News
Considering the economic news regularly would help investors to catch opportunities on time. Before proceeding, make sure to check for any news that may affect the value of the positions you are interested in by following this page.
EUR/GBP ends the week knocking on the ceiling near 0.87
The EUR/GBP stretched for the 0.8700 major handle in Friday trading, closing the week with over a full percent of upside gains with the Euro (EUR) see
S&P 500 wraps up the week in red after tanking to June lows amid Fed’s hawkish stance
Wall Street finished the week on a lower note, mixed with the S&P 500, the Nasdaq, and the Dow Jones printing losses. Additionally, US equities plunge
USD/CAD recovers from Friday's lows to inch closer towards 1.35
The USD/CAD is set to finish out Friday near where it started, trading just south of 1.3490. The Loonie (CAD) has twisted through the back half of the
United States CFTC Gold NC Net Positions climbed from previous $123.9K to $135.2K
United States CFTC Gold NC Net Positions climbed from previous $123.9K to $135.2K
United States CFTC S&P 500 NC Net Positions down to $-139K from previous $-116.3K
United States CFTC S&P 500 NC Net Positions down to $-139K from previous $-116.3K
European Monetary Union CFTC EUR NC Net Positions declined to €102K from previous €113.1K
European Monetary Union CFTC EUR NC Net Positions declined to €102K from previous €113.1K
Australia CFTC AUD NC Net Positions down to $-96.9K from previous $-79.5K
Australia CFTC AUD NC Net Positions down to $-96.9K from previous $-79.5K
United States CFTC Oil NC Net Positions: 328.4K vs 326.9K
United States CFTC Oil NC Net Positions: 328.4K vs 326.9K
Japan CFTC JPY NC Net Positions down to ¥-101.6K from previous ¥-98.7K
Japan CFTC JPY NC Net Positions down to ¥-101.6K from previous ¥-98.7K
United Kingdom CFTC GBP NC Net Positions down to £33.7K from previous £46.2K
United Kingdom CFTC GBP NC Net Positions down to £33.7K from previous £46.2K
USD/CHF Price Analysis: Soars, extends its rally to 10 days, as bull's eye 0.9100
USD/CHF is set to end the week with decent gains of more than 1%, while breaking above the 200-day moving average (DMA), which could open the door for
GBP/USD continuing to slide, testing waters below 1.2250
The GBP/USD is looking for further downside to end the trading week, probing chart space below 1.2250 heading into the final hours of Friday's trading
Gold Price Forecast: XAU/USD shines as US yields drop amid an upbeat market mood
Gold price recovers some ground after hitting a weekly low of $1913.99, though it remains shy of breaking solid resistance at around the 50-day moving
GBP/JPY trying for a break below 181.50 heading into the Friday close
The GBP/JPY is ticking into the south side of the 181.50 handle after the Pound Sterling (GBP) failed to recover any meaningful ground from Thursday's
AUD/USD rallies despite a firm US Dollar, on risk-on mood and falling US yields
The Australian Dollar (AUD) stages a comeback versus the Greenback (USD) on Friday, and it remains set to finish the week with decent gains. Overall U
Forex Today: Dollar holds firm, focus turns to inflation data
Next week, markets will continue to digest the outcomes of recent central bank meetings. Additionally, market participants will closely monitor the re
EUR/USD treading water near 1.0660, hanging near the top of the range
The EUR/USD is trading into neutral ground heading into the end of the trading week, testing well-trodded ground near the 1.0660 handle. US Purchasing
Fed’s Daly: We need to go at a slower pace
Federal Reserve Bank of San Francisco President Mary C. Daly said on Friday that the Fed kept interest rates unchanged this week in recognition that “
United States Baker Hughes US Oil Rig Count fell from previous 515 to 507
United States Baker Hughes US Oil Rig Count fell from previous 515 to 507
WTI struggling to recapture $90 heading into the end of the week
West Texas Intermediary (WT) US crude oil is struggling to hold onto the $90.00 price level as Friday trading leaves crude oil barrels trading mostly
USD/MXN retreats from weekly highs drops below the 100, 20-DMAs
The emerging market currency the Mexican Peso (MXN) counterattacks the US Dollar (USD) after the exotic pair reached a weekly high of 17.2489, but it
USD/JPY heading topside for Friday, aiming for 148.50
The USD/JPY is set to close out the trading week just south of the 148.50 level after peaking at an intraday high of 148.40 as the US Dollar (USD) cov
NZD/USD bounces back on improved sentiment, soft US Dollar
The New Zealand Dollar (NZD) stages a recovery against the US Dollar (USD) ahead of the weekend as investors' sentiment improved, while the Greenback
EUR likely to appreciate somewhat against the USD with a view to the end of the year – Commerzbank
EUR/USD is approaching 1.06. Economists at Commerzbank analyze the pair’s outlook. Interest rate cuts could become concretely apparent in the US In th
EUR/GBP seen at risk of dipping to 0.85 on a three-to-six-month view – Rabobank
GBP dropped this week on the back of the BoE’s unchanged policy decision. Economists at Rabobank have revised down their six-month EUR/GBP forecast mo
Fed's Bowman: Further interest rate hikes likely with inflation still too high
Further interest rate increases will likely be appropriate, with inflation still being too high, Federal Reserve Governor Michelle Bowman said on Frid
US: Increasing political uncertainty could cast a shadow over the USD's near-term outlook – Crédit Agricole
Economists at Crédit Agricole highlight uncertainties surrounding a potential US government shutdown and its implications for the USD. Some relief and
China stabilisation to support commodity markets – ANZ
Signs of stabilisation in China’s economy should provide some support to commodity markets. Nevertheless, the adjustment to a lower growth profile wil
Oil: Demand concerns stand in the way of a further price increase – Commerzbank
The price of a barrel of Brent Oil rose to a good $90 at the beginning of September. Strategists at Commerzbank analyze Oil’s outlook. Limited upside
Silver Price Forecast: XAG/USD turns choppy after rallying near $23.70, US yields rebound
Silver price (XAG/USD) turns sideways after a vertical upside move to near crucial resistance of $23.70 in the early New York session. The white metal