The US Dollar is holding steady early Wednesday, as investors gear up for key macroeconomic events that could significantly impact the currency’s valuation. The Bureau of Labor Statistic will release the Consumer
West Texas Intermediate price hovers around $77.50 per barrel during Asian trading on Tuesday, as crude oil prices are bolstered by expectations of increased fuel demand this summer. According to Reuters, analysts
The EURUSD pair edged higher in early Asian trading on Tuesday and is currently in the 1.0765-1.0770 range, albeit lacking strong follow-through buying. Moreover, the fundamental backdrop and the technical setup warrant
The EURJPY cross extended its decline near 168.85 during early European trading on Monday, with the Euro attracting some sellers amid the uncertainty over the political scenario in France. President Emmanuel Macron
USDJPY spiked higher by over half a percent just after the release of US nonfarm payrolls (NFP) data, on Friday. USDJPY traded in the upper 156s after the US Dollar strengthened as
Silver recovered further to $30.60 in Thursday’s Asian trading. The white metal discovers strong buying interest, as normalising US labour market conditions boost speculation that the Federal Reserve will start reducing interest
Following Wednesday’s choppy action in foreign exchange markets, investors are gearing up for key events that could ramp up the volatility. The European Central Bank will announce monetary policy decisions on Thursday
USDJPY bulls are further encouraged by a weakening Japanese Yen following data that shows real wages declining for the 25th straight month in April, as domestic inflation in Japan continues to outpace
Silver (XAG/USD) declined below the psychological support of $30.00 in Tuesday’s European session. The white metal weakened from its multi-year high of $32.50 as the DXY Dollar Index saw a rebound amid
West Texas Intermediate (WTI) continues to decline for the fifth consecutive day, trading around $73.90 per barrel on Tuesday. This drop in crude oil prices is attributed to the Organisation of the
