Gold dips from all-time high amid strong US jobs data and steady core inflation. Investors remain risk-averse ahead of November 5 US election, polls show a narrow race […]
Australia Judo Bank Manufacturing PMI came in at 47.3, above expectations (46.6) in October
Australia Judo Bank Manufacturing PMI came in at 47.3, above expectations (46.6) in October Source link
Mexican Peso strengthens on strong macroeconomics, soft USD
Mexican Peso appreciates after Q3 GDP growth of 1% QoQ, surpassing expectations. Peso remains vulnerable to US election results as Trump’s tariff threats on Mexican auto imports weigh on […]
US Dollar soft ahead of NFPs
US Dollar continues struggling as buyers take a breather. US PCE Prices Index fell to 2.1% yearly in September, while the core inflation remains steady at 2.7%. US […]
The continuation of the Dollar rally now looks at US NFP
The US Dollar lost additional momentum on Thursday, primarily as the Japanese yen gained strong support following a slightly hawkish tone from the BoJ meeting, preventing the dollar […]
Gold rolls over and sinks 1.5% after reaching milestone high
Gold plummets after topping at a new record high of $2,790 on Thursday. The yellow metal sees downside pressure from rising US Treasury bond yields following stronger US […]
Canadian Dollar continues struggling after GDP data
USD/CAD regains footing as anticipation for another Bank of Canada interest rate cut mounts due to flat economic growth in August. US PCE core inflation remains at 2.7% […]
Tumbles to two-month low, traders ditch GBP on UK’s budget
GBP/USD breaks below the 100-day SMA at 1.2975, with further downside possible if it closes below the 1.2900 mark. Key support lies at 1.2885, with the 200-day SMA […]
US stocks feel selling pressure
Indices The major US indices began the week with an attempt to return to growth but were choked by selling. Once again, the laggard was the Dow Jones, […]
Breaking out of top of Bull Flag pattern
EUR/MXN appears to be breaking out of the top of a Bull Flag price pattern. Such patterns signal the likelihood of more upside evolving. EUR/MXN is in a […]