There is a chance for US Dollar (USD) to test the major support at 7.1200 before…
Category: Forex
EUR quiet ahead of ECB Thursday – Scotiabank
The Euro (EUR) is quietly consolidating in a tight range and entering Monday’s NA session unchanged…
USD/JPY rebound stalls below 200-DMA – Société Générale
USD/JPY has bounced from its August low near 146.20 but remains capped by the 200-day moving…
GBP is looking well supported – Scotiabank
The Pound Sterling (GBP) is trading with modest support and entering Monday’s NA session with a…
JPY is weak and underperforming – Scotiabank
The Japanese Yen (JPY) is weak, down 0.3% against the US Dollar (USD) and underperforming all…
Will Nonfarm Payrolls revisions hint at a 50 bps Fed cut next week?
The BLS will release the preliminary benchmark revision to employment data on Tuesday. Markets widely expect…
EUR/GBP edges lower as France confidence vote puts Euro under pressure
EUR/GBP trades subdued above 0.8660 as markets await France’s confidence vote later on Monday. French PM…
Oil eases after failed attempt to reclaim $63
WTI edges lower on Monday, trimming earlier gains after facing stiff resistance near $63.00. OPEC+ agrees…
Gold surges past $3,600 on Fed rate cut bets and safe-haven demand
Gold hits fresh record highs above $3,600 as safe-haven demand and Fed rate cut bets drive…
AUD focuses on Consumer Confidence
The Australian Dollar (AUD) starts the week on a positive note against the US Dollar (USD),…