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]
Eurozone CFTC EUR NC Net Positions climbed from previous €65K to €75.8K
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]
Australia CFTC AUD NC Net Positions increased to $-49.9K from previous $-54.6K
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]
UK regulators move to ban crypto loans, citing systemic economic risks
UK regulators have proposed a nationwide ban on crypto-backed loans amid rising concerns over macroeconomic risks.The FCA flagged lending growth in decentralized finance (DeFi) as a threat to consumer protection and financial stability.The proposed … [Continue reading]
Breaking: US Nonfarm Payrolls rise by 177,000 in April vs. 130,000 expected
Nonfarm Payrolls (NFP) in the US rose by 177,000 in April, the US Bureau of Labor Statistics (BLS) reported on Friday. This reading followed the 185,000 increase (revised from 228,000) reported in March and came in better than analysts' estimate of … [Continue reading]
USD/CAD Price Analysis: Bears now ready to give up yet; US NFP report awaited
USD/CAD attracts fresh sellers on Friday and is pressured by a combination of factors.A further recovery in Crude Oil prices underpins the Loonie and weighs on the major.The USD retreats from a multi-week high and further contributes to the intraday … [Continue reading]
Japanese Yen bounces off multi-week low against USD; lacks bullish conviction amid dovish BoJ
The Japanese Yen reverses an Asian session dip to a fresh multi-week low against the USD. The BoJ’s dovish outlook and a positive risk tone might cap the upside for the safe-haven JPY.Traders might also refrain from placing aggressive bets ahead of … [Continue reading]
South Korea Consumer Price Index Growth (YoY) meets forecasts (2.1%) in April
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]
US Dollar Index rises above 100.00 ahead of Nonfarm Payrolls
The US Dollar Index trades slightly higher above 100.00 ahead of key labor data.Momentum remains fragile despite modest intraday strength.Manufacturing activity softens, jobless claims surprise to the upside.Traders await Nonfarm Payrolls and … [Continue reading]
Pound Sterling trades lower against US Dollar after US Manufacturing PMI data
The Pound Sterling ticks lower to near 1.3300 against the US Dollar as the latter struggles to extend recovery.US-China trade uncertainty will likely keep investors on their toes.BoE officials stress the need to discount trade war risk in monetary … [Continue reading]