Technical Analysis
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EUR/USD slides on ECB dovish bets, firm US Dollar ahead of US inflation
EUR/USD tests region below 1.0500 as the Euro (EUR) weakens, weighed by expectations of further ECB interest-rate cuts. The ECB…
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XAU price steadies below $2,700 as traders seem reluctant ahead of US inflation data
Gold price witnessed good two-way price moves amid some repositioning ahead of the US CPI report. Bets for a less…
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Chart of The Day – USDIDX
The US Dollar Index faces a critical juncture ahead of Wednesday’s CPI data, with market expectations tilted toward persistent inflation…
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EUR/USD slides on ECB dovish bets, US inflation in focus
EUR/USD drops to near 1.0530 as investors await key events including US inflation and the ECB policy meeting. The ECB…
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Gold steadies near two-week highs on optimism about China
Gold rally maintains its positive momentum intact fuelled by buying from China and safe-haven flows. The US Dollar’s moderate recovery…
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Mexican Peso dips with the Dollar firming up ahead of US CPI data
The US Dollar picks up supported by a sourer market sentiment ahead of the US CPI release. Soft Mecican CPI…
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European Stocks Halt Bullish Rally
European indices halt bullish trend TeamViewer shares with nearly 13% plunge Allianz raises forecasts for the next three years Tuesday’s…
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AUD/NZD Recommendation From Goldman Sachs
Goldman Sachs has issued a recommendation for the AUDNZD currency pair. Goldman Sachs recommends taking a short position on the…
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Chart of The Day – AUD/USD
The Central Bank of Australia (RBA) decided to keep interest rates unchanged at 4.35%, in line with market expectations. However,…
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XAU price surrenders major part of intraday gains
Gold price climbs back closer to a two-week high and draws support from a combination of factors. Geopolitical risks continue…
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