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US Dollar recovers while political factors weigh in
The Forex Market· 4 days agoUS Dollar DXY kicked off the week with a slump after a brief rebound at the end of last week but managed to clear daily losses. The anticipated exit of...
Gold price retreats beneath $2,400 as traders await US data
The Forex Market· 2 days agoGold touches $2,432, then stabilizes under $2,400, pressured by US 10-year yields at 4.274%. Gold...
US Dollar gains restricted by falling Treasury yields
The Forex Market· 3 days agoUS Dollar DXY experiences a restricted gain as falling US Treasury yields may pose challenges during...
EUR/USD Forecast: Limited bullish potential in a risk-averse environment
The Forex Market· 2 days agoThe EUR/USD pair extended its slide to 1.0824 on Wednesday, finally finding buyers in the area.
Japanese Yen extends gains as traders expect BoJ to raise interest rates
The Forex Market· 3 days agoThe Japanese Yen (JPY) extends its gains for the third consecutive session on Wednesday, likely due...
WTI trades with modest gains below $79.00 mark, close to over one-month low set on Friday
The Forex Market· 5 days agoThis comes on top of growing acceptance that the Federal Reserve (Fed) will begin its rate-cutting...
Pound Sterling remains on defensive ahead of preliminary UK/US PMI
The Forex Market· 3 days agoThe Pound Sterling (GBP) continues to hold the key support level of 1.2700 against the US Dollar (...
Gold price slides for fourth-straight day as US yields rise
The Forex Market· 4 days agoUS President Biden exits race and endorses VP Harris, creating political uncertainty and undermining...
Indian Rupee weakens after FM Sitharaman hikes Capital Gains tax
The Forex Market· 3 days agoThis week, the US Dollar will be influenced by a slew of US economic data. The Indian Rupee weakens...
Gold bounces off 50-day SMA after US GDP-inspired decline
The Forex Market· 12 hours agoGold is bouncing off support from a major Moving Average after an over 1.0% fall. Traders now await...