GBP, DXY PRICE, CHARTS AND ANALYSIS: Read More: US Dollar Index (DXY) Update: US Dollar Retreats with GBP/USD Eyeing a Trendline Break GBPUSD enjoyed a mixed day with some consolidation in the European session as the DXY started the day on the back foot. The US session however, has seen a rise in US Yields
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Share: Mexican Peso stays defensive, posting over 1% weekly loss vs. the US Dollar. August Retail Sales in Mexico show a mixed picture, with gains over the year but a monthly plunge and signs of deceleration. Geopolitical risks cap Peso’s gains, including tensions in the Middle East and US military base attacks. Mexican
XAU/USD, XAG/USD PRICE FORECAST: MOST READ: GBP Price Action Setups: GBP/USD, EUR/GBP, GBP/AUD Post UK CPI Gold extended its gains throughout the day today in light of increased risk aversion from market participants. The rise of the risk-off environment today comes courtesy of an explosion of a hospital in Gaza last night which saw both
Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro plunges most since early October on US CPI data In response, retail traders boosted upside EUR/USD bets Prices also rejected the key falling trendline from July Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro plunged over 0.8 percent against the US
Morgan Stanley assessed the impact on oil markets from the brutal Hamas attack on Israel. said that as neither Israel nor its direct neighbours are large oil producers the near-term risk to oil supply is limited MS did add though something to watch out for: “However, that could change in case the conflict were to
Share: Canadian Dollar market flows turn bullish following US & Canada labor data prints. Canada Unemployment Rate flat at 5.5%, US unemployment holds at 3.8%. US NFP handily beats expectations with slightly softer earnings. The Canadian Dollar (CAD) is climbing to fresh highs, set to challenge Monday’s trading range following a bumper labor