Forex News and Market Analysis
US Employment Weakens as JOLTS Jobs Fall, Yet the USD Continues to Pushe Higher
Employment surged in the US after coronavirus restrictions which has been helping the US stay afloat in the last two years, but now it seems Full Article
EUR/USD Testing the 200 Daily SMA as Support, Despite Improving Services
The European session was a risk-on session, with European stock markets remaining bullish and bond rates retreating, following a shaky start Full Article
AUD/USD Below MAs Again After the RBA Holds Rates at 4.35%
Early today we had the Reserve Bank of Australia policy meeting which was anticipated to hold rates unchanged, with markets pricing in a 97% Full Article
Gold Surges to New All-Time Highs and Gives It All Back, But Holds Above $2,000
Gold has experienced some extremely strong bids since early October, when Middle Eastern tensions erupted, and hasn't seen back since, with Full Article
Forex Signals Brief December 5: Powell Watching ISM Services and Jolts Jobs Closely Today
Yesterday USD buyers returned after being bearish for two months, but let's see if it will keep the momentum today after the ISM services an Full Article
EUR/USD Recovers in Asian Trade, Awaits US Data Amid Fed Signals
In the Asian trading hours on Tuesday, the EUR/USD pair halted its four-day downtrend, finding support from a revitalized US Dollar (USD). Full Article
Gold’s Subtle Retreat to $2,030 Amidst Rising Dollar and Yields
During Tuesday's early Asian session, the price of gold (XAU/USD) modestly retracted to $2,030, while the US Dollar Index (DXY) escalated to 103.60, and the yield on 10-year Treasury notes saw a modest recovery from 4.24% to 4.32%. Full Article
EUR/USD Testing 1.08 In What Seems a Trend Reversal
The economic data from the US was showing weakness early in the year, but in summer we saw some improvement, while Europe... Full Article
USD Stretches the Comeback, As Risk Aversion Kicks In
Risk sentiment improved in recent weeks as the FED and other central banks continued to give dovish signals, while the tensions in the Middl Full Article
USD/CHF Remains Soft Below 0.87 After the CPI Inflation Report
USD/CHF was making some decent gains from July until the end of September, but sellers have taken control since the beginning of October, as Full Article
USD/JPY Set for Further Declines After the Break of the 100 Dily SMA
USD/JPY was quite bullish for many months as the JPY plunged lower after the Bank of Japan kept interest rates unchanged while other major.. Full Article
Forex Signals Brief December 4: FED Blackout Period Before the FOMC Meeting
This week we have several employment reports from the US, but won't get any remarks by the FED, with the FOMC meeting next week Full Article
EUR/USD Technical Analysis: A Rebound Amid Speculation of Fed’s Policy Shift
In the early hours of Monday's Asian trading session, the EUR/USD pair halted its three-day downward trend. Full Article
Gold Price Analysis: XAU/USD Hits New Peak Amid Rate Cut Expectations and Geopolitical Tensions
Gold (XAU/USD) has recently extended its impressive rally, reaching a new zenith in the $2,144-2,145 range during Monday's Asian trading session. Full Article
USD/CAD Continues Down, Closing Below 1.35 After Strong Employment in Canada
USD/CAD was testing the highs early in November, with the price trading around 1.39, before making a sharp reversal. The price found support Full Article
US Manufacturing Activity Fails to Move in Expansion
Today markets have been sluggish overall as they ease into December trade ahead of Fed Chair Powell's commentary. Markets are taking it easy Full Article
Oil Traders Not Convinced by OPEC, WTI Crude Heads to $75
OPEC officials were to meet last week, but this looked from the beginning it was going to be a disastrous meeting. It was postponed to this Full Article
US Employment Showing Dents Again Despite Stable Unemployment Claims
Yesterday the USD started the day soft but picked up some strength after some positive economic data from the US, such as the unemployment.. Full Article
Forex Signals Brief December 1: Will Powell End the Week With Hawkish Threats?
Yesterday the USD made a strong bullish reversal after some hawkish comments by FED members, while today Powell will close the week... Full Article
Gold Prices Edge Higher Amid Monetary Policy Speculations and Global Economic Signals
During Friday's Asian session, the Gold price (XAU/USD) experienced renewed buying interest at lower levels, reversing a significant portion of its previous day's decline. Full Article