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Forex
USD/CAD Price Analysis: Trades in tight range above 1.3600 ahead of US Inflation
The USD/CAD pair consolidates in a tight range above the round-level support of 1.3600 in Thursday’s European session.
Forex
EUR/USD gains ground as market sentiment leans back into rate cut expectations
EUR/USD found some room on the high side on Wednesday, getting pushed up the charts by broad-market Greenback selling.
Forex
USD/JPY weakens below 162.00 as traders await US CPI data
The USD/JPY pair trades on a softer note around 161.55, snapping the three-day winning streak on Thursday during the early Asian session.
Forex
GBP/USD rallies on resurgence of Fed rate cut hopes
GBP/USD pushed back into the high end after Fed nods at inflation progress.
Commodities
Silver Price Analysis: XAG/USD consolidates around below $31.00 despite falling US yields
The grey metal registered minimal gains on Wednesday as Silver has been consolidating within the $30.50-$31.00 range since Tuesday.
Cryptocurrencies
Bitcoin price decline continues over ‘true correction’ fears, what comes next?
Brandt highlights that the current correction should concern investors, noting that Bitcoin has breached the 200 exponential moving average, a historicall
Commodities
Gold advances on falling US yields as traders eye CPI data
Inflows into Gold ETFs support the metal, with eyes now on US June inflation data and economic indicators.
Politics
Trump will win by 'a landslide' says Democratic Sen. Michael Bennet
Sen. Michael Bennet of Colorado has become the first Senate Democrat to publicly express doubts about President Joe Biden's ability to win the upcoming ele
Stocks
Upcoming Q2 earnings season implies Big Tech will continue to dominate: Barclays
Barclays (LON:BARC) analysts say the dominance of Big Tech is likely to continue in the upcoming Q2 earnings season.
Stocks
Goldman raises its Tesla stock target, previews Q2 earnings
Goldman Sachs (NYSE:GS) analysts have raised their estimates and price target for Tesla (NASDAQ:TSLA) following stronger-than-expected Q2 deliveries while
Forex
EUR/USD: Still faces downside risks – ING
The French election resulted in a hung parliament, a somewhat unintuitively pro-market result. The Euro (EUR) still faces downside risks during tricky coal
Forex
USD: CPI needed to shake up FX market – ING
Global currency volatility has continued to drop rapidly as markets await developments on eurozone and US politics, as well as on the data side. The proxim
Forex
USD/CAD Price Analysis: Potentially beginning new leg higher within range
USD/CAD has been trading in a range since the start of May. At first it looked like the pair had formed a Symmetrical Triangle pattern but the pattern fail
Commodities
USD/CAD holds ground around 1.3650 due to lower Oil prices, hawkish Fed
Fed Chair Powell stated, "First-quarter data did not support the greater confidence in the inflation path."
Forex
USD/CHF weakens below 0.9000 ahead of Powell and Fedspeak
Political uncertainties and geopolitical risks might boost the safe-haven asset like the CHF.
Economics
Pound Sterling clings to gains as Fed Chair Powell cautions on labor market
The Pound Sterling (GBP) edges higher against the US Dollar (USD) in Wednesday’s early London session after a mild correction from almost a four-week high
Cryptocurrencies
Bitcoin price today: recovers to $59k as Mt Gox losses draw bargain buying
Bitcoin price rose on Wednesday, recovering further from recent losses as bargain hunters took advantage of recent price declines, although sentiment rema
Forex
NZD/USD drops to near 0.6100 as RBNZ opts to keep OCR unchanged
The US Dollar appreciated after Fed’s Powell stated that a rate cut is not appropriate until the greater confidence of inflation slows down.
Forex
EUR/USD grinds chart paper above 1.0800 after Fed fails to spark rate rally
EUR/USD continues to settle closer to 1.0800 after a misfire in market expectations of Federal Reserve (Fed) Chairman Jerome Powell’s testimony before US C
Forex
USD/CAD remains confined in familiar range above 1.3600, eyes on Powell, Fedspeak
The USD/CAD pair remains capped within a narrow trading range around 1.3635 during the early Asian session on Wednesday.
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