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Markets
GBP/USD extends mean reversion as investors brace for Fed
GBP/USD eased back toward the midrange on Tuesday, shedding around one-fifth of one percent after facing an intraday technical rejection from the 1.3350 level. Price action has…
Trump opens new fronts in federal regulation battle
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldEfforts to whittle away US regulations are set to…
Japanese Yen falls to near 157.00 on robust US jobs data, Fed rate decision in focus
The USD/JPY pair climbs to two-week highs near 156.90 during the early Asian session on Wednesday. The stronger US jobs data provide some support to the US Dollar (USD) against the…
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Canadian Dollar spins in place as Fed rate call looms
The Canadian Dollar (CAD) struggled to find momentum on Tuesday, holding steady against an equally-sluggish US Dollar (USD) as investors brace for the last Federal Reserve (Fed)…
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Record high at $60.75, but RSI signals caution
Silver (XAG/USD) price extended its gains on Tuesday and refreshed its previous all-time high of $60.57 hit earlier, gaining more than 4% on the day and, so far, 110% year to date.…
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Dow Jones stumbles ahead of Fed rate call
The Dow Jones Industrial Average (DJIA) withered on Tuesday, shedding another 120 points in a second straight soft day. Rate-cut-hungry markets hunker down for the wait to this…
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