EUR/USD rises as US Dollar weakens in response to Moody’s decision to downgrade the US credit rating by one notch. Moody’s forecasts US federal debt…
EUR/GBP remains supported by a stronger Euro, even amid growing expectations of further rate cuts by the ECB. ECB’s Francois Villeroy de Galhau remarked, “We…
USD/MXN rallies after Banxico slashes benchmark rate to 8.50%. Banxico unanimously cuts rates by 50 bps, reinforcing dovish outlook and pressuring the Peso. Weak US…
GBP/USD rises towards 1.3300 as UK economy grows above forecasts The Pound Sterling extended its gains against the US Dollar, driven by a positive reading of economic…
The Eurozone economy expanded by 0.3% in the first quarter of 2025 (Q1), undermining the preliminary reading of 0.4%, according to the second estimate released by…
NZD/USD could target the rectangle’s upper boundary around 0.6020, followed by the six-month high of 0.6038. The 14-day RSI has climbed above the 50 level,…
Silver price found support following news that Canadian mining company Pan American Silver plans to acquire MAG Silver Corp. Ongoing geopolitical tensions also underpinned the…
DXY drops 0.32% to 100.31 as US yields slip, boosting appeal for non-yielding assets like Gold. Trump hints at 80% China tariff; markets brace for…
The Unemployment Rate in Canada rose to 6.9% in April. USD/CAD trades marginally lower on the day near 1.3900. The Unemployment Rate in Canada edged…
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $32.58 per troy ounce, up 0.37% from the $32.46 it cost on…