Latest Forex, Commodities and Indices News
NZD/USD bulls move back in ahead of key US events
NZD/USD comes up for air following being shot down by the bears. The week ahead will unfold with key US events. NZD/USD was shot out [more]
Forex Today: Fears remain the same
What you need to take care of on Tuesday, July 5: Slow start to the week, as US markets were closed due to the Fourth [more]
GBP/USD clings around 1.2100s ahead of UK PMIs and US Factory Orders
The British pound is almost flat during the day, though slightly positive after a peaceful trading day. Weaker UK economic data, high inflation, and slowing [more]
Why being an early buyer of the Solana price is unnecessary
Solana price continues to print indecision candles on the 2-day chart. SOL price shows thought-provoking volume profile signals. Invalidation of the bearish downtrend remains a [more]
USD/JPY Price Analysis: Bears are seeking a a significant correciton but meanwhile bulls still in play
USD/JPY bulls eye a move towards 136.20 and a touch higher even. The price is making a double top on the daily chart and the [more]
Gold Price Forecast: XAU/USD holds in the quiet before the storm
Gold is range-bound in a relatively quiet holiday trade on Monday. A break of Monday's lows could be the catalyst for a long squeeze and [more]
Why lower gas fees is super bullish for the Ethereum price
Ethereum price shows historically low gas fees. ETH price shows a bounce at a critical Fibonacci level. Invalidation of the uptrend is a breach below [more]
AUD/USD marches firmly above 0.6850 ahead of Aussie PMIs, and RBA’s monetary policy decision
The Reserve Bank of Australia (RBA) is expected to raise rates by 50 bps. The Australian dollar is holding steadily above 0.6850 on positive China [more]
T?rkiye: Inflationary pressures alive due to both domestic and global factors – BBVA
The Consumer Price Index T?rkiye rose in June by 4.98%, and the annual rate approached 8%. The Research Department at BBVA expects consumer inflation to [more]
USD/CAD grinds lower below 1.2870 on a slow trading day
The USD/CAD is subdued, though shy of the 1.2880s figure, after reaching a daily high above 1.2900 on Monday. The Canadian S&P Global Manufacturing PMI [more]
EUR/USD erases gains, drops toward 1.0400 on a quiet day
US markets are closed, price action limited. US dollar recovers and turns positive. EUR/USD unable to hold to gains, still vulnerable. The EUR/USD dropped from [more]
USD/MXN steady around 20.30 on a quiet Monday, bullish outlook
Calm market on Monday amid US holiday. Emerging market currencies remain under pressure on recession fears and higher interest rates. USD/MXN firm while above 20.20 [more]
Silver Price Forecast: XAGUSD steady around $19.95 amidst a mixed mood and a US holiday
US Traders are on holiday due to US Independence day, so most assets trade within familiar ranges. Silver price is subdued and remains negative, spurred [more]
ECB’s de Guindos: Elevated inflation will remain with us for some time
European Central Bank (ECB) Vice President Luis de Guindos said on Monday that they have seen inflationary pressures broaden and intensify across many goods and [more]
BOC: Inflation expectations at record highs for 1-year and 2-years from now
The Bank of Canada's (BOC) Business Outlook Survey and Survey of Consumers for the second quarter showed inflation expectations climbed to record highs for 1-year [more]
Germany’s Scholz: Current crisis will not be over in a few months
German Chancellor Olaf Scholz said on Monday that they will continue to meet regularly with unions on energy price and inflation issues while noting that [more]
ApeCoin Price Prediction: APE hangs by a thread
ApeCoin price breaks below supportive technical elements. APE is at risk of breaking lower if dollar strength remains elevated or further strength kicks in. Expect [more]
ECB’s Nagel: Accommodative policy stance should swiftly be abandoned
European Central Bank (ECB) Governing Council member and German central bank head Joachim Nagel said on Monday that the ECB's very accommodative monetary policy stance [more]
EUR/USD: At risk of retesting the 1.0380 May lows – ING
EUR/USD lost more than 100 pips last week. Economists at ING believe that the pair could retest May's lows. "The data calendar is rather quiet [more]
USD/CHF holds steady near 0.9600 mark, bulls seemed reluctant amid modest USD weakness
USD/CHF reversed an intraday buying on Monday and climbed back above the 0.9600 mark. A positive risk tone undermined the safe-haven CHF and extended some [more]
Canada: S&P Manufacturing PMI drops to 54.6 in June vs. 56.6 expected
Canada S&P Global Manufacturing PMI fell short of market expectation in June. USD/CAD continues to trade slightly above 1.2850 after the data. The business activity [more]
EUR/GBP to see strength back to 0.8722 and eventually 0.8861/76 – Credit Suisse
A basing process in underway for EUR/GBP, in the view of analysts at Credit Suisse, and the pair is set to hold support at 0.8581/50 [more]
EUR/USD set to retest levels below 1.04 – Scotiabank
EUR/USD gains to mid-1.04s. Still, economists at Scotiabank expect the world's most popular currency to drop under the 1.04 level. "EUR/USD remains saddled by a [more]
USD/JPY: Break below 134.27 to trigger a short-term move lower – Credit Suisse
USD/JPY looks disconnected from US yields and may break short-term support at 134.28/24, economists at Credit Suisse report. The secular trend is up, however, and [more]