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WTI drops to near $77.00 due to increased ceasefire optimism between Israel and Hamas
The Forex Market· 3 days agoWTI price extends its losing streak due to increased optimism surrounding ceasefire negotiations in...
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...
Australian Dollar depreciates due to increased risk-off mood
The Forex Market· 3 days agoThe Australian Dollar (AUD) continues its losing streak for the eighth consecutive day following the...
USD/CAD extends upside above 1.3750, with all eyes on BoC rate decision
The Forex Market· 4 days agoEconomists expect the Fed will cut interest rates twice this year amid the cooler inflation over the...
US PMI data are expected to come in mixed in July
The Forex Market· 4 days agoOn Wednesday, S&P Global will release advanced readings for the United States (US) Purchasing Managers Indexes (PMIs) for July, a monthly survey of...
Gold prices rebound on US yields dip, ahead of US data
The Forex Market· 4 days agoTraders await crucial economic data, including June’s inflation and Q2 GDP, to gauge the Fed’s next...
Mexican Peso tanks over 1% against USD ahead of inflation report
The Forex Market· 4 days agoMexico's economy decelerates, with retail sales missing expectations, fueling a bleak outlook....
US Dollar gains restricted by falling Treasury yields
The Forex Market· 4 days agoUS Dollar DXY experiences a restricted gain as falling US Treasury yields may pose challenges during...
Pound Sterling remains on defensive ahead of preliminary UK/US PMI
The Forex Market· 4 days agoThe Pound Sterling (GBP) continues to hold the key support level of 1.2700 against the US Dollar (...
Indian Rupee weakens after FM Sitharaman hikes Capital Gains tax
The Forex Market· 4 days agoThis week, the US Dollar will be influenced by a slew of US economic data. The Indian Rupee weakens...