Forex

Bank of Japan (BoJ) Kazuo Ueda hit newswires late Thursday, noting that while BoJ policymakers remain hopeful for a soft landing economic scenarios, moves in…

European Central Bank (ECB) Governing Council Member Martins Kazaks noted late Thursday that the case for European interest rates is very likely on the lower…

US Dollar falls on profit-taking after a solid week. Flash US PMI signaled solid business activity in October. Two more Fed rate cuts in 2024 remain on the…

IBM stock sinks nearly 7% on Q3 earnings miss. Revenue in third quarter missed Wall Street consensus by $110 million. Morgan Stanley lowers price target on…

Mexican Peso consolidates as Mexico’s headline inflation rises slightly in early October. IMF projects Mexico’s GDP growth at 1.5% in 2024, compared to a…

The US Dollar remains under pressure form profit taking after Continuing Jobless Claims reach a fresh 3-year high The risk-off tone for this week is being…

EUR/USD holds support near 1.0760 while the near-term outlook remains downbeat amid weakness in Eurozone business activity. Traders look for fresh cues…

Gold recovers, aided by a rise in geopolitical risks after a steep sell-off on the previous day.  Speculation that a BRICS Gold-backed currency could become…

Crude Oil struggles to hold gains this Thursday, attempting to move away from $70.00 and looking for more upside.  Markets are pricing in a new escalation…

 Initial Jobless Claims rose to 227K, down from the previous week's 242K. Continuing Jobless Claims climbed to 1.897M in the week ending October 11. US…