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Forex
Gold skyrockets on heightened geopolitical tensions
Gold prices rose as investors turned to safe havens due to escalating geopolitical risks.
US Treasury yields declined, and a weaker US Dollar contributed to…
Australian Dollar sees gains on hawkish RBA minutes
AUD/USD rose by 0.15% to 0.6520 in Tuesday's session.
Aussie climbed due to hawkish RBA Minutes, a weaker US Dollar, and hopes for Chinese economic…
Mexican Peso rallies, ignores Banxico’s Rodriguez dovish tone
Mexican Peso stages a comeback, reversing earlier losses driven by brief escalation in Russia-Ukraine conflict.
Banxico Governor Victoria Rodriguez Ceja…
Forex Today: UK inflation comes next amid doubts around extra BoE easing
The US Dollar navigated without a clear direction in a context dominated by the resurgence of Russia-Ukraine geopolitical concerns and the subsequent search…
Fed’s Schmid: Large fiscal deficits won’t cause inflation, because Fed will raise rates
Federal Reserve (Fed) Bank of Kansas President Jeffrey Schmid struck an overall positive tone on Tuesday, stating that he believes inflation and employment are…
USD/CAD to reach the 1.42 in mid-term – Rabobank
USD/CAD has reached our end of year target of 1.40 and we fully expect the pair to reach the 1.42 level we highlighted for Q1, Rabobank’s FX analysts Molly…
GBP/USD: Trading softer on the day – Scotiabank
BoE MPC’s Greene sounded cautious on the near-term outlook for policy in remarks yesterday, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
BoE shows…
EUR/GBP Price Forecast: Extends gains past the 50-day SMA and 0.8300
EUR/GBP rises past the 50-day SMA of 0.8359, setting sights on the 0.8400 resistance.
If breached, next key levels include the 100-day SMA at 0.8413,…
EUR/USD bounces back even though Russia-Ukraine war escalates
EUR/USD rebounds from1.0600 on Tuesday as the US Dollar retreats despite geopolitical tensions escalate.
The focus of ECB officials turns toward preserving…
USD/CAD slides below 1.4000 as Canadian inflation accelerate, US Dollar retreats
USD/CAD drops sharply below 1.4000 as Canadian inflation grew faster than expected in October.
Higher-than-expected US inflation data might weigh on BoC…