Forex

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…

Silver price retreats from $32.30 as investors expect Trump’s protectionist policies could force the Fed to turn hawkish on interest rates. Fed Powell…

Gold weakens on Friday as Donald Trump’s re-election continues to impact the precious metal.  This reverses a short-term bounce following the Federal…

The Fed in its 6/7 Nov 2024 Federal Open Market Committee (FOMC) meeting, unanimously decided to reduce the target range of its Fed Funds Target Rate (FFTR) by…

The US Dollar may well appreciate somewhat further in the coming weeks and months once the consequences of Trump's election victory have been fully priced in,…

The Euro (EUR) is expected to trade in a range between 1.0740 and 1.0840. In the longer run, price action suggests further EUR weakness; the levels to watch…

Gold price met with a fresh supply and eroded a part of the overnight recovery gains. The Trump trade optimism revives the USD demand and weighs on the…

Here is what you need to know on Friday, November 8: Following two days of highly volatile action, financial markets stay relatively quiet early Friday as…

FX option expiries for Nov 8 NY cut at 10:00 Eastern Time, via DTCC, can be found below. EUR/USD: EUR amounts 1.0700 971m 1.0750 1b 1.0785 1.4b 1.0800…

EUR/JPY drifts lower for the second successive day and slides back below the 200-day SMA. Intervention fears offer some support to the JPY and exert…