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XAU/USD eyes weekly loss as sour sentiment favors US Dollar rebound
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Gold price appears all-set for the first weekly loss in three after posting two-day downtrend in the…
Favourable PPI Print Accompanied by Softening Jobs Data
PPI Data Reveals Slowing Price PressuresUS PPI inflation data printed a welcomed decline on both the core and headline figures. The year-on-year print for April revealed a 2.3% increase compared to expectations of 2.5% and down from last…
USD/MXN rebounds from YTD lows, on strong USD despite weak US data
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USD/MXN trims losses, trading at around 17.50s, as weak US economic data prompts greenback buying.…
AUD/USD in Tatters after Fake Breakout, NZD/USD Fails to Confirm Double Bottom
AUD/USD AND NZD/USD FORECAST:
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Most Read: EUR/USD Bashed by Risk Aversion, S&P 500 Fumbles but Google Cushions WeaknessAUSTRALIAN DOLLAR TECHNICAL…
XAG/USD tanks as the US Dollar stages a comeback, despite poor US data
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XAG/USD drops from around $25.40s to $24.10s as US inflation cools and the labor market eases.
The…
Our data shows traders are now net-long GBP/USD for the first time since Apr 25, 2023 when GBP/USD…
Number of traders net-short has decreased by 26.09% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIGBP/USDBEARISH50.87%49.13%36.85% Daily53.50% Weekly-23.24% Daily-26.09% Weekly-1.16%…
EUR/USD Bashed by Risk Aversion, S&P 500 Fumbles but Google Cushions Weakness
EUR/USD AND S&P 500 FORECAST:EUR/USD slides on risk-off sentiment, testing a key technical support near the psychological 1.0900 levelThe S&P 500 also loses ground, but Alphabet’s solid rally cushions market weaknessThis article…
Pound Sterling falls to 1.25s after BoE notes signs of inflation easing
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Pound Sterling vs US Dollar weakens after the BoE meeting, after Andrew Bailey’s comments on easing…
What’s Going on With the South African Rand & Will We See a New ATH?
RAND ANALYSIS & TALKING POINTSRand eyes April 2020 highs!ZAR inundated by headwinds both local and global.Sharp rally on USD/ZAR to fade?
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Shares add nearly 10% as Q2 guidance raised by $12 million
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Unity Software beat Q1 consensus for both earnings and revenue.
Q2 revenue guidance was pushed up…