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Forex
Silver declines to near $80.00 as traders book profits
Silver price falls to near $80.15 during the Asian trading hours on Wednesday. The white metal edges lower as traders book some profits ahead of the key US economic data later this…
AUD/JPY weakens below 105.50 after softer Australian CPI inflation data
The AUD/JPY cross declines to around 105.40, snapping the four-day winning streak, during the Asian trading hours on Wednesday. The Australian Dollar (AUD) faces some selling…
GBP/USD steadies near 1.3500 as traders await key US data
The GBP/USD pair oscillates in a narrow range, around the 1.3500 psychological mark during the Asian session on Wednesday, and for now, seems to have stalled the previous day's…
USD/JPY advances above 156.50 as risk-on sentiment undermines Japanese Yen
The USD/JPY pair gains ground to near 156.65 during the early Asian session on Wednesday. The Japanese Yen (JPY) softens against the US Dollar (USD) as the impact of the shock US …
EUR/USD slides below 1.1700 as slowdown in Europe, weighs
The EUR/USD dives over 0.28% on Tuesday even though economic data in the United States (US) was mixed, while Federal Reserve officials delivered neutral-to-dovish comments.…
Gold nears $4,500 as geopolitical fears trump rising yields, US Dollar
Gold price (XAU/USD) rallies on Tuesday for the fourth straight day, shy of reclaiming the $4,500 figure even though US Treasury yields rise along with the Greenback, which is also…
Australia CPI inflation set to ease to 3.7% YoY in November
The Australian Bureau of Statistics (ABS) will publish the Consumer Price Index (CPI) data for November at 00:30 GMT on Wednesday.This is the second complete monthly CPI report, as…
XAG/USD explodes above $80 as rally extends
Silver (XAG/USD) continues to rise parabolically, up more than 5%, trading above the $80.00 threshold a troy ounce, despite rising US Treasury yields and a strong US…
Cautious optimism ahead of US employment data
What you need to know on Wednesday, January 7:The US Dollar (USD) seesawed between gains and losses but held within familiar levels across the FX board. The US Dollar Index (DXY)…
Market breadth mystery
S&P 500 and Nasdaq premarket push did hold this time, so it was time to join for a few short hours on the ES long side. If you look at the Nasdaq hourly chart, the picture is…