Forex

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 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…

EUR/USD finds a temporary cushion near 1.1030 amid a slight correction in the US Dollar. The US Dollar falls as the US ISM Manufacturing PMI data signaled a…

The Euro (EUR) traded a touch softer, but range remains subdued, OCBC FX strategists Frances Cheung and Christopher Wong note. ECB may lower rate again on…

AUD/JPY extends losses following the Jibun Bank Services PMI data on Wednesday. Japan’s Services PMI came in at 53.7 in August, against the estimated 54.0,…

Here is what you need to know on Wednesday, September 4: Major currency pairs continue to trade within familiar ranges early Wednesday as markets await the…

Emini S&P September futures broke out to the downside of the 10 day range is with a break below 5575/5560The low & high for the last session were 5595…

The Australian Dollar remains weaker following the mixed economic data on Wednesday. The Bank of America has revised its economic growth forecast for…

The Japanese Yen edges higher following the Jibun Bank Services PMI on Wednesday. Japan’s Yoshimasa Hayashi monitors domestic and international market…

Indian Rupee trades flat in Wednesday’s Asian trading hours.  Possible RBI interventions and lower crude oil prices might support the INR, while firmer USD…