Latest Forex, Commodities and Indices News
Dow Jones Industrial Average soars as rate cut hopes resume
Dow Jones climbed 650 points on Friday in a recovery bid. September rate cut is still being priced in as a sure thing after US inflation [more]
Australian Dollar attempts to regain losses amidst ongoing concerns around the global economy
AUD saw a marginal recovery on Friday but was one of the worst-performing G10 currencies. Falling commodity prices and Chinese economic woes weighed on the [more]
Mexican Peso eases losses amid Fed easing hopes
Mexican Peso trims losses but still set for over 2% weekly decline. US PCE Price Index signals steady inflation, boosting Fed rate cut expectations. Judiciary [more]
Canadian Dollar soft on Friday as markets look elsewhere
The Canadian Dollar eased across the board on Friday. Canada sees only mid-tier data looking forward. CAD set to end a second week down against [more]
Cryptocurrencies Price Prediction: Ripple, Bitcoin & Ethereum Classic — American Wrap 26 July
Pro-crypto attorney says Securities & Exchange Commission (SEC) and Ripple could settle in a “compromise” and not a win for the two parties. Attorney Bill [more]
Forecasting the Coming Week: All eyes are on the Fed’s decision and the NFP
Quite an erratic week left the Greenback with modest losses, in the context of a strong rebound in the Japanese Yen and declining US yields [more]
ECB’s Schnabel: Services inflation is proving stickier than expected
Executive Board member of the European Central Bank (ECB) Isabel Schnabel hit the wires late on Friday noting that a single cut from the ECB [more]
Week ahead: Central banks, earnings, economic data
This is the peak of the summer, and it feels like it will be the peak week for financial markets. The Fed, the BOE and [more]
Weekly economic and financial commentary: Wake me up when September ends
The U.S. economy defied expectations in the second quarter, expanding at a 2.8% annualized pace. Despite the upside surprise, we still see enough softening in [more]
The magnificent seven gets shot down [Video]
In today’s TradeGATEHub Live Trading session, Coach Dale discusses the downturn of ‘The Magnificent 7’ stocks amid a broader risk-off market sentiment. He analyzes the [more]
Gold Price Forecast: Support Holds but It May Not Last
Downward Pressure Could Take Gold LowerIf a rally above today’s high follows, then there is a possibility that the retracement may be complete. However, the [more]
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Amid Demand Concerns
Key Points:Natural gas made an attempt to settle below the $2.00 level. WTI oil pulled back below $77.50 as traders remained worried about China's problems.Brent [more]
Gold, Silver, Platinum Forecasts – Gold Rebounds As Treasury Yields Fall
Key Points:Gold climbed back above the $2380 level. Silver remains stuck below the $28.00 level. Platinum is trying to settle below the support at $935 [more]
EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Pulls Back As PCE Index Meets Estimates
DXY 260724 4h ChartU.S. Dollar Index is losing some ground as traders react to PCE Price Index report, which showed that PCE Prce Index increased [more]
EUR/USD Weekly Price Forecast – Euro Continues to Put Traders to Sleep
The euro had initially tried to rally during the trading week, but the 1.09 level offered a little bit of resistance to send the market [more]
Gold Weekly Price Forecast – Gold Continues to Look Strong Despite Falling
Gold markets initially took off to the upside during the trading week, and then plunged as we continue to see a lot of noisy and [more]
Natural Weekly Price Forecast – Natural Gas Gives Up The Gains For The Week
You’re trading the Henry Hub contract in the United States, so therefore it’s all about the United States. There are some exports coming out of [more]
USD/JPY Weekly Price Forecast – US Dollar Continues to Look Positive Overall Against Yen
The U.S. dollar plunged against the Japanese yen during the course of the week as we saw a massive risk off type of move, but [more]
Crude Oil Weekly Price Forecast – Crude Oil Drops a Bit For The Week
The crude oil market in the West Texas intermediate grade has fallen a bit during the course of the week to test what I see [more]
US Inflation Data Little Changed in June, USD and Gold Listless Post-release
What's on this page US Inflation Data Little Changed in June, USD and Gold Listless Post-releaseUS Core PCE y/y unchanged at 2.6%, missing estimates of [more]
USD/CAD Price Analysis: Reaches critical point at ceiling of three-month range
USD/CAD has reached the top of a range it has been trading in for over three months. It could either breakout higher or pull back [more]
USD, EUR: Backwards or forwards
Thursday was a bit puzzling. Due to concerns about the current state of the US consumer and general uncertainty about the state of the global [more]
Cryptocurrencies Price Prediction: Ethereum, Solana & Crypto – European Wrap 26 July
Ethereum Classic (ETC) edges higher by 2.3% and trades around $22.60 at the time of writing on Friday after testing a key support area the [more]
RUB: CBR provides a 200bp rate hike
For some time, we have held a 200bp rate hike to then 18% as base-case for today’s Russian central bank (CBR) meeting. The consensus forecast [more]