• Blog
  • May 23, 2024
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Australian Dollar edges higher amid improved risk appetite, US PMI eyed

The Australian Dollar (AUD) halts its three-day losing streak on Thursday, possibly driven by the improved risk appetite.

  • Blog
  • May 23, 2024
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Elliott Wave analysis: S&P 500, Nasdaq 100 and top tech stocks [Video]

Our detailed Elliott Wave analysis for the SP500 and NASDAQ indicates we are currently in wave v of (v) of iii) of 1 of (5) of 3) of I.

  • Blog
  • May 23, 2024
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Gold price attracts some sellers on Fed’s hawkish stance

Gold price (XAU/USD) extends the decline on Wednesday. The further upside of the yellow metal might be limited, as the FOMC minutes were interpreted as significantly more hawkish than previous…

  • Blog
  • May 23, 2024
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USD/INR recovers ahead of India/US PMI data

Indian Rupee (INR) struggles to gain ground on Thursday. The hawkish stance from the FOMC Minutes and the Federal Reserve (Fed) policymakers boosts the Greenback and creates a tailwind for…

  • Blog
  • May 22, 2024
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UK CPI Preview: Inflation set to decline towards 2% target as markets mull rate cuts for June or August

The United Kingdom’s (UK) Office for National Statistics (ONS) will release the high-impact Consumer Price Index (CPI) data on Wednesday at 06:00 GMT.

  • Blog
  • May 22, 2024
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Pound Sterling Price News and Forecast: GBP/USD trades sideways near 1.2710

The GBP/USD pair remains confined around 1.2710 during the early Asian session on Wednesday.

  • Blog
  • May 22, 2024
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USD/INR recovers some lost ground, eyes on FOMC Minutes

Indian Rupee (INR) edges lower on Wednesday as the cautious Fedspeak supports the US Dollar (USD).

  • Blog
  • May 22, 2024
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Australian Dollar trims gains amid firmer US Dollar, FOMC Minutes awaited

The Australian Dollar (AUD) regained ground on Wednesday, reversing its recent losses, following the appreciation of the New Zealand Dollar (NZD) after the Reserve Bank of New Zealand (RBNZ) announced…

  • Blog
  • May 22, 2024
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EUR/USD remains calm around 1.0850 ahead of FOMC Minutes

EUR/USD remains stable ahead of the release of the Minutes from the Federal Open Market Committee (FOMC) meeting held on May 1, scheduled for Wednesday.

US Dollar turns to green with US markets starting to wake up

The US Dollar (USD) is afloat on Tuesday, holding around 104.50 and is starting to pick up a bit, as measured by the US Dollar Index (DXY), with no clear…

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