[ad_1] Share: EUR/JPY sees a 0.19% rise, maintaining a position below the YTD high of 164.30 amid US and Japan holidays. For further bullish momentum, EUR/JPY needs to breach 164.00; downside risks include a potential drop towards 161.25 support. The EUR/JPY rose a decent 0.19% yet remains well below the latest cycle and
[ad_1] Share: USD/CAD seems biased to move downward despite the weakening in Crude oil prices. WTI prices lose ground on an unexpected delay in an upcoming OPEC+ meeting. US economic data turn investors to perceive persistent inflation in the country. USD/CAD seems to extend its losses for the third consecutive session, trading slightly
[ad_1] Share: USD/CAD trades higher post losses registered in the previous session. Canada inflation (YoY) fell to 3.1% in October, down from 3.8% prior. The decline in Crude oil prices could weigh on the CAD. US Dollar faces challenges despite improved US bond yields. USD/CAD recovers its intraday losses, hovering around the psychological
[ad_1] Share: EUR/USD struggles to stay in the green zone amid weaker US Dollar. Combined technical indicators support a positive outlook for the pair. The pair could revisit the 1.0750 major level aligned to the weekly high at 1.0756. EUR/USD hovers around 1.0710 during the early European session on Thursday, struggling to continue
[ad_1] Share: USD/MXN consolidates in a tight range of 17.4000 – 17.5900 since Monday. Banxico is expected to keep interest rates unchanged at 11.25%, Investors await Fed Chair Jerome Powell’s conference to gain additional insights into the interest rate trajectory. USD/MXN treads water near 17.5000 during the European session on Wednesday. The pair
[ad_1] Share: Silver price seesaw from daily high of $23.69 to low of $22.88, closing at $22.81. Key resistance levels at 50-DMA of $22.94 and 200-DMA of $23.29 cap potential rally attempts. Downside support at $23.00, with further levels at the October 26 low of $22.44 and 20-day EMA of $22.21. Silver price
[ad_1] Share: GBP/USD struggles to extend gains as US Dollar rebounds. UK Retail Sales dipped to 0.9% against the expected 0.1% decline. Upbeat US Treasury yields provide support to underpin the Greenback. GBP/USD struggles to continue the winning streak. trading around 1.2160 during the Asian session on Monday. However, the currency pair encountered a
[ad_1] © Reuters. U.S. dollar banknote is seen in this picture illustration taken May 3, 2018. REUTERS/Dado Ruvic/Illustration/File photo By Brigid Riley TOKYO (Reuters) – The dollar held firm against its peers on Thursday ahead of remarks by Federal Reserve Chair Powell as expectations grew that the U.S. central bank will keep rates higher for
[ad_1] Share: USD/MXN retreats from a two-day winning streak ahead of US economic figures. US Dollar faces a challenge after the weaker preliminary US Michigan Consumer Sentiment Index. Banxico is expected to keep interest rates higher; contributing support for the Mexican Peso. USD/MXN pulls back from the recent gains, trading lower around 18.0160 during the
[ad_1] Share: Gold price trades near $1,925 amid the mixed sentiment. The geopolitical tensions between Israel and Palestine boost the demand for XAU/USD. The upbeat US inflation report has prompted investors to price in a possible rate rise by the Federal Reserve (Fed). Investors will focus on the US Retail Sales, Chinese growth
