• Blog
  • May 27, 2024
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Australian Dollar recoups losses amid subdued US Dollar

The Australian Dollar (AUD) extends its gains against the US Dollar (USD) for the second consecutive session on Monday as overall market risk appetite improved, despite diminishing expectations for Federal…

  • Blog
  • May 27, 2024
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Japanese Yen appreciates after BoJ Ueda comments to re-anchor inflation expectations

The Japanese Yen (JPY) halted its three-day losing streak, possibly influenced by comments from Bank of Japan (BoJ) Governor Kazuo Ueda on Monday.

  • Blog
  • May 27, 2024
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BoJ’s Uchida: We have overcome the zero lower bound

Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Monday that “we have overcome the zero lower bound.” Additional quotes We still have a big challenge to anchor the…

  • Blog
  • May 27, 2024
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Gold price gains traction, Israel strikes Rafah boosts safe-haven flows

Gold price (XAU/USD) gathers strength on Monday. The softer US Dollar (USD) and the renewed escalating geopolitical tensions in the Middle East provide some support to the yellow metal.

  • Blog
  • May 27, 2024
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Elliott Wave analysis: S&P 500, Nasdaq 100 and top tech stocks [Video]

Dive into comprehensive Elliott Wave analysis and trading strategies for top NASDAQ tech stocks and indices.

  • Blog
  • May 27, 2024
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PBOC sets USD/CNY reference rate at 7.1091 vs. 7.1102 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1091, as against the previous day’s fix of 7.1102 and 7.2367…

  • Blog
  • May 27, 2024
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WTI remains above $77.50 due to improved risk appetite

West Texas Intermediate (WTI) crude Oil price inches higher due to a recovery in overall market risk appetite, likely driven by investors’ anticipation of a rate cut from the Federal…

  • Blog
  • May 24, 2024
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Gold gains today, still ends week down over 3%

Gold price stabilized on Friday after registering back-to-back days of losses, climbing some 0.23%.

  • Blog
  • May 24, 2024
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US Dollar retreats as markets gear up for PCE and GDP data next week

The US Dollar Index (DXY) is currently trading at 104.7, experiencing some losses despite positive indications from the economy.

  • Blog
  • May 24, 2024
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NZD/USD Price Analysis: Bulls maintain momentum, eyes on bullish crossover

During Friday’s session, NZD/USD rose towards the 0.6125 level.

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