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Markets
XAU/SD extends its recovery to the $4,400 area
Gold (XAU/USD) accelerated its recovery on a holiday-thinned session on Friday, with markets in Japan and China closed for the New Year festivities. The precious metal is 1.75% up…
EUR/USD depreciates in quiet trading with US manufacturing data on tap
EUR/USD extends losses on Friday's European session, trading near 1.1720 heading into the US trading session, down from highs past 1.1800 in late December. The disappointing…
USD/CHF stalls below 0.7940 in a calm New Year session
The US Dollar is trading practically flat against the Swiss Franc, right below the 0.7940 line, ahead of the US session opening on Friday, The pair has edged up from three-month…
GBP/USD dips below 1.3450 following final UK manufacturing PMI data
The Pound has been rejected at 1.3475 on the early London trading session on Friday, and retreated to session lows at the 1.3450 area at the time of writing. The pair has turned…
EUR/GBP drifts lower, nearing 0.8700 after Eurozone, UK manufacturing data
The EUR/GBP extended losses for the third day in a row, although it remains trapped within a tight range, roughly between 0.8700 and 0.8740, in the aftermath of a series of…
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AUD/USD jumps above 0.6700 on risk appetite, RBA tightening hopes
The Australian Dollar is the best performer among major currencies in an otherwise calm start tobe the year. The Aussie appreciates nearly 0.5% against the US Dollar in the daily…
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Hovers around 1.3700 below nine-day EMA
USD/CAD posts little losses, trading around 1.3700 during the European hours on Friday. The technical analysis of the daily chart shows an upside breakout above a bullish…
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