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Forex
Canadian Dollar flattens on tepid Friday
The Canadian Dollar continues to churn in the midrange.
Canada remains on the back burner after CPI inflation fizzled this week.
CAD traders are facing a…
Australian Dollar declines as USD recovers
Upbeat Aussie Employment data strengthens case for RBA to maintain its current interest rate policy.
Aussie shows little reaction to PBoC's decision to…
Dow Jones Industrial Average holds on to close above 42,000 on Friday
The Dow Jones is inching back into record highs on Friday.
The index continues to find play above 42,000 in the post-Fed glut.
The Dow Jones stock index…
USD/JPY Price Forecast: Records back-to-back days of gains, stays below 144.00
USD/JPY on track for a positive weekly close, yet still under key resistances, maintaining the downtrend.
Resistance challenges include Kijun-Sen at 144.40…
NZD/JPY Price Analysis: Bullish momentum remains, indicators gather strength
The NZD/JPY rose by nearly 0.90% to 89.80 on Friday.
The RSI is in positive territory and rising, indicating buying pressure.
The MACD is showing rising…
NZD/USD Price Analysis: Neutral outlook as bulls and bear fight for the lead
The NZD/USD upside seems to be limited as buying and selling forces struggle for dominance.
The RSI suggests a neutral outlook, while the MACD indicates…
US Dollar sees some light ahead of the weekend
US Dollar is gaining strength after Fed decision volatility.
New York Fed's Nowcast model predicts robust economic growth in third and fourth quarters.
Fed…
Gold records all-time high, surpasses $2,600
Gold surges to new all-time high above $2,600, fueled by expectations of further Fed rate cuts.
Safe-haven demand spikes due to escalating tension between…
China’s Gold demand weakens as price reaches new record highs – Commerzbank
The upside potential in the Gold market may have been largely exhausted after the new record high of $2,600 per troy ounce, Commerzbank’s commodity analyst…
BoC’s Macklem: AI could destroy more jobs than it creates
Bank of Canada Governor Tiff Macklem said on Friday that the adoption of artificial intelligence (AI) could add to inflationary pressures in the near term, per…