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Forex
ECB’s Knot: Further rate cuts coming through the first half of 2025
The European Central Bank (ECB) governing council member Klaas Knot said on Tuesday that the central bank is likely to continue to cut interest rates at least…
EUR/USD recovers ground on Greenback weakness
EUR/USD found its footing on Tuesday, recovering the early week’s lost ground.
Markets have tilted into a short-USD stance on rising hopes for more rate…
Gold rises on soft US data, Middle East woes and Fed rate cut bets
Gold hits a new ATH of $2,664 amid declining US Consumer Confidence and weakening US Dollar, XAU/USD trades at $2,651.
Fed Governor Michelle Bowman signals…
USD/JPY Price Forecast: Struggles at 144.00 tumbles after hitting two-week peak
USD/JPY retreats after a two-week peak of 144.68, dragged down by declining US Treasury yields.
Technical indicators maintain a bearish stance with the pair…
Mexican Peso steadies as US Consumer Confidence dips
Mexican Peso strengthens after US Consumer Confidence deteriorated.
Mexico’s inflation fell below estimates in September, with core inflation easing under…
Canadian Dollar climbs into higher ground as markets move out of the way
The Canadian Dollar gained ground on Tuesday as markets pivot out of Greenback.
Bank of Canada Governor Macklem reaffirmed BoC’s stance.
Markets are…
US Dollar gives up ground after Consumer Confidence data, Fed dovish bets
DXY gave up some ground and fell to 100.60.
Conference Board consumer confidence data for September missed expectations.
Fed speakers are battling the…
Forecast revisions also for Silver, Platinum and Palladium – Commerzbank
In addition to Gold, forecasts revised for the other precious metals, Commerzbank’s commodity analyst Carsten Fritsch notes.
Gold/Silver ratio to remain…
EUR/GBP Price Analysis: Bulls regain some ground as the pair consolidates
EUR/GBP consolidates Monday’s sharp downward movements.
The RSI suggests oversold conditions but the MACD signals a stabilizing selling pressure.
The pair…
Silver gains ground against Gold – TDS
Silver prices have recaptured some ground against Gold this month, likely in relation to its recent underperformance relative to Gold, TDS macro analyst Daniel…