The Euro (EUR) failed to sustain gains following the European Central Bank (ECB) decision, even as…
Category: Forex
GBP rally above 1.34 quickly fades – Scotiabank
Pound Sterling’s (GBP) post-BoE push through 1.34 has reversed alongside a broader US Dollar (USD) rebound,…
BoJ hike fails to lift the Yen – Scotiabank
The Bank of Japan’s (BoJ) 25bp rate hike to a 30-year high of 0.75% failed to…
GBP/USD drifts lower as UK data disappoints, BoE-Fed divergence looms
The GBP/USD pair hovers around familiar levels, yet it has dropped below the 1.3400 mark on…
USD/CAD remains range-bound amid mixed US data and softer Canadian Retail Sales
The Canadian Dollar (CAD) trades little changed against the US Dollar (USD) on Friday, as a…
USD/JPY jumps to one-month high as Yen slides after BoJ rate hike
The Japanese Yen (JPY) weakens sharply against the US Dollar (USD) on Friday as the Yen…
Winter Holiday blues after Central Banks’ frenzy
The US Dollar Index (DXY) is on a three-day winning streak, although gains are modest, the…
Gold climbs to $4,350 as safe-haven flows ignore firm US Dollar, yields
Gold (XA/USD) surges during the North American session on Friday, up 0.30% despite rising US Treasury…
XAG/USD hits record $67.45, eyes $68.00 target
Silver price rallies to a new all-time high of $67.45 even though US Treasury yields and…
Gold consolidates below $4,350 amid firm US Dollar
Gold (XAU/USD) Gold (XAU/USD) regains ground on Friday, edging modestly higher after earlier weakness, even as…