Forex

Short term Elliott Wave view on Gold Miners ETF (GDX) suggests that decline to 33.86 ended wave (4). The ETF has turned higher in wave (5). Internal…

The Indian Rupee may appreciate as US data reinforce the likelihood of an aggressive Fed rate cut. CME FedWatch Tool suggests the likelihood of a 50 bps…

Gold prices rose in Pakistan on Friday, according to data compiled by FXStreet. The price for Gold stood at 22,856.12 Pakistani Rupees (PKR) per…

USD/CAD struggles to attract any meaningful buyers amid broad-based USD weakness. Bets for a larger Fed rate cut, along with a positive risk tone, weigh…

Gold prices rose in Malaysia on Thursday, according to data compiled by FXStreet. The price for Gold stood at 356.49 Malaysian Ringgits (MYR) per…

USD/JPY trades with negative bias for the fourth straight day and hangs near the YTD low. The divergent Fed-BoJ policy expectations turn out to be a key…

NZD/USD rose by 0.70% on Thursday to 0.6180. The RSI is in positive territory with a rising slope, suggesting that buying pressure is increasing If the…

EUR/USD rallied on a weakening Greenback on Thursday. US PPI inflation data failed to spark any major moves, but remained steady. The market’s Fed-centric…

UNH stock fell on Wednesday, Thursday falling reduced odds of Trump victory. UBS says UnitedHealth stands to benefit from Trump presidency. Oppenheimer…

The Dow Jones is still battling to reclaim the 41,000 level. US PPI inflation kept the door open for a Fed rate cut next week. US Initial Jobless Claims…