Category: Forex News
Decoding How Gold, US Dollar and Yields Might React
US LABOR MARKET REPORT KEY POINTS:The U.S. Bureau of Labor Statistics will release its latest nonfarm payrolls survey on FridayThe economy is forecast [...]
Our data shows traders are now net-short EUR/USD for the first time since Aug 10, 2023 when EUR/USD traded near 1.10.
Number of traders net-short has increased by 31.22% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIEU [...]
Naira loses 0.42% as FX market records marginal turnover
Naira lost 0.42 percent of its value at the official market on Tuesday as the foreign exchange (FX) market recorded a mar [...]
Pinball FX now has has Star Trek: The Next Generation DLC
In an exciting expansion to their pinball universe, Pinball FX has taken a bold leap into the cosmos with the launch of a brand-new DLC package [...]
US Dollar Crumbles; Unstoppable Nasdaq 100 Hits Key Level, Defying Gravity
MARKET RECAPThe U.S. dollar, as measured by the DXY index, retreated on Wednesday, dragged lower by falling rates in the wake of disappointing economi [...]
RBC trade of the week: Sell AUD/CAD
AUDCAD daily
RBC added a short AUD/CAD position in its trade of the week portfolio targeting a move towards 0.8600, with a stop at 0.8850.
"The bounc [...]
WTI and Brent Advance as Conditions Remain Favorable for Oil Prices
OIL PRICE FORECAST:Most Read: What is OPEC and What is Their Role in Global Markets?Oil prices continued their advance this morning helped by geopolit [...]
Our data shows traders are now net-short GBP/USD for the first time since Aug 17, 2023 when GBP/USD traded near 1.27.
Number of traders net-short has increased by 22.64% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIGB [...]
GBP/USD Price Forecast: US GDP & ADP Fight Head & Shoulders Pattern – DailyFX
GBP/USD Price Forecast: US GDP & ADP Fight Head & Shoulders Pattern DailyFX
www.dailyfx.com [...]
US GDP & ADP Fight Head & Shoulders Pattern
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DXY Dips Amid Weak August Job Growth, Eyes on Payrolls.
Economic Implications and Inflationary Concerns
The present backdrop presents a conundrum for economists and investors, as they grapple with the infl [...]
Stubborn German Inflation, US ADP and GDP Lift EUR/USD
German Inflation Proves Stubborn, Narrowly Beating ForecastsInflation in Germany proved hotter than expected, coming in at 6.1% vs 6% but down from l [...]
ADP US August employment +177K vs +195K expected
Prior was +324K (revised to 371K)Details:small (less than 50 employees) +18K vs +237K priormedium firms (500 – 499) +79K vs +138K priorlarge (greater [...]
World stocks close in on worst month so far this year | Forex News – London South East
World stocks close in on worst month so far this year | Forex News London South East
www.lse.co.uk [...]
Gold (XAU/USD) and Silver (XAG/USD) Post Multi-Week Highs
Gold Price (XAU/USD) Analysis, Price, and ChartA week packed full of US labor market data mat steer the Fed.Gold pushing into a prior zone of support [...]