Forex

Crude Oil support is under pressure as the IEA report adds to the bearish outlook.  The monthly report from the IEA bears no change in the narrative for the…

Gold trades substantially lower due to pressure from US political factors.   It has weakened nearly 7.0% in November so far as a result of Donald Trump and…

EUR/USD sinks to near 1.0500 as the US Dollar extends its rally as Republicans win both houses in the US. The US inflation accelerated expectedly in…

AUD/USD posts a fresh three-month low near 0.6460 as the US Dollar continues to move higher. Trump’s clean sweep will allow him to implement policies…

GBP/JPY remains under pressure ahead of a speech by BoE Governor Andrew Bailey scheduled for Thursday. The Pound Sterling may gain support due to increasing…

Silver price depreciates as risk-sensitive assets advance due to improving risk-on sentiment. The dollar-denominated Silver faces challenges as the US…

FX option expiries for Nov 14 NY cut at 10:00 Eastern Time via DTCC can be found below. EUR/USD: EUR amounts 1.0550 1.1b 1.0600 1.4b 1.0650 2.5b 1.0750…

Here is what you need to know on Thursday, November 14: Following a subdued performance on Wall Street on Wednesday, Asian markets turned south amid…

The USD/CAD pair may approach the upper boundary of the ascending channel at the 1.4080 level. Traders may anticipate a potential downward correction if the…

Short Term Elliott Wave view on Russell 2000 (RTY) suggests rally from 8.5.2024 low is in progress as a 5 waves impulse. Up from 8.5.2024 low, wave 1 ended at…