Forex & Currencies

USD/CAD rises as US Dollar strengthens on jobs data, Oil weighs on CAD

USD/CAD Exchange Rate Analysis The USD/CAD exchange rate is currently trading around 1.3900, representing a 0.25% increase on the day, driven by a combination of...

Gold rockets above $4,500, set for 4% weekly gain post US NFP

Gold Price Surges as US Employment Report Shows Mixed Results The gold price has risen on Friday, poised to end the week with gains of...

AUD/USD dips as US Dollar gains on labor data, weak Australian CPI

AUD/USD Exchange Rate Falls as US Dollar Firms on Labor Data, Australian Inflation Disappoints The AUD/USD exchange rate has fallen to around 0.6680, down 0.23%...

GBP/CAD steady as markets digest mixed Canada employment report

Introduction to the Canadian Dollar and British Pound Exchange Rate The Canadian Dollar (CAD) has been trading relatively stable against the British Pound (GBP) as...

Labour market is steady, but hiring remains uncomfortably narrow

Assessment of the Labour Market by Richmond Fed President Tom Barkin Richmond Fed President Tom Barkin recently shared his insights on the current state of...

Gold and Silver tumble before partial recovery – Commerzbank

Gold and Silver Prices Experience Sharp Decline Amidst Market Uncertainty Gold and Silver prices fell sharply yesterday, with Gold dipping near $4,400 per ounce and...

Rises above 183.00 to test nine-day EMA barrier

EUR/JPY Price Forecast: Recent Developments and Technical Analysis The EUR/JPY currency pair has shown a notable recovery from its recent losses, with the pair trading...

GBP/USD slides for third consecutive day as firm US jobs data lifts Dollar

Pound Sterling Falls for Third Consecutive Day Against US Dollar The Pound Sterling (GBP) has fallen for the third straight day against the US Dollar...

EUR/JPY remains subdued near 183.00 as BoJ policy normalization gains traction

Introduction to EUR/JPY Currency Pair The EUR/JPY currency pair has been trading subdued, with the Japanese Yen (JPY) receiving support from the growing acceptance that...

US Dollar steadies on mixed US data, Canadian Dollar hit by Oil slump

Introduction to USD/CAD Market Trends The USD/CAD exchange rate is currently trading around 1.3820, representing a 0.10% increase on the day, as the US Dollar...

Gold retreats from $4,500 amid profit-taking, eyes US macro data

Introduction to Gold Market Trends Gold (XAU/USD) has experienced a retracement slide from the $4,500 psychological mark, reversing a significant portion of the previous day's...

GBP/USD slides below 1.3550 as US Dollar rebounds despite soft US PMIs

Pound Sterling Retreats as US Dollar Stages a Recovery The Pound Sterling (GBP) has retreated from its daily high of 1.3567 against the US Dollar...

US Dollar Index struggles near 98.00 as US-Venezuela tensions ease

US Dollar Index Extends Losses as Geopolitical Tensions Ease The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six...

USD/JPY dips on weak US manufacturing data, stronger Japanese yields

Introduction to USD/JPY Market Trends The USD/JPY currency pair has been experiencing fluctuations, with the US Dollar (USD) weakening against the Japanese Yen (JPY) due...

EUR/USD falls to near 1.1700 due to safe-haven demand

Introduction to EUR/USD Market Trends The EUR/USD currency pair has extended its losses, trading around 1.1710 during the Asian hours on Monday. This downturn is...

US jobs report takes center stage next week – Deutsche Bank

Upcoming Economic Releases: A Global Overview The upcoming week is set to be marked by a series of significant economic releases that will provide insights...