Forex

The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that tracks a market-cap weighted index composed of 25 of the largest U.S.-listed semiconductor…

USD/CAD remains below 1.3500 after the release of the US PCE inflation and the Canadian GDP data. The US PCE inflation decelerated at a faster-than-expected…

CNY appreciated 0.5% overnight on China’s stimulus hopes, and CNH did better with a 1.0% again, DBS FX analyst Philip Wee notes. Shanghai Composite Index has…

The Mexican Peso seesaws between tepid gains and losses following the Bank of Mexico (Banxico) meeting.  The bank decided to cut interest rates by 25 bps…

The Australian Dollar (AUD) could edge higher, but it is unlikely to be able to break above 0.6930. In the longer run, AUD has to break and remain above 0.6930…

The core Personal Consumption Expenditures Price Index is seen rising 0.2% MoM and 2.7% YoY in August. Markets have already priced in near 50 bps of easing…

Function: Larger Degree Trend Higher (Intermediate Degree Orange).  Mode: Motive. Structure: Impulse. Position: Minor Wave 5 Grey. Details: Minor Wave 5…

AUD/JPY loses ground as Shigeru Ishiba has won the leadership race to become Japan’s prime minister. The Tokyo Consumer Price Index rose 2.2% YoY in…

EUR/GBP gains ground ahead of the speeches from ECB’s Philip Lane and Piero Cipollone on Friday. The Euro may face challenges as the ECB is widely expected…

Gold prices remained broadly unchanged in United Arab Emirates on Friday, according to data compiled by FXStreet. The price for Gold stood at…