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Forex
US Dollar seeks direction amid thin liquidity as US markets remain closed
The US Dollar Index trades near 106.00 neutral.
US markets remain closed on Thursday forThanksgiving celebrations.
Economic data may push the Fed not to…
Canadian Dollar traders water with markets broadly shuttered for US holiday
The Canadian Dollar is mostly flat near familiar territory on Thursday.
Canada GDP figures due Friday to draw some attention from Loonie traders.
Market…
Mexican Peso trims losses on Trump’s friendly remarks
Mexican Peso strengthened after Trump – Sheinbaum’s call, reversing some of the losses spurred by Trump's earlier threats.
Banxico minutes reflect a…
EUR/CAD Price Analysis: Bears rejected pair at 20-day and 200-day SMA convergence
EUR/CAD shed 0.30% on Thursday to trade near 1.4770.
The cross faced rejection at the 20-day and 200-day SMA convergence at around 1.4800, completing a…
Pound Sterling Price News and Forecast: GBP/USD consolidates near weekly highs on Thanksgiving
GBP/USD Price Forecast: Consolidates near weekly highs on Thanksgiving
The GBP/USD consolidates at around weekly highs, posting modest losses of 0.05% at…
GBP/USD Price Forecast: Consolidates near weekly highs on Thanksgiving
GBP/USD maintains a downward trend but shows signs of short-term upward bias.
Resistance levels to watch include 1.2714 and the 200-day SMA at 1.2818.
Key…
Crude Oil falls flat with US markets remaining closed for Thanksgiving this Thursday
Headlines spark on Thursday with Israel possibly having breached the recent ceasefire deal already after one day.
OPEC+ has moved the Output Policy Meeting…
EUR/USD drops as monthly German inflation deflates faster-than-expected
EUR/USD falls as the US Dollar steadies in a thin-trading weekend due to holidays in the US on account of Thanksgiving Day.
ECB's Schnabel ruled out risks…
Gold continues shallow recovery on Fed rate-cut bets
Gold continues to snake higher on Thursday as markets price in higher probabilities of the Fed cutting interest rates in December.
A softening of Trump’s…
Mexican Peso recovers as threat of trade war recedes
The Mexican Peso is rebounding on Thursday as the threat of trade between the US and Mexico recedes.
Reportedly positive conversations between the two…