BoJ Summary of Opinions: Policy Rate Still Far Below Neutral After Hike
BoJ – The Bank of Japan – just published its Summary of Opinions from the December policy meeting, giving everyone a better sense of how officials are thinking about Japan’s interest rates right now. Even after the recent policy tweak, most members agreed in the BoJ Summary of Opinions that rates are still nowhere near […]
Online FX Trading: Everything You Should Know Before Trading
If you are considering online FX trading, you likely want additional income or financial freedom. But you are also afraid of losing money quickly. So many novice forex traders go in with a sense of excitement, only to find out how volatile currency prices are. They try to copy signals. Moreover, they take emotional trades. Also, […]
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 […]
Gold Prices Fall After Hitting Record Highs On Traders’ Profit Taking
Gold prices eased marginally during Asian trade on Wednesday. The rally sputtered after traders took some profits after hitting a fresh high of $4,526. That move lined up with surprisingly strong US economic numbers—data out Tuesday showed the economy grew at a 4.3% annual pace last quarter, beating forecasts. For reference, markets expected 3.3%, and the previous […]
Japanese Yen Slips Slightly From Weekly High; Upward Bias Remains
On Wednesday, the Yen saw a slight decline in value relative to the US dollar, immediately following its peak this week. Still, the overall mood around the Yen is pretty strong. Lately, it’s found steady support as the Dollar lost ground and investors hunted for safe places to park their money. With global tensions running […]
Gold Prices Reach Record High Near $4,400 on Safe-Haven Flows
Due to a weak US dollar and increased demand for safe havens, gold prices surged above $4,400 at the beginning of early European trading on Monday. The metal, which trades on the XAU/USD pair, surged above $4,300 as investors fled amid increased global uncertainty and anticipation of future rate cuts by the Federal Reserve. Why […]
Gold Prices Move Higher on Signs of a Weakening US Job Market
Gold prices rose in Asian trading on Wednesday, approaching a nearly seven-week high. The PMs traded above $4,300 amid a negative tone in the US labour market, which was weighing on the Dollar. To retail investors, that gain represents an increasing bet that US interest rates could further soften in the months ahead – something that […]
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 […]
USD/CAD Steady Near 1.3770 as Markets Wait for US Jobs Data
USD/CAD today, during the Asian session, is trading flat at around 1.3770. This steady movement indicates that traders are awaiting an important update from the United States. Attention now turns to the NFP (Nonfarm Payrolls) – because it reflects labour market statistics for both October and November. Traders have been looking to stay alert and cautious until […]
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. […]
EUR/USD Weekly Outlook: All Eyes on US Jobs and Inflation
The EUR/USD pair wrapped up last week, flirting with its recent highs, pushing toward 1.1760, and hanging onto most of those gains by Friday’s close. Don’t give the euro too much credit, though. It wasn’t really about European strength—just another round of US Dollar weakness after a jumble of economic reports and a Fed meeting […]
US Dollar Index Slips Near 98 as Markets Bet on Bigger 2026 Rate Cuts Than the Fed
The US Dollar Index just can’t seem to catch a break, as on Thursday, it hovered nervously above 98, barely holding on after dropping to a new seven-week low at 98.13. Traders are increasingly leaning toward the view that the Fed will have to cut rates much deeper by 2026 than officials are willing to […]
Gold Prices Lose a Bit of Shine as Investors Find Their Nerve
Gold prices edged lower in Friday’s Asian trading, slipping from their recent highs as traders jumped back into riskier bets. Stocks looked lively, and that upbeat mood was enough to steal some of gold’s usual safe-haven spotlight. The US dollar picked up a little steam—not a huge move, but just enough to take the wind […]
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”, […]
US Stock Futures Stay Calm as Markets Wait for Fed Rate Decision
US stock futures barely budged on Wednesday morning. Everyone’s just waiting for the Fed’s next move on interest rates. Pretty much everyone expects another quarter-point cut—the third one this year—but inside the Fed, there’s still a real split. Some officials think the economy needs more help, while others worry that too many cuts will only […]
EUR/USD stays calm near 1.1625 as traders await Fed outcome
EUR/USD remains muted around 1.1625 as buyers exercise caution while trading ahead of the US Federal Reserve interest rate announcement. The pair maintained its low intensity tone through the early European session and struggled to capitalize on the overnight recovery move from over one-month lows. Investors are sitting on their hands before a US Federal Reserve interest […]
RBA Keeps Key Rate at 3.6%, AUD/NZD Eases Towards 1.1440
AUD/NZD plummeted in early Tuesday trading, bottoming at 1.1440 in the wake of the Reserve Bank of Australia (RBA) decision to leave its Official Cash Rate at 3.6%. The result was broadly expected, but policymakers’ tone heaped pressure on the Australian Dollar, which fell against most of its major trading partners. The faster inflation in […]