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Markets
Gold climbs past $4,330 as jobs data, Venezuela tensions fuel demand
Gold (XAU/USD) rallies on Wednesday, edging up 0.87% following a mixed US jobs report on Tuesday, along with rising tensions of the US-Venezuela conflict and comments by Federal…
US Dollar helped by caution ahead of major events
Here is what you need to know on Thursday, December 18:The US Dollar (USD) found some near-term demand on Wednesday, helped by the poor performance of Wall Street and hawkish…
Upside momentum intact as ECB decision looms
The Euro (EUR) rebounds against the US Dollar (USD) on Wednesday after coming under pressure earlier, as a short-lived recovery in the Greenback fades. At the time of writing,…
FTSE surges, tech suffers and Netflix rises as Paramount shunned by Warner Bros
The bounce in tech names is fizzling out while the FTSE 100 surges, says Chris Beauchamp, Chief Market Analyst at investing and trading platform IG.FTSE 100 at one-month high but…
GBP/USD tumbles under 1.3400 as soft CPI all but guarantees BoE easing
GBP/USD drops below 1.3400 on Wednesday as the latest inflation report in the UK dipped sharply ahead of the Bank of England’s (BoE) monetary policy decision. At the same time, the…
Dow outperformance keeps year-end rally hopes alive
US equities have pulled back over the past few sessions, but the relationship between the Dow Jones and the S&P 500 remains constructive, and that matters more than the…
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Euro softens as US Dollar strengthens – Scotiabank
The Euro (EUR) is soft, down 0.2% against the US Dollar (USD) while outperforming most of the G10 currencies in an environment of broad-based USD strength as we head into…
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EUR/USD consolidates losses as Eurozone figures fail to impress
EUR/USD consolidates previous losses at 1.1715 at the time of writing, down from nearly three-month highs above the 1.1800 line on Tuesday. The US Dollar (USD) is showing a…