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Read more about the article Dollar Gains Before Critical US NFP Data

Dollar Gains Before Critical US NFP Data

  • Post author:admin
  • Post published:December 8, 2023
  • Post category:news
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Investors believe the BoE's first rate cut may not come until June. The upcoming BoE meeting next week is unlikely to result in any changes to UK rates. There was…

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Read more about the article Loonie Loses Ground After BoC’s Pause

Loonie Loses Ground After BoC’s Pause

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  • Post published:December 7, 2023
  • Post category:news
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The Bank of Canada (BoC) kept its key overnight rate at 5%. Canadian economic activity grew at its fastest pace in seven months in November. Canada posted a larger-than-expected trade…

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Read more about the article Euro Slips to 3-Week Low on Rate Cut Bets

Euro Slips to 3-Week Low on Rate Cut Bets

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  • Post published:December 7, 2023
  • Post category:news
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Traders are betting on an ECB key rate cut from March 2024. The euro is down 1 percent this week, its biggest weekly drop since May. US private payrolls rose…

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Read more about the article USD/JPY Price Aiming to Pounce 145.0 After Downbeat US ADP

USD/JPY Price Aiming to Pounce 145.0 After Downbeat US ADP

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  • Post published:December 7, 2023
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The bias is bearish as long as it is below the median line. Data from the US and Japan should be decisive tomorrow. S2 stands as static support. The price…

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Read more about the article Aussie Gains Despite Economic Hurdles

Aussie Gains Despite Economic Hurdles

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  • Post published:December 6, 2023
  • Post category:news
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The data revealed minimal growth in the Australian economy in the third quarter. The RBA may not need to implement further increases. In the United States, data pointed to the…

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Read more about the article Dollar Hovers Close to a Two-Week Peak

Dollar Hovers Close to a Two-Week Peak

  • Post author:admin
  • Post published:December 6, 2023
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The data revealed that the number of US jobs fell to the lowest level in more than 2 ½ years. Last month saw a slight easing of the fall in…

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Read more about the article Gold Price Rebounded From $2,009 Amid Mixed US Data

Gold Price Rebounded From $2,009 Amid Mixed US Data

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  • Post published:December 6, 2023
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KSAU/USD remains bearish if it remains below the 50% retracement level. US data and BOC should move the rate. A new lower low triggers more dips. The price of gold…

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Read more about the article Gold Price Struggling to Recover After 6% Dip from All-time High

Gold Price Struggling to Recover After 6% Dip from All-time High

  • Post author:admin
  • Post published:December 5, 2023
  • Post category:news
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KSAU/USD remains bearish if it remains below the 50% retracement level. 61.8% and the middle line represent key support levels. US data could have a big impact today. The price…

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Read more about the article AUD/USD Price Analysis: Aussie Takes a Hit in the Wake of RBA

AUD/USD Price Analysis: Aussie Takes a Hit in the Wake of RBA

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  • Post published:December 5, 2023
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RBA kept interest rates unchanged. Bullock stated that the need for further rate increases would depend on incoming data. Analysts attributed the US dollar's upward movement to a correction after…

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Read more about the article Yen Firm Despite Downbeat Tokyo CPI

Yen Firm Despite Downbeat Tokyo CPI

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  • Post published:December 5, 2023
  • Post category:news
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Core inflation in Tokyo slowed in November. Market participants expect a gradual withdrawal of the BOJ's extensive incentives. The BOJ will monitor annual wage negotiations for the coming year and…

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