The Dow Jones Industrial Average (DJIA) made slim gains on Friday, climbing another 150 points and…
Category: Forex
Fed poised for third straight cut, BoC seen on hold – RBC
Dual central bank interest rate decisions from the U.S. Federal Reserve and the Bank of Canada…
GBP holds steady amid quiet trading – Scotiabank
The Pound Sterling (GBP) trades little changed in subdued market conditions, with sentiment influenced by broader…
USD consolidates near weekly lows amid weak labor data – BBH
US Dollar (USD) is consolidating this week’s losses and trading near the lows of the week.…
NZD/USD bounces up to fresh highs at 0.5780 amid US Dollar’s weakness
The New Zealand Dollar maintains its bullish trend against its US counterpart intact. Downside attempts have…
US Dollar Index (DXY) hovers near multi-week low ahead of US PCE data
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to…
WTI holds below $60.00, Fed rate cut bets cushion losses
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.45 during the Asian trading hours…
Japanese Yen drifts higher to near 155.05 on Fed rate cut expectations
The USD/JPY pair remains weak near 155.05 during the early Asian session on Friday. Rising bets…
Dow Jones sheds 100 points on Thursday
The Dow Jones Industrial Average (DJIA) spun in a tight circle near 48,000 on Thursday before…
EUR/USD softens after eight-day rally ahead of key US PCE, Eurozone data
The Euro (EUR) trades slightly lower against the US Dollar (USD) on Thursday, weighed down by…