EUR/USD manages to pick up some pace and rebounds from earlier lows, revisiting the 1.1560 region on Friday, giving back part of Thursday’s ECB-driven rally. Meanwhile, the US Dollar trades with marked gains, supported by a cautious tone across … [Continue reading]
United States CFTC Oil NC Net Positions fell from previous 228K to 218.7K
EUR/USD manages to pick up some pace and rebounds from earlier lows, revisiting the 1.1560 region on Friday, giving back part of Thursday’s ECB-driven rally. Meanwhile, the US Dollar trades with marked gains, supported by a cautious tone across … [Continue reading]
United Kingdom CFTC GBP NC Net Positions increased to £-65.5K from previous £-84.2K
EUR/USD manages to pick up some pace and rebounds from earlier lows, revisiting the 1.1560 region on Friday, giving back part of Thursday’s ECB-driven rally. Meanwhile, the US Dollar trades with marked gains, supported by a cautious tone across … [Continue reading]
Gold set for third weekly loss as ‘higher-for-longer’ interest rate outlook weigh
Gold (XAU/USD) extends losses on Friday following a sharp two-day decline that pushed prices to their lowest level since early February, near the $4,500 mark. The drop comes as markets increasingly price in a 'higher-for-longer' global interest rate … [Continue reading]
Canada Retail Sales (MoM) came in at 1.1% below forecasts (1.5%) in January
Gold price holds the rebound near $4,700, snapping a seven-day losing streak in the European session on Friday. The precious metal edges higher as markets look to stabilize amid the ongoing Middle East conflict. Gold also sees some … [Continue reading]
Forex Today: Major pairs stabilize as markets assess central bank policy outlooks
Here is what you need to know on Friday, March 20:The trading action in financial markets turns relatively subdued on Friday as investors assess the policy decisions by major central banks. The US economic calendar will not feature any high-tier … [Continue reading]
Gold rebounds as Middle East tensions boost safe-haven flows
Gold price (XAU/USD) rebounds to near $4,735, snapping the seven-day losing streak during the Asian session on Friday. The precious metal edges higher as the ongoing US-Iran conflict spikes demand for safe-haven assets. Traders will closely … [Continue reading]
Ethereum Price Forecast: EF deploys 3,400 ETH into Morpho as bullish momentum weakens
Ethereum price today: $2,140The Ethereum Foundation deployed 3,400 ETH into DeFi protocol Morpho in line with its treasury strategy.The Foundation noted that Morpho Vaults V2 aligns with its defipunk framework.ETH is testing the $2,110 support level … [Continue reading]
Forex Today: US Dollar Index drops below 100 after central banks hold rates
Here is what you need to know for Friday, March 20:The US Dollar Index (DXY) fell below the 100 mark and is now trading near the 99.40 price zone after investors assessed the Fed’s interest rate decision. Chair Jerome Powell claimed on Wednesday that … [Continue reading]
United States New Home Sales (MoM) registered at 587M above expectations (0.72M) in January
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]