Forex

Gold has corrected back from chart resistance in the $2,470s after the release of strong US retail sales data.  Lower US initial jobless claims brought more…

Silver attracts fresh sellers and reverses a part of Thursday’s move up to a nearly two-week top. The technical setup favors bearish traders and supports…

The Japanese Yen advances due to rising odds of a further rate hike by the BoJ. Due to political uncertainty, the Yen may face challenges; Prime Minister…

EUR/GBP holds losses after the positive UK Retail Sales data release on Friday. UK Retail Sales improved by 0.5% and 1.4% for MoM and YoY, respectively, in…

GBP/JPY edges lower as the economic growth in Japan raises bets of a further rate hike by the BoJ. The risk-sensitive GBP receives support from the improved…

GBP/USD extends its gains due to improved risk sentiment following improved US Retail Sales. The Pound Sterling appreciates as UK Retail Sales data is…

WTI edges lower on Friday and erodes a part of the previous day’s positive move. China’s economic woes and an unexpected build in US inventories exert…

The Australian Dollar advances further due to hawkish sentiment surrounding the RBA. RBA Governor Michele Bullock does not anticipate rate cuts in the near…

Reserve Bank of Australia Governor Michele Bullock said on Friday that the central bank remains focused on the potential upside risks to inflation, adding that…

EUR/USD pitched lower despite Thursday’s improved risk appetite. US Retail Sales climbed much higher than expected. US data to dominate the remainder of…