Forex

AUD/JPY bulls pushed the pair higher to 96.80 on Thursday, extending its recovery. Technical indicators are improving, the RSI scaped oversold terrain and…

Dow Jones climbed around 700 points on Thursday. US equities are attempting a recovery for the third time. Risk appetite is slowly rebuilding as investors…

Mexican Peso accelerates on high inflation data. Market participants divided on Banxico's next move: hold or cut rates. US jobless claims arrive below…

Strong Initial Jobless Claims data triggers the USD, yet aggressive easing might limit the upside. Investors await further clues on the US economy. Markets…

Will Gold bugs manage to withstand this wave of selling activity? Price action over the past months has resulted in capitulation from macro funds and…

EUR/USD falls sharply as the US Dollar recovers after lower US Initial Jobless Claims. Investors see the Fed cutting interest rates aggressively this year.…

Initial Jobless Claims rose by 233K vs. the previous week. Continuing Jobless Claims rose to 1.875M. US citizens that applied for unemployment insurance…

Natural Gas drops over 1.5% on Thursday after a stellar 8% surge earlier in the week.  Some profit-taking took place after headlines emerged that Ukraine…

There is a lot of focus today on whether Banxico will cut its high policy rate to 10.75% from 11.00% when it meets tonight. It has been on hold since it…

Gold price hovers near $2,400 as the US Dollar and bond yields correct. The Fed is expected to cut interest rates by more than 100 bps this year. Investors…