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Forex
AUD/USD dips below 0.6500 as unemployment rises, RBA cuts eyed
AUD/USD declines by 0.38% on Thursday to trade around 0.6490 at the time of writing, back below the 0.6500 mark, weighed down by weaker-than-expected labor market data pointing to…
USD/CAD steadies amid US-China trade tensions, markets await BoC Governor’s speech
The Canadian Dollar (CAD) steadies against the US Dollar (USD) on Thursday as the Greenback remains under pressure amid escalating US-China trade tensions and growing expectations…
JPY underperforming on broader market tone – Scotiabank
The Japanese Yen (JPY) is soft, down 0.2% against the US Dollar (USD) and underperforming all of the G10 currencies in an environment of renewed risk appetite, Scotiabank's Chief…
Gold surges past $4,250 on safe-haven flows and dovish Fed expectations
Gold (XAU/USD) soars to yet another record high on Wednesday, pushing deep into uncharted territory as safe-haven demand remains firmly in play amid mounting geopolitical and…
Bank of America (BAC) rallies strongly from the buying zone
In this technical article, we are going to present Elliott Wave trading setup of Bank of America (BAC) . The stock completed its corrective decline precisely at the Equal Legs…
EUR/USD correction driven by position adjustment – Rabobank
Since mid-September EUR/USD has corrected lower. In our view this move was determined by position adjustment, Rabobank's FX analyst Jane Foley reports. EUR/USD slides to 1.16 as…
EUR/USD remains sterady as french PM Lecornu secures lawmakers’ support
EUR/USD is trading higher for the third consecutive day on Thursday and changes hands at one-week highs beyond 1.1650 at the time of writing. Investors' concerns about the…
Pound Sterling outperforms its peers as UK GDP returns to growth
The Pound Sterling (GBP) gains against its major peers on Thursday after the release of the United Kingdom (UK) monthly Gross Domestic Product (GDP) and factory data for August.…
Gold extends record-setting run amid safe-haven demand, dovish Fed
Gold (XAU/USD) sticks to its bullish bias through the first half of the European session and currently trades near the all-time peak touched earlier this Thursday amid a supportive…
NZD/USD holds gains near 0.5750 due to prevailing US-China trade tensions
NZD/USD halts its seven-day losing streak, trading around 0.5740 during the early European hours on Thursday. The pair holds gains as the US Dollar (USD) struggles as traders adopt…