The Australian dollar recoups its initial gains and falls below 0.7050 versus the US dollar.
During Thursday’s European trading session, the Australian dollar (AUD) gives up most of its early gains and flattens to about 0.7045 versus the US dollar (USD). Following the release of the Australian labor market data for January, the Aussie pair saw strong bids earlier in the day. With a lower unemployment rate and modest new […]
7 Features to Look for in the Best Copy Trading Platform
Copy trading seems simple on the surface, yet one wrong choice can quickly turn learning into frustration. That is why understanding what truly makes a copy trading platform reliable matters more than most people realize. Especially since it has become popular among new forex traders. It allows beginners to follow experienced traders rather than trade […]
WTI slides toward $64.00 on oversupply worries and firmer Dollar, Iran tensions cap downside
West Texas Intermediate (WTI), the US crude oil benchmark, is trading near the $64.00 mark during early European hours on Friday. Prices retreat after reaching their highest level since late September, as rising oversupply concerns weigh on market sentiment. Global crude oil production outpaced consumption throughout 2025, resulting in notable inventory builds that continue to […]
Australian Dollar strengthens on upbeat employment data; US Dollar holds steady
The Australian Dollar (AUD) extends its gains against the US Dollar (USD) on Thursday after Australia’s latest employment report significantly outperformed expectations, reinforcing the case for a tighter monetary stance from the Reserve Bank of Australia (RBA). According to data released by the Australian Bureau of Statistics (ABS), Employment Change surged by 65.2K in December, […]
EUR/USD rebounds from multi-week lows amid renewed tariff tensions
EUR/USD edged higher on Monday, recovering from recent losses despite fresh tariff threats from US President Donald Trump. The pair was trading near 1.1630 at the time of writing, after bouncing from seven-week lows around 1.1585, as the US Dollar (USD) weakened amid growing uncertainty surrounding US trade policy. Market sentiment was shaken over the […]
Gold stays under pressure as traders book profits ahead of US NFP
Gold prices (XAU/USD) extend their mild pullback for a second consecutive session, slipping back toward the previous overnight low during Thursday’s Asian trade. The decline appears largely driven by profit-taking rather than a fresh fundamental trigger, and downside momentum remains contained by a broadly supportive macro backdrop. While global risk sentiment has been resilient, rising […]
US Dollar Index Drops as Venezuela Fears Ease
The US dollar index kept sliding for a second day, hovering near 98.00 in Asian trading on Tuesday. The Dollar Index, which measures the greenback against six major currencies, just doesn’t have much energy right now. Why? Traders aren’t as nervous about the situation in Venezuela. The tension isn’t spilling over, so people are feeling […]
Silver Price Breaks Above $76.50 as Investors Flock to Safe Havens
The traders jumped into silver on Tuesday morning in the Asia session, with XAG/USD leaping through $76.50 and trading close to $76.55 at the time of writing. Investors rushed into safe havens, and silver shone in the spotlight. The reason for the silver price spike? More geopolitical drama from Venezuela. The U.S. seized Venezuelan President Nicolás Maduro over […]
EUR/JPY pair sticks close to 183.50 as the euro hangs in there
The EUR/JPY pair nudged a bit higher in Asian trading on Tuesday, staying right around 183.50 after slipping for two days. The euro’s getting a little help from steadier market nerves—tensions between the US and Venezuela cooled off, and that’s taken some pressure off riskier currencies like the euro. Traders feel more relaxed now, but […]
Gold Prices Stay Above $4,400 as Global Tensions Heat Up
Gold prices refuse to drop below $4,400. Investors bid up the price of gold at the week’s start, seeking safety as the world became a bit messier. The main driver? Geopolitical tension—lots of it. The weekend brought a blast of news about US military action in Venezuela and the arrest of President Nicolás Maduro. That alone rattled markets. […]
Gold prices slip as traders cash out after record highs
Gold prices cooled off a bit in Asia on Monday. After smashing through another all-time high near $4,550, traders decided to pocket some profits. Not a huge surprise, honestly—everyone wants to lock in gains after a run like that. Plus, the market felt thin with the holidays, and the US dollar got a little stronger, […]
USD/CAD Holds Near Five-Month Lows as BoC–Fed Policy Gap Lifts Loonie
Forex markets were closed on December 25, and the USD/CAD ratio hardly changed from its five-month low on December 24. Markets were quiet due to holiday trading, and by December 25, when most major exchanges were closed, the pair was at its lowest level since late July, hovering around 1.3675. Due to differing interest rate […]
US Stock Futures Steady After a Strong Start to the Week
US stock futures barely moved on Tuesday. After Monday’s rally, it looks like investors just needed a breather. Dow Jones futures ticked up less than 0.01%. S&P 500 and Nasdaq 100 inched a bit higher, up 0.03% and 0.1%. Not much action, really, but that’s pretty typical after a strong start to a holiday-shortened week. […]
Australian Dollar Advances as Markets Weigh RBA and Fed Signals
The Australian Dollar rose on Monday, remaining in positive territory as traders carefully analyzed mixed central bank cues from Asia and the US. The tone was still wary, but not negative. Instead, the market just leaned toward stability to revive the AUD. One early reprieve for the Australian Dollar was from China. The People’s Bank of China […]
WTI Oil Trades Below $56.50 Amid Hopes of Peace
WTI crude oil prices continue to drift lower and are currently trading around $56.35 during the Asian session. The dominant factor behind this drop is increasing hope for a peace deal between Russia and Ukraine. When markets believe a protracted war might conclude, oil prices tend to drop. That’s because peace means less fear that supplies will be […]
Silver Prices Analysis: XAG/USD Turned Bearish Below $16.74-77 Support
Silver prices have fallen back, having recently soared to near record levels. XAG/USD Sloggish through the early Asian session on Thursday and eroded a part of the previous day’s gains. The metal fell back to the low-to mid-$62 level after the unexpected daily slump. The move seemed to reflect some investors cashing in after an earlier strong rally. […]
US Dollar Index Slips Towards 98.50 After Fed Cut; Markets Now Watching Jobless Claims
The US Dollar Index eased to roughly 98.55 in the early Asian session on Thursday. It wasn’t a dramatic fall—more like the kind of slow slide you notice only when you look twice. Traders have seen this kind of reaction before: the Dollar doesn’t jump or crash; it just loosens its shoulders after a big […]
EUR/USD Keeps The Lower Bound Of Range Post-Fed Cut, Market Awaits Jobless Claims
The EUR/USD was trading around 1.1690 in the early European session on Thursday, touching lower with no clear direction. In the aftermath of the Federal Reserve’s latest rate cut, the market’s reaction was muted — more a polite nod than an emphatic leap. And market veterans often refer to such pauses as the market “taking stock”, […]