Forex

USD/CAD consolidates below 1.3600 ahead of Fed Harker’s speech. The Fed is expected to cut interest rates further by 75 bps this year. The BoC may likely…

The Mexican Peso continues falling on Friday.  Continued domestic woes and technical trading may be weighing on MXN.  Technically, USD/MXN finds a firm…

Gold breaks to new record highs on Friday as central banks worldwide are expected to follow the Fed’s example.  The precious metal shot to a new high after…

DRREDDY Elliott Wave technical analysis Function: Counter Trend (Minor degree, Grey).  Mode: Corrective.  Structure: Zigzag/Flat unfolding.  Position:…

The Pound Sterling (GBP) appears to have enough momentum to test 1.3320 before leveling off. In the longer run, price action continues to suggest GBP strength;…

Speaking at the post-policy meeting press conference on Friday, Bank of Japan (BoJ) Governor Kazuo Ueda said that the Bank “will analyze the impact of whether…

European Central Bank (ECB) Vice President Luis de Guindos said on Friday, “we will have more information in December than in October.” “We have left the door…

EUR/GBP extends its decline as the Pound Sterling gains support from the BoE’s decision to maintain its interest rate. UK Retail Sales rose by 1.0% MoM in…

The Japanese Yen maintains its position as the BoJ keeps its interest rate at 0.15% at Friday's meeting. Japan's Consumer Price Index rose to 3.0% YoY in…

USD/CAD hangs near a two-week low touched amid a dovish Fed-inspired USD downtick. The recent rally in Oil prices underpins the Loonie and contributes to…