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Forex
USD/JPY strengthens further beyond 143.00, hits fresh daily peak amid modest USD strength
USD/JPY stages a goodish recovery from over a one-month low touched on Friday.
The JPY is undermined by a downward revision of Japan’s Q2 GDP growth…
Gold price hangs near daily low amid modest USD strength, cautious market mood lends support
Gold price drifts lower for the second straight day amid reduced bets for a larger rate cut by the Fed.
An uptick in the US bond yields underpins the USD…
WiseTech Global Limited Elliott Wave technical analysis [Video]
Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with WISETECH GLOBAL LIMITED - WTC. We see WTC.ASX may be starting to…
NZD/USD flat lines around 0.6170-75 area, just above two-week low set on Friday
NZD/USD struggles to lure buyers amid a modest USD uptick and a softer risk tone.
The mixed Chinese inflation figures do little to impress bulls or provide…
USD/CAD trades with modest losses around mid-1.3500s amid rebounding Oil prices
USD/CAD kicks off the new week on a softer note, though it lacks follow-through selling.
An uptick in Oil prices underpins the Loonie and exerts downward…
WTI appreciates to near $68.00 due to a potential hurricane approaching US Gulf Coast
WTI price gains ground due to the potential approach of a hurricane toward the US Gulf Coast.
An adverse weather is expected to become a hurricane before…
China’s CPI inflation edges higher to 0.6% YoY in August vs. 0.7% expected
China’s Consumer Price Index (CPI) rose at an annual pace of 0.6% in August after reporting a 0.5% growth in July. The market consensus was for a 0.7% increase…
EUR/USD remains below 1.1100, faces challenges due to rising odds of ECB rate cut
EUR/USD may face challenges as recent Eurozone inflation data have strengthened the likelihood of an ECB rate cut.
Friday’s US economic data raised…
Malaysia Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in Malaysia on Sunday, according to data compiled by FXStreet.
The price for Gold stood at 347.72 Malaysian Ringgits…
USD/JPY Price Forecast: Downtrend resumes boosted by falling US yields
USD/JPY downtrend continues, as downward momentum accelerates after volatility from US Nonfarm Payrolls data.
Key support levels include 142.50, 142.00, and…