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Forex
Mexican Peso rebound stalls due to political risks
The Mexican Peso stalls in its recovery amid rising chances of Donald Trump winning the US presidential election.
Further attempts by deputies to limit the…
How sound is this S&P 500 recovery
S&P 500 retraced some of Wednesday‘s decline, dipped after the open only to push higher into the close – again, and again clients profited both short and long (Ellin‘s TSLA…
EUR/USD: ECB policymakers favour measured cut – Scotiabank
ECB policymakers have perhaps said all that can possibly be said about the outlook for rates this week. The upshot of the range of comments from key officials…
The oil price, burdened by demand concerns, is set to rise – Commerzbank
A slight improvement in business sentiment in China would probably lend support to oil prices. After all, weak demand in the world's second-largest oil…
GBP/USD: Markets overlook budget concern – Scotiabank
The Pound Sterling (GBP) is a mild outperformer on the session, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
GBP outperforms moderately
“Markets…
Gold trades sideways, underpinned by haven flows
Gold trades in a $50 range, below the recent $2,758 record high, as it remains underpinned by haven flows.
Relentless bombing by Israel and increased…
Silver Price Forecast: XAG/USD recovers intraday losses after US Durable Goods Orders data
Silver price rebounds after the release of the US Durable Goods Orders data for September.
Fresh demand for US core goods contracted steadily by 0.8%.…
Crude Oil jumps over 1% and pops back above $71
Crude Oil dips back near $71.00 as markets price in a fresh string of events in Israel.
US Secretary of State Blinken tries to step up diplomatic efforts,…
EUR/USD extends recovery as US Durable Goods Orders decline steadily
EUR/USD extends its upside to near 1.0830, but the downside bias remains firm due to multiple headwinds.
Traders expect the ECB to announce a sizeable…
GBP/USD Price Forecast: Climbs to three-day peak, approaches 1.3000
GBP/USD remains above the 100-day SMA at 1.2967, with a break above 1.3000 potentially targeting 1.3015 and weekly high of 1.3057.
RSI signals mild bullish…