EUR/USD falls below 1.0250 due to increased likelihood of Fed keeping rates steady
EUR/USD remains subdued for the fifth consecutive session, holding its position around 1.0240 during the Asian trading hours. The pair faces challenges as the US Dollar (USD) strengthens following ...
USD/CAD extends the rally above 1.4400 on bullish US Dollar
The USD/CAD pair extends its upside to near 1.4430 during the Asian trading hours on Monday. The potential US trade tariffs drag the Canadian Dollar (CAD) lower against the Greenback. However, the ...
China Foreign Exchange Committee pledges to support the Yuan
China Foreign Exchange Committee (CFXC) vowed to support the Chinese Yuan in a meeting held in Beijing under the guidance of the People’s Bank of China (PBOC) on Monday. The meeting discussed ...
PBOC sets USD/CNY reference rate at 7.1885 vs. 7.1891 previous
On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1885 as compared to Friday's fix of 7.1891 and 7.3442 Reuters estimates.
GBP/USD languishes near its lowest level since November 2023, around 1.2200 mark
The GBP/USD pair enters a bearish consolidation phase at the start of a new week and languishes near its lowest level since ...
Elliott Wave analysis: SP500, NASDAQ 100, Apple, Tesla and major markets [Video]
Each of the covered markets is currently positioned within specific Elliott Wave counts, providing a clear framework for technical analysis and trading strategies: S&P 500 (SPX): Wave 4 Experiencing a ...
Asia markets brace for a turbulent start on Monday
If the tumultuous response in U.S. stocks, bonds, and the dollar to the red-hot U.S. employment report is any sign, Asia markets are set for a turbulent start on Monday. Expectations are set for a ...
US and UK tighten sanctions on Russian oil industry
At the time of writing, the WTI pair is trading 1.57% higher on the day to trade at $77.10.
Canadian PM Trudeau says has counter-tariffs ready If Trump launches a trade war
Canadian Prime Minister Justin Trudeau said on Sunday that Canada is ready to respond with counter-tariffs against the United ...
Week ahead: US CPI inflation takes centre stage
As you would expect, the US dollar (USD) immediately rallied higher following the jobs report but failed to gain much ...
Gold prices decline following strong Nonfarm Payroll report
Following the release of the Non-Farm Payroll data, Gold Futures for the February contract dropped to a low of $2686.90 range per ounce. However, after hitting a new low, the price rebounded sharply, ...
AUD/USD holds below 0.6150 on bullish US Dollar, stronger US NFP report
The AUD/USD pair remains on the defensive around 0.6145 during the early Asian session on Monday. The US job growth came in stronger than expected in December, supporting the US Dollar broadly.