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Markets
US Dollar Index (DXY) reaches resistance near 100.50 ahead of the NFP release
The US Dollar is trading higher across the board on Thursday as investors pare back bets of a Fed interest rate cut in December. The USD Index, which measures the value of the…
XAU/USD slumps to near $4,050 as traders pare dovish Fed bets
Gold price (XAU/USD) trades 0.5% lower to near $4,052.00 during the European trading session on Thursday. The yellow metal faces selling pressure as traders have trimmed bets…
USD/CNH holds mid-range amid policy stability – BBH
USD/CNH remains near the middle of its multi-month range as China keeps key loan rates and the 7-day reverse repo unchanged. Authorities are reportedly considering mortgage…
WTI Crude languishes below $60.00 as oversupply concerns remain alive
Oil prices have ticked up from Wednesday’s lows at $58.65, reaching session highs above $59.60 at the time of writing. A new set of US sanctions on Russia takes effect on November…
Gold falls, according to FXStreet data
Gold prices fell in India on Thursday, according to data compiled by FXStreet.The price for Gold stood at 11,554.31 Indian Rupees (INR) per gram, down compared with the INR…
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US Dollar rises on easing Fed rate cut bets, focus shifts to NFP
Here is what you need to know on Thursday, November 20:The US Dollar (USD) outperformed its rivals midweek as the minutes of the Federal Reserve's (Fed) October policy meeting fed…
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Canadian Dollar flat lines above 1.4050, all eyes on US NFP data
The USD/CAD pair holds steady near 1.4060 during the early European session on Thursday. Traders brace for the upcoming US Nonfarm Payrolls (NFP) data to provide clues about the…
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