Forex

Bank of England (BoE) Deputy Governor Dave Ramsden spoke late in the London market session on Wednesday, highlighting the BoE dove's stance on rate cuts versus…

EUR/CAD dropped 0.29% on Wednesday. The cross fell deeper, reaching lows last seen in July, with technical indicators remaining deeply negative. EUR/CAD…

GBP/USD declines following a surge in UK inflation, raising prospects of a less accommodative Bank of England. Technicals indicate bearish momentum with the…

GBP/JPY rises as a result of a mixture of higher-than-expected UK data and lower safe-haven flows into JPY.  UK inflation data beat expectations, increasing…

USD/CHF recovers further above 0.8850 as the US Dollar bounces back strongly. Traders doubt whether the Fed will cut interest rates in December. USD/CHF…

The Mexican Peso trades mixed in its key pairs as markets absorb heightened geopolitical tensions and idiosyncratic factors. The Peso has completed five up…

On Wednesday, the European Central Bank (ECB) released its indicator of the Euro area’s negotiated wages data for the third quarter of 2024. Data showed that…

The US Dollar (USD) could weaken further; any decline is unlikely to reach the strong support at 7.2000. In the longer run, momentum is beginning to slow; a…

EUR/USD faces pressure near 1.0600 as ECB policymakers seem more worried about the economic outlook than about controlling inflation. ECB’s Panetta…

Gold price attracts some intraday sellers following an intraday uptick to over a one-week high.  Rebounding US bond yields revive the USD demand and exert…