The GBP/JPY rises on Monday, courtesy of a risk-off mood that weighed on safe-haven peers like the Japanese Yen and the Dollar, which are trading softer against most currencies. At the time of writing the cross-pair trade at 212.88 up 0.61%. Japanese … [Continue reading]
United States 10-Year Note Auction dipped from previous 4.175% to 4.173%
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
CAD gains as USD pressure eases – Scotiabank
The Canadian Dollar (CAD) has picked up a little ground intraday, reflecting the broader pressure on the US Dollar (USD), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report. Post-Christmas USD rally shows signs of stalling"The … [Continue reading]
USD/JPY Price Forecast: Bulls have the upper hand amid political risks, BoJ rate hike doubts
The USD/JPY pair touches a fresh one-year high, around the 158.20 region, at the start of a new week, though it lacks follow-through buying amid mixed fundamental cues. Against the backdrop of the uncertainty over the timing of the next interest rate … [Continue reading]
USD/CHF holds losses below 0.8000 as Swiss Franc rises on safe-haven flows
USD/CHF breaks its four-day winning streak, trading around 0.7990 during the Asian hours on Monday. The pair loses as the Swiss Franc (CHF) receives support from safe-haven demand amid increased geopolitical tensions. US President Donald Trump warned … [Continue reading]
Gold Price Forecast: XAU/USD rises to record high above $4,550 on geopolitical risks, rate cut bets
Gold price ( XAU/USD) rises to a fresh all-time high near $4,555 during the early Asian session on Monday. The precious metal extends its upside amid safe-haven demand and expectations of a US interest rate cut. Traders will take more cues from the … [Continue reading]
EUR/USD ends week near 1.1640, posts 0.7% loss as Dollar dominates
EUR/USD prolonged its agony throughout the week, poising to print losses of 0.70%, as it fell 0.20% on Friday, despite the release of mixed economic data in the US. In the European Union, Retail Sales exceeded forecasts, but traders’ focus remains … [Continue reading]
United States CFTC Gold NC Net Positions declined to $227.6K from previous $2312K
GBP/USD remains under heavy fire and retreats for the fourth consecutive day on Friday. Indeed, Cable suffers the strong performance of the Greenback, intensified post-mixed NFP, and trades at shouting distance from its critical 200-day SMA near … [Continue reading]
Australia CFTC AUD NC Net Positions climbed from previous $-212K to $-19K
GBP/USD remains under heavy fire and retreats for the fourth consecutive day on Friday. Indeed, Cable suffers the strong performance of the Greenback, intensified post-mixed NFP, and trades at shouting distance from its critical 200-day SMA near … [Continue reading]
United Kingdom CFTC GBP NC Net Positions: £-30.5K vs £-332K
GBP/USD remains under heavy fire and retreats for the fourth consecutive day on Friday. Indeed, Cable suffers the strong performance of the Greenback, intensified post-mixed NFP, and trades at shouting distance from its critical 200-day SMA near … [Continue reading]