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Markets
Unraveling Nifty & Bank Nifty’s crash via Elliott Wave [Video]
In the latest episode, we dissect a dramatic session in the Indian markets. Both Nifty and Bank Nifty opened with substantial gap-ups, only to rally briefly before sharply…
USD/JPY retreats amid US Dollar weakness, BoJ decision and Japan CPI in focus
The Japanese Yen (JPY) regains some ground against the US Dollar (USD) on Thursday, with USD/JPY edging lower amid broad weakness in the Greenback. At the time of writing, the pair…
Markets rally as US-EU tensions ease, Gold hits record high
Here is what you need to know on Friday, January 23:Risk aversion eased after US President Donald Trump reiterated that he had agreed with NATO on "the framework of a future deal…
Gold hits record above $4,900 as rally extends despite risk-on mood
Gold (XAU/USD) surges for the fourth consecutive trading day on Thursday, hitting a fresh record high of $4,906, even as risk appetite improved and tensions between the US and…
EUR/USD edges higher as weaker US Dollar offsets solid US data
The Euro (EUR) edges higher against the US Dollar (USD) on Thursday, supported by a broadly weaker Greenback as traders shrug off solid US economic data. At the time of writing,…
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XAG/USD consolidates near record highs on easing US-EU tensions
Silver (XAG/USD) regains some ground on Thursday but lacks follow-through, consolidating near record highs as a modest improvement in risk sentiment tempers safe-haven flows. At…
GBP/USD rallies as US–EU trade de-escalation lifts risk appetite
GBP/USD rises during the North American session amid an improvement of risk appetite, following a de-escalation of the trade-war between the US and Europe. Meanwhile, traders shrug…
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GBP gains on higher UK CPI, Retail Sales
Pound Sterling gains on higher UK CPI, Retail Sales and flash PMI data awaitedThe Pound Sterling (GBP) trades higher against its major currency peers, except antipodeans, during…