Financial markets extend the holiday mood on the first trading day of the new year. Markets continue playing the waiting game for a data-driven next week.The US Dollar Index (DXY) is trading near the 98.40 price region on Friday, trimming a big chunk … [Continue reading]
Canadian Dollar softens slightly amid tepid start to new year
The Canadian Dollar (CAD) hit a bit of a soft patch on Friday, kicking off the first trading day of 2026 on the back foot. The Loonie is one of the worst performers for the day, shedding weight against all but one of its major currency peers. Despite … [Continue reading]
US jobs report takes center stage next week – Deutsche Bank
The US jobs report will be the main economic release next week, with other US data including the ISM indices and consumer sentiment. Elsewhere, the focus will be on inflation in Europe and China, whilst wage data is due in Japan, Deutsche Bank's … [Continue reading]
United States S&P Global Manufacturing PMI meets expectations (51.8) in December
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]
Canada S&P Global Manufacturing PMI climbed from previous 48.4 to 48.6 in December
Gold retreated sharply from the $4,400 area and trades flat for the day in the $4,320 price zone. Choppy trading conditions exacerbated the intraday decline, although XAU/USD bearish case is out of the picture, considering growing expectations … [Continue reading]
Singapore Manufacturing PMI increased to 50.3 in December from previous 50.2
Gold retreated sharply from the $4,400 area and trades flat for the day in the $4,320 price zone. Choppy trading conditions exacerbated the intraday decline, although XAU/USD bearish case is out of the picture, considering growing expectations … [Continue reading]
Brazil S&P Global Manufacturing PMI: 47.6 (December) vs previous 48.8
Gold retreated sharply from the $4,400 area and trades flat for the day in the $4,320 price zone. Choppy trading conditions exacerbated the intraday decline, although XAU/USD bearish case is out of the picture, considering growing expectations … [Continue reading]
GBP/USD dips below 1.3450 following final UK manufacturing PMI data
The Pound has been rejected at 1.3475 on the early London trading session on Friday, and retreated to session lows at the 1.3450 area at the time of writing. The pair has turned negative on the daily chart following the downward revision of the UK’s … [Continue reading]
Forex Today: Markets remain quiet to begin 2026
Here is what you need to know on Friday, January 2:Financial markets remain in holiday mood as the first trading day of the new year gets underway. The economic calendar will not offer any high-tier data releases on Friday and trading volumes could … [Continue reading]
GBP/USD gathers strength above 1.3450 on Fed rate cut bets, BoE’s gradual policy path
The GBP/USD pair gathers strength to around 1.3480 during the early Asian session on Friday. Expectations of the US Federal Reserve (Fed) rate cuts this year weigh on the US Dollar (USD) against the Pound Sterling (GBP). Philadelphia Fed President … [Continue reading]