FX traders are paring back their USD short positions ahead of the US NFP release. US Nonfarm Payrolls are expected to show a 130,000 increase…
The Pound Sterling corrects to near 1.3550 against the US Dollar as the Greenback gains ground ahead of the US NFP data release for May.…
EUR/USD trades sideways around 1.1440 as investors await the US NFP data for May. Easing US-China trade worries have supported the US Dollar. The ECB…
GBP/USD holds gains near 1.3616, the highest since February 2022. US Nonfarm Payrolls is expected to have added 130,000 jobs in May. GBP receives support…
USD/CAD trades with caution near 1.3650 as the US/Canada labor market data for May takes centre stage. The US economy is expected to have added…
EUR/GBP edges lower to near 0.8410 ahead of the monetary policy announcement by the ECB. The ECB is almost certain to lower interest rates by…
Bullish view Buy the EUR/USD pair and set a take-profit at 1.1570. Add a stop-loss at 1.1300. Timeline: 1-2 days. Bearish view Sell the EUR/USD…
EUR/USD is expected to remain on the sidelines around 1.1400 ahead of the ECB’s monetary policy announcement. The ECB is expected to lower its Deposit…
USD/CAD is essentially flat as markets await the BoC policy decision. The economists’ consensus has swung to no change after anticipating a 25bps cut until…
Nvidia overtakes Microsoft as world’s most valuable company In a historic market shift, Nvidia has officially overtaken Microsoft to become the most valuable company in…