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Forex
Dow Jones Industrial Average clips fresh record high as consumer sentiment climbs
Dow Jones tapped 44,000 for the first time ever on Friday.
Equities are extending a near-term bullish push to wrap up the trading week.
UoM sentiment…
Mexican Peso plunges on Trump’s policies, focus shift to Banxico
Mexican Peso weakens on fears of Trump-imposed tariffs on Mexican imports.
Banxico expected to cut rates by 25 bps as inflation approaches 3% target.…
Australian Dollar backs off as USD recovers
AUD/USD falls as the USD regains strength.
RBA holds rates steady but remains hawkish, citing inflation risks.
The Fed's neutral outlook suggests caution…
US Dollar adds ground to close a strong week
US Dollar rises after UoM positive data.
Consumer confidence improves, inflation expectations were mixed.
FOMC cuts rates by 25 bps, economic growth…
Gold price slips as US Dollar ignores Fed rate cut
Gold declines as Trump’s win reduces political risk; focus on potential inflationary policies.
US Dollar recovery pressures Bullion despite lower Treasury…
US Dollar upbeat going into the last pieces of data for this week with Michigan Sentiment on the docket
The US Dollar trades off support on Friday after a volatile week and trades sideways.
Jerome Powell reassured markets and reporters on his future as Fed…
Crude Oil unable to avoid Friday’s losses with depressed tone in commodity complex
Crude Oil dips lower again and might be on its way to close below $71.00 for this week.
Traders assess what the Donald Trump victory means, while concerns…
GBP/USD Price Forecast: Falls deeper below 1.3000 on strong US Dollar
GBP/USD turns bearish, with RSI signaling potential for further downside below 1.2900.
Key support lies at 1.2894; a break may lead to 200-day SMA at…
Trump 2.0: A major shift in US economic policy – Rabobank
Trump’s clear and swift victory in the US presidential election has prevented turmoil in financial markets and more importantly political violence in the…
GBP/CAD Price Prediction: Rising Wedge pattern could be vulnerable to break down
GBP/CAD might be completing a bearish Rising Wedge price pattern.
If so, there is an increased risk of a downside break.
GBP/CAD recovers to trade back…