US DOLLAR GAINS MOMENTUM FOLLOWING STRONG EMPLOYMENT AND CONFIDENCE DATA
The US Dollar Index (DXY) is presently trading higher at 105.95, while the two-day Federal Reserve (Fed) meeting…
CANADIAN DOLLAR FALLS BACK ON TUESDAY AMID BROAD-MARKET GREENBACK BIDDING
The Canadian Dollar (CAD) eased against the Greenback on Tuesday after the American market session kicked the day…
USD/CAD RISES ABOVE 1.3700 AS STRONG US Q1 EMPLOYMENT COST INDEX, WEAK CANADIAN GDP
The USD/CAD pair rises above the crucial resistance of 1.3700 in Tuesday’s early American session. The USD/CAD pair…
GBP/USD PRICE ANALYSIS: DROPS BELOW 200-DMA, AT CROSS-ROADS TO RESUME DOWNTREND
GBP/USD declines 0.36% from its daily peak, under pressure from indications of rising US inflation. The Pound Sterling…
GBP/JPY FLOATS HIGHER ON UPBEAT MARKET MOOD AFTER PREVIOUS DAY’S STEEP DESCENT30 April 2024
GBP/JPY trades over a third of a percentage point higher at just above 197 on Tuesday. forces at…
US DOLLAR DECLINES AHEAD OF KEY FED MEETING29 April 2024, 20:00
The US Dollar Index (DXY) is declining on Monday and fell to 105.70. The Bank of Japan (BoJ)’s…
GOLD PRICE EDGES HIGHER AMID HEAVY USD SELLING IN JAPAN29 April 2024
The Gold price (XAU/USD) edges higher on Monday, trading at $2,338 an ounce The Gold price (XAU/USD) edges…
SILVER (XAG/USD) PRICE ANALYSIS: SILVER PRICE FORMING A BEAR FLAG PRICE PATTERN
Silver (XAG/USD) price then declined to the initial target for the H&S pattern at $26.70 and bounced. Since…
GERMANY ANNUAL CPI INFLATION HOLDS STEADY AT 2.2% IN APRIL29 April 2024,
Destatis reported on Monday. Inflation in Germany, as measured by the change in the Consumer price Index (CPI),…
USD/CAD REMAINS SUPPORTED ABOVE 1.3640 AHEAD OF FED’S POLICY ANNOUNCEMENT29 April 2024
The USD/CAD pair holds auction above the immediate support of 1.3460 in Monday’s early American session. The USD/CAD…