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GBP/USD Price Analysis: Drops to two-week low, bears await break below 38.2% Fibo. level
The Forex Market· 1 day agoSpot prices currently trade just below the 1.2900 mark, down 0.15% for the day amid a modest US...
Forex Today: Investors now look at US GDP data
The Forex Market· 11 hours agoThe incessant appreciation of the Japanese currency hurt the Greenback, dragging USD/JPY to new two-month lows near the 153.00 region.
Gold price tanks over 1.50% as traders book profits
The Forex Market· 5 days agoIn the meantime, Federal Reserve policymakers continued to turn slightly dovish yet failed to undermine the US Dollar.
Pound Sterling remains on back foot as weak UK Retail Sales prompt BoE rate cuts
The Forex Market· 3 days agoGrowing speculation for Trump’s victory has improved the US Dollar’s appeal. A sharp decline in UK...
Mexican Peso depreciates against US Dollar as USD/MXN rises above 18.30
The Forex Market· 8 hours agoMexican Peso depreciates over 1% against USD, trades above 18.30. INEGI’s mid-month inflation data...
Dollar slides as Biden quits US election race
Yahoo Finance UK· 3 days ago"The bottom line is what the polls show this week," Capurso said, explaining that a decline in odds for a Trump win should see the dollar weaken, and...
Forex Today: Investors’ attention now looks at Fedspeak
The Forex Market· 6 days agoA decent rebound encouraged the USD Index (DXY) to flirt once again with the 104.00 region amidst a...
Gold prices rebound on US yields dip, ahead of US data
The Forex Market· 1 day agoTraders await crucial economic data, including June’s inflation and Q2 GDP, to gauge the Fed’s next...
EUR/USD hovers near key support of 1.0870 ahead of US data-packed week
The Forex Market· 3 days agoA few ECB policymakers remain comfortable with expectations of two more rate cuts. The US Dollar...
Forex Today: Global PMIs take centre stage
The Forex Market· 1 day agoThe risk-off sentiment prevailed on Tuesday, motivating the Greenback to regain some balance despite yields retreated in the global money markets.