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Forex
Dow Jones Industrial Average flubs a Wednesday recovery
The Dow Jones rallied early Wednesday before dipping back to the open.
US JOLTS data eased back more than expected in July.
Markets have tilted further…
Gold price ticks higher on soft US JOLTS data
XAU/USD rises 0.05% to $2493, with prices rebounding after hitting a daily low of $2471.
Weaker-than-expected US JOLTS report fuels speculation of a 50 bps…
US Dollar declines after weak economic data and neutral Fed outlook
US job openings for July arrived at 7.67 million, weaker than expected.
Fed Beige Book notes modest price increases and slight economic growth.
Markets…
Mexican Peso slips as AMLO’s judiciary reform clears lower house
Mexican Peso on defensive as political turmoil deepens, ignoring foreign investors.
AMLO’s judicial overhaul bill passes Mexico’s lower house, awaiting…
EUR/GBP Price Analysis: Recovery gains momentum, technical outlook mixed
EUR/GBP has extended its recovery from last week's lows, with technical indicators showing signs of improvement.
Mixed signals from RSI and MACD, overall…
GBP/USD Price Forecast: Rises as US data fuels rate cut speculation
GBP/USD breaks above 1.3140, gaining short-term momentum as RSI tilts in favor of buyers.
Clearing 1.3200 opens the door to challenge the YTD peak of…
US Dollar retreats with JOLTS showing substantial decline
The US Dollar eases after JOLTS slides below 8 million.
Markets are pricing in even more rate cuts to come from the Fed.
The US Dollar Index eases…
Breaking: BoC cuts its interest rate by 25 bps as widely expected
The Bank of Canada on Wednesday reduced its key policy rate by 25 basis points to 4.25%, in line with expectations, while signaling concerns that…
CAD holds tight range ahead of expected 25bps BoC cut – Scotiabank
The Canadian Dollar (CAD) is holding close to Tuesday’s closing level ahead of the Bank of Canada policy decision. The Bank is widely expected to cut its…
Silver Price Forecast: Silver finds temporary support at Fibonacci level, RSI oversold
Silver is in a short-term downtrend after rolling over at the late-August high.
The price has found support from a key Fibonacci retracement and is…