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US Dollar enters third day of losses with US markets closed for Independence Day
The Forex Market· 7 days agoThe US Dollar (USD) is on track to ease for a third straight day in a row while US traders will not...
Silver Price Forecast: XAG/USD stays in a tight range around $31 with US Inflation in focus
The Forex Market· 1 day agoSilver price trades sideways around $31.00 as investors await the US Inflation report for June. Fed...
USD/CAD remains below 1.3650 due to dovish sentiment surrounding the Fed
The Forex Market· 3 days agoCanada's 10-year government bond yield fell below 3.53%, indicating an accommodative stance by the...
USD/JPY corrects slightly below 161.00 as Japan’s intervention fears intensify, US NFP eyed
The Forex Market· 6 days agoUSD/JPY falls slightly below 161.00 as the US Dollar is under pressure due to firm Fed rate-cut...
USD/CAD holds ground around 1.3650 due to lower Oil prices, hawkish Fed
The Forex Market· 23 hours agoThe commodity-linked CAD struggles as Crude Oil price continues its losing streak for the fourth...
Mexican Peso soars to 9-day high as USD/MXN dips below 18.00
The Forex Market· 2 days agoBanxico minutes likely to signal patience on rate cuts amid steady inflation expectations. The...
US Dollar back at square one this week with all eyes on Powell
The Forex Market· 2 days agoTraders do not bother any further on Tuesday and instead focus on US Federal Reserve (Fed) Chairman...
USD/CAD falls toward 1.3600 ahead of employment data
The Forex Market· 6 days agoUSD/CAD depreciates as softer US data raising speculations of the Fed reducing rates in 2024. US Nonfarm Payrolls are forecasted to show an increase of...
Pound Sterling steadies above 1.2800 ahead of Fed Powell’s testimony
The Forex Market· 2 days agoThe Pound Sterling (GBP) ranges above 1.2800 against the US Dollar (USD) in Tuesday’s London...
Nonfarm Payrolls growth expected to ease in June
The Forex Market· 6 days agoUS Nonfarm Payrolls are expected to rise 190K in June, slowing from May’s 272K increase. The United States Bureau of Labor Statistics will release the Employment report at ...