Gold price regains positive traction following the previous day’s range-bound price moves. Trade-related uncertainties and geopolitical risks underpin the safe-haven precious metal. A modest USD…
AUD/JPY regains positive traction, though it remains confined in a familiar range. The Aussie bulls reacted little to China’s Services PMI, which rose to 51.1…
GBP/USD kicks off the new week on a positive note amid the emergence of fresh USD selling. Fed rate cut bets and US fiscal concerns…
AUD/NZD struggles to capitalize on a modest uptick amid the post-RBNZ bounce in the NZD. Stronger monthly Australian CPI print could underpin the Aussie and…
USD/CAD meets with a fresh supply on Friday and is pressured by a combination of factors. US fiscal concerns, US-China trade tensions, and dovish Fed…
US stocks descend for second day in a row on Wednesday. House Republicans agree to $40K cap on SALT deduction. Jamie Dimon’s pessimism sinks in…
Silver drifts lower on Wednesday, though the mixed technical setup warrants caution for traders. The recent repeated failures to breakout through a descending channel resistance…
USD/CAD scales higher for the third straight day on Friday amid a broadly stronger USD. The Fed’s hawkish pause and easing US recession fears continue…
WTI builds on this week’s bounce from a nearly one-month low amid US-China trade talks optimism. The fundamental backdrop warrants some caution before positioning for…
WTI struggles to preserve modest intraday gains amid mixed fundamental cues. Hopes for a US-China trade deal and a weaker USD lend support to the…