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Forex
Crude Oil has a meltdown with concerns on demand resurging
Crude Oil falls over 3% on Tuesday with concerns over China hitting markets
Israel remains muted in its reaction to Iran's recent attacks.
The US Dollar…
Pound Sterling outperforms on BoEs slight dovish bets
The Pound Sterling remains vulnerable near 1.3060 against the US Dollar as investors expect the Fed to adopt a gradual rate-cut approach.
Fed’s Williams…
Stocks face a mountain to climb in Q4
Financial markets are mostly in a risk off mood on Tuesday, as China has stopped its drip feed of stimulus, commodity prices fall, Middle East tensions…
USD/CAD reclaims seven-week high near 1.3650 amid weak Canadian Dollar
USD/CAD revisits 1.3650 as the Canadian Dollar weakens amid uncertainty ahead of the employment data for September.
The BoC is expected to extend its…
NZD/USD: Can reach the next major support at 0.6075 – UOB Group
Oversold conditions suggest any decline in the New Zealand Dollar (NZD) is part of a lower trading range of 0.6105/0.6165. In the longer run, NZD still seems…
Silver Price Analysis: XAG/USD seems vulnerable, break below $31.00 awaited
Silver drifts lower for the second straight day and seems vulnerable to decline further.
A bearish multiple-tops pattern formation validates the near-term…
Forex Today: Mood sours as markets await mid-tier data releases
Here is what you need to know on Tuesday, October 8:
Markets hold a cautious tone early Tuesday as investors await the next batch of macroeconomic data…
Elliott Wave view on GDX favors pullback before rally
Short Term Elliott Wave View in GDX suggests the zigzag correction should find support towards extreme areas before resume higher to finish the impulse…
ECB’s Elderson warns of economic growth risks materializing
Frank Elderson, Vice-Chair of the Supervisory Board at the European Central Bank (ECB), warned of economic growth risks materializing, in an interview with the…
United Arab Emirates Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in United Arab Emirates on Tuesday, according to data compiled by FXStreet.
The price for Gold stood at…