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Markets
USD/CHF rises as US data boosts sentiment, Fed rate cut outlook
USD/CHF trades around 0.8070 on Friday, up 0.10% on the day at the time of writing, as the US Dollar (USD) finds moderate support from mixed but generally resilient US data…
Double-top signals fatigue, but the broader uptrend is not broken
Silver (XAG/USD) trims a part of its earlier losses on Friday after marking a fresh weekly low at $48.64. At the time of writing, the metal is trading around $49.69, recovering…
GBP/USD firm as Fed easing bets outweigh soft US PMI signals
The Pound Sterling turns positive in the day as traders increase their bets that the Federal Reserve could cut rates at the December meeting. The GBP/USD trades at 1.3082 up…
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EUR/USD weakens as strong US PMI contrasts with softer Eurozone data
The Euro (EUR) remains under pressure against the US Dollar (USD) on Friday, even as the Greenback trades broadly flat, with traders weighing fresh US economic data and rising bets…
EUR/USD pressured as USD gains traction on uneven data and Fed divide
EUR/USD posts moderate losses during the North American session on Friday as the US Dollar (USD) holds firm after the release of mixed economic data and dovish comments by Federal…
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Dow Jones rebounds on hopeful Friday
The Dow Jones Industrial Average (DJIA) caught a healthy rebound on Friday, climbing over 700 points to round out an otherwise bearish trading week. Key Federal Reserve (Fed)…
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Momentum eases but trend structure stays firmly bullish
The Japanese Yen (JPY) strengthens against the US Dollar (USD) on Friday, with USD/JPY snapping a four-day winning streak after fresh verbal intervention warnings from Tokyo…