Forex

S&P/TSX 60 Elliott Wave Analysis Trading Lounge Day Chart. S&P/TSX 60 Elliott Wave technical analysis Function: Bullish Trend. Mode: Impulsive.…

US Nonfarm Payrolls are forecast to rise 160K in August after gaining merely by 114K in July. The United States Bureau of Labor Statistics will release…

WTI prices remain subdued near 68.37, the lowest level since December 2023, which was recorded on Thursday. Crude Oil prices lost ground due to demand fears…

The Japanese Yen appreciated as rising Labor Cash Earnings bolstered the odds of further BoJ rate hikes. BoJ’s Takata stated that "if the economy and prices…

Gold price continues to draw support from dovish Fed-inspired USD selling bias.  Worries about a US economic downturn further underpin the safe-haven metal.…

The Australian Dollar halted its two-day winning streak despite the hawkish RBA outlook. RBA Governor Michele Bullock stated that it is too early to…

EUR/USD consolidates its recovery gains from over a two-week low touched Tuesday.  Investors keenly await the US employment details before placing fresh…

Federal Reserve Bank of Chicago President Austan Goolsbee said on Friday that the longer-run trend of labor market and inflation data justify the Fed easing…

EUR/USD rose on Thursday, climbing back over 1.1100. Gains remain limited after miss in EU Retail Sales. US NFP print due on Friday takes the center stage…

USD/CAD holds steady around 1.3500 in Friday’s early Asian session.  US ISM Services PMI came in stronger than expected, while private sector payrolls grew…