Forex

Dow Jones extends into a second day of recovery after recent backslide. Markets have shrugged off recession fears, back to waiting for Fed cuts. Rate…

Commodity Trading Advisors (CTAs) are finally returning to the offer in Gold markets, TDS senior commodity strategist Daniel Ghali notes. Asia remains on a…

The overnight fall in the value of the JPY briefly left the CHF as the best performing G10 currency over the past five sessions this morning. In our view, this…

The Pound Sterling (GBP) is tracking a little higher on the day, Scotiabank’s chief FX strategist Shaun Osborne notes. GBP bulls are moving upwards towards…

Markets are going back to normal programming after the volatile patch on Monday.  A Fed rate cut in September is fully priced in while policymakers try to…

The US Dollar recovers for a second day in a row this week.  The BoJ dropped mixed messages on its monetary policy.  The US Dollar index pops above 103.00…

Further US Dollar (USD) weakness is not ruled out, but the low near 7.0635 is solid support now. Only a breach of 7.2000 would mean that the weakness has…

Oversold decline has not stabilised; the Pound Sterling (GBP) could drop further to 1.2645. The next major support at 1.2610 is highly unlikely to come into…

ABBV Elliott Wave technical analysis Function: Trend  Mode: Impulsive  Structure: Motive  Position: Minor wave 3.    Direction: Upside into wave 3.    …

Here is what you need to know on Wednesday, August 7: Japanese Yen remains as one of the biggest movers among major currencies on Wednesday. The economic…