Forex

Canadian Dollar rises slightly against US Dollar following mixed economic data. Soft US GDP growth and strong ADP Employment Change figure support the USD…

CAT stock sinks more than 5% before recovering completely. Caterpillar earned $5.17 per share in Q3 on revenue of $16.1 billion. A downturn in equipent…

The US economy grew by 2.8% in the third quarter of 2024, roughly in line with expectations. Private consumption and investment in equipment in particular…

GBP/JPY is bullish, but it might have start a consolidation period after a furious rally in October. The RSI in overbought territory while the MACD is green…

UK Chancellor Rachel Reeves said in the Autumn Forecast Statement that the Office for Budget Responsibility (OBR) expects the Consumer Price Index (CPI) to be…

The US Dollar (USD) is trading lower overall to start the day, Scotiabank’s Chief FX Strategist Shaun Osborne notes. USD may find support from GDP data…

Larsen & Toubro Elliott Wave technical analysis Function: Counter Trend (Intermediate degree, orange).  Mode: Corrective. Structure: Impulse, within…

The Pound Sterling wobbles ahead of the UK budget announcement, in which the Labour administration is expected to raise taxes and boost spending. Investors…

The Euro (EUR) held up above 1.08-handle overnight albeit still near 2-month lows. EUR was last seen at 1.0841, OCBC’s FX analysts Frances Cheung and…

Gold price continues scaling new all-time peaks amid US election jitters, Middle East woes. The momentum seems unaffected by elevated US Treasury bond…