Forex

Atlanta Federal Reserve President Raphael Bostic said on Friday that they are going to have to think hard about what's happening in labor markets, per Reuters.…

AUD/USD is correcting within its short-term uptrend.  The pair broke below a key trendline but has recovered over recent periods.  AUD/USD corrects back…

USD/CAD dips to near 1.3580 amid multiple headwinds. Canadian Retail Sales fell by 0.3% in June, as expected, amid weak demand for automobiles. Investors…

EUR/USD is consolidating, trading essentially flat on the day as markets await the Powell comments, Scotiabank’s Chief FX Strategist Shaun Osborne notes. The…

Oil pops to $74.00 with expectations of OPEC acting, taking place. Morgan Stanley cuts its Brent Oil price forecast by $5 to $80 per barrel for the end of…

After a period of short covering, CTAs are now set to add back their shorts in platinum markets in nearly every scenario for prices over the coming week, TDS…

US Dollar sells off on the back of Fed Chairman Powell's comments.  Fed Chairman Powell delivers on market expectations and confirms cuts are coming and…

The Pound Sterling rallies against the US Dollar after Fed Powell communicated a dovish guidance on interest rates. Jerome Powell vows to support labor…

Traders react by selling the Greenback, pushing EUR/USD to its highest level of the year at 1.1183. Fed Chair Powell signals readiness to adjust policy,…

Bank of England (BoE) Governor Andrew noted late Friday that inflation still remains a key sticking point for the UK's central bank, though many price…