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Forex
ECB’s Cipollone: Central bank should cut rates further to support recovery
European Central Bank (ECB) board member Piero Cipollone said on Friday that central bank should cut interest rates further to support the recovery in the…
AUD/USD posts modest gains above 0.6450 despite stronger US Dollar, eyes on RBA Meeting Minutes
AUD/USD trades with mild gains near 0.6460 in Monday’s early Asian session.
Fed Chair Powell downplayed the need for aggressive rate cuts, citing economic…
Mexican Peso gains despite Moody’s negative outlook
Mexican Peso appreciates and shrugs off bad credit outlook review, strong US data.
Moody's revises Mexico’s credit outlook to negative, citing concerns over…
Amgen, Merck stocks dive as Trump picks anti-vaxxer RFK Jr. to lead US healthcare
Trump bump may be over as US stocks get slammed on Friday.
Pharmaceutical stocks like Amgen and Merck have both sold off.
Trump names anti-vaccine…
Australian Dollar finishes the week with a rebound as the USD eases
The US Dollar Index has pulled back from its yearly high, helping to limit the decline of the Aussie Dollar.
Weak Australian labor data pushes the pair…
Canadian Dollar sheds further weight, slides into fresh multi-year lows
The Canadian Dollar continued its march lower on Friday.
Canada remains inconsequential on the economic calendar.
CAD traders to wait for next Tuesday’s…
Gold marks sixth-day of losses on Powell’s slightly hawkish rhetoric
Gold price dips below $2,570 head for an over 4% weekly decline.
Jerome Powell indicates the Fed is cautious about cutting rates despite positive US…
Dow Jones Industrial Average backslides 300 points on bearish Friday
The Dow Jones fell seven-tenths of a percent on Friday.
Stocks are paring back recent election-fueled gains.
US Retail Sales beat forecasts, but still grew…
Silver Price Forecast: XAG/USD remains bearish biased, dips below $30.30
Silver struggles to maintain momentum, hovering near the 100-day SMA at $30.34 with a downward bias.
Potential further decline could see silver test key…
NZD/USD Price Analysis: Pair saw a volatile session, high near 20-day SMA then retreated
NZD/USD pair traded volatile during Friday's session, clearing all of its daily gains.
Pair initially soared to a high around 0.5970 near the 20-day SMA…