Category: Forex
EUR/USD hits 8-week high near 1.1700 propelled by Fed’s...
EUR/USD surged over 0.59% on Wednesday as the Federal Reserve cut rates as expected, in a perceived “dovish hold” which prompted t...
Canadian Dollar makes fresh headway following another F...
The Canadian Dollar (CAD) found fresh 11-week highs against the US Dollar (USD) on Wednesday. The Bank of Canada (BoC) held intere...
GBP/USD rebounds following Fed’s third straight rate tr...
GBP/USD punched a fresh hole into seven-week highs on Wednesday, rising back into the 1.3400 neighborhood after the Federal Reserv...
USD/JPY slumps to near 156.00 after Fed cuts rates
The USD/JPY pair tumbles to near 156.00 during the early Asian session on Thursday. The US Dollar (USD) weakens against the Japane...
Japan Foreign Investment in Japan Stocks declined to ¥9...
Japan Foreign Investment in Japan Stocks declined to ¥96.8B in December 5 from previous ¥655.6B
Japan BSI Large Manufacturing Conditions Index (QoQ) ca...
Japan BSI Large Manufacturing Conditions Index (QoQ) came in at 4.7, above forecasts (4.1) in 4Q
The Fed vs. AI
The Fed spread good cheer for stock markets on Wednesday and cut interest rates by 25bps. It didn’t stop there; it has also restar...
OPEC production declined in November despite increase i...
Reuters and Bloomberg have meanwhile published their surveys on OPEC production in November.
EUR/GBP Price Forecast: Technical setup neutral as pair...
The Euro (EUR) holds steady against the British Pound (GBP) on Tuesday, with EUR/GBP oscillating within its familiar range as trad...
GBP holds steady in mid-1.33s range – Scotiabank
The Pound Sterling (GBP) remains steady in the lower/mid-1.33s, with sentiment-driven consolidation following the post-budget rall...
Gold: BIS report warns of Gold price correction – Comme...
According to a report by the Bank for International Settlements (BIS), the rise in Gold prices since the beginning of September ha...
JPY softens amid quiet market conditions – Scotiabank
The Japanese Yen (JPY) is slightly weaker against the US Dollar (USD), underperforming its G10 peers as markets await PPI data.
