Forex

The downturn in Gold prices underscored by sharp liquidations from macro funds lined up exceptionally well with historical patterns surrounding drawdowns…

EUR/USD falls sharply as the US Dollar extends its rally and the Eurozone Composite PMI surprisingly contracts. Eurozone Service PMI surprisingly decreased…

GBP/ZAR is giving signs and omens of a possible change in the near-term trend.  These include a possible reversal pattern and the RSI moving out of oversold…

Gold rallies for the fifth day in a row on Friday on the back of increased safe-haven demand due to Russia threats.  Headwinds for the precious metal may…

UK data reports today were roundly disappointing, weighing on the Pound Sterling (GBP). Retail Sales fell a greater than expected 0.9% in the October month…

Bias for the US Dollar (USD) is tilted to the downside; any decline is unlikely to threaten the major support at 153.30. In the longer run, USD is expected to…

USD/SGD rebounded as markets continue to trade 2-way, caught between the forces of heightened geopolitical tensions and policy uncertainties associated with…

Yesterday’s US Dollar (USD) rally led to a break below the key psychological 1.05 EUR/USD support and an exploration above 107.0 in DXY. There’s no one single…

The S&P Global preliminary PMIs for November are likely to show little variation from the October final readings. Markets are undecided on whether the…

The Pound Sterling faces a sharp sell-off as UK Retail Sales declined at a faster-than-projected pace in October. Weak UK Retail Sales data could boost BoE…