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ISM SERVICES KEY POINTS:U.S. ISM Services PMI falls to 50.3 in May from 51.9 previously, well below expectationsThe new orders index declines sharply, the employment indicator dives into contraction territoryThe U.S. dollar, as measured…

Share: USD/TRY advances to the 21.30 region on Monday. Investors appears skeptics after the appointment of…

EUR/USD, GBP/USD PRICE, CHARTS AND ANALYSIS: Trade Smarter - Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter READ MORE: Euro Weekly Forecast: EUR/USD…

Some days most forex pairs are just going in one particular direction and it makes no sense to go against the herd. However, if you’re a fan of picking tops or bottoms and if you think that these strong trends are already exhausted, you…

Gold Price (XAU/USD) Analysis, Price, and ChartThe Fed is looking set to leave interest rates unchanged next week.Hefty US T-Bill issuance may push short-term rates higher. Recommended by Nick Cawley How to Trade…

With the BOC decision and Canadian jobs data coming up, I’m looking at this textbook setup on a Loonie pair this week. While the Canadian dollar is enjoying some bullish action thanks to rising oil prices after the OPEC decision, buyers…

Share: Silver remains under some selling pressure for the second successive day on Monday. The intraday…

USD/CAD ANLAYSIS & TALKING POINTSCrude oil via OPEC+ gives CAD a boost.BOC rate hike expectations remain on the fence.Death cross established, where to next for USD/CAD? Trade Smarter - Sign up for the DailyFX Newsletter Receive…

The dollar is dominating today’s price action! Will it lead to GBP/USD breaking a key short-term support zone? Before moving on, ICYMI, I’ve listed the potential economic catalysts that you need to watch out for this week. Check them out…

Share: Considering advanced prints from CME Group for crude oil futures markets, open interest rose for the…