing to clear the 1.2800 figure for the third…
EUR/USD Price Analysis: Pair retreats to 1.0525, losing key 20-day SMA support
EUR/USD declines by 0.33% on Tuesday, settling at 1.0525 after falling below the 20-day SMA.
RSI drops sharply to 40, remaining in the negative area,…
SPX: Strong momentum, but are risks building?
Section 1: Strong momentum of daily chart
The SPX daily chart presents an interesting contrast between momentum and volatility —two indicators that often…