US NFP labour report eases expectations of a Fed rate cut, limiting Gold’s strength. US Nonfarm Payrolls (NFP) weighs on Gold prices with a better-than-expected…
EUR/GBP remains stronger after the widely expected ECB’s 25 basis point rate cut on Thursday. The ECB reiterated its commitment to stabilizing inflation at its…
Gold price regains positive traction following Thursday’s late pullback from a multi-week high. The US-China trade talks optimism might hold back the XAU/USD bulls from…
The Australian Dollar holds gains, potentially driven by a productive phone call between Donald Trump and Xi Jinping. President Trump described the call as productive,…
WTI trades around $62.80 on Thursday, up 1.20% but below the session high of $63.30. Price action breaks out of bullish flag pattern, confirming short-term…
Pound Sterling (GBP) is up a modest 0.2% against the US Dollar (USD), outperforming most of the G10 currencies as it pushes toward last week’s…
During the Wednesday session we saw the NASDAQ 100 grind higher during the overnight session as well as the early hours in New York. The…
USD/CHF rises as the Swiss Unemployment Rate increased to 2.9% MoM in May, from 2.8% prior. The US Dollar may lose ground due to increased…
The ECB is widely expected to cut rates by 25bp today. This will take the deposit rate to 2.00%. The market currently prices a further…
Silver correction has been capped at $34.00; the trend remains positive. US Dollar’s recovery is losing momentum ahead of US employment and services data.. XAG/USD…