Here is what you need to know on Friday, May 2: After reaching its highest level in three weeks near 100.40 on Thursday, the US…
Gold price gains positive traction and moves away from a two-week low set on Thursday. Subdued USD price action lends support to the XAU/USD pair…
Gold price remains on the defensive near $3,235 in Friday’s early Asian session. De-escalation in the global trade conflict continues to undermine the Gold price. …
Mexican Peso suffers as safe-haven US Dollar status keeps USD/MXN supported near 19.50. Mexico surprises with Q1 growth, dodging recession as US economy contracts sharply.…
EUR/USD loses ground to near 1.1290 in Friday’s early Asian session. US seeks tariff talks with China, raising hope for a de-escalation trade war. Traders…
The USD/JPY is trading with strong gains near 146.00 as the Yen weakens sharply following the BoJ’s dovish policy guidance. US jobless claims surged to…
The USD/CHF is trading higher near the 0.8960 area as the Dollar regains traction despite mixed macroeconomic signals. US jobless claims rose to 241,000 and…
AUD/USD ticks down to near 0.6380 as the Australian Dollar underperforms. Australian Trade Balance rose more than double than expectations as US firms loaded imports…
GBP/USD Forecast: Pound Sterling remains fragile ahead of US data GBP/USD staged a rebound and stabilized above 1.3300 after falling toward 1.3270 early Thursday. The…
Here is what you need to know on Thursday, May 1: The US Dollar (USD) continues to gather strength against its rivals early Thursday, with…