Canadian Dollar stays firm above 1.3650 as US tariff worries weigh on USD
The USD/CAD pair trades slightly lower near 1.3670 during Thursday’s early European session. The US Dollar weakens against the Canadian Dollar as uncertainty around US economic policy and renewed concerns over higher import tariffs pressure the Greenback. Investors are now awaiting Canada’s Gross Domestic Product (GDP) figures and the US Producer Price Index (PPI) report […]
WTI steadies near $65.50 as markets await fresh US-Iran nuclear talks
West Texas Intermediate (WTI) crude trades near $65.50 per barrel during Thursday’s European session, stabilizing after two consecutive sessions of decline. Oil prices remain supported by persistent geopolitical tensions between the United States and Iran, which continue to fuel concerns about potential supply disruptions. Investors are closely watching the third round of US-Iran nuclear negotiations […]
GBP/USD Holds Firm Above 1.3500 After Trump’s State of the Union Address
The GBP/USD pair extends its advance for a fourth straight session, trading near 1.3510 during Wednesday’s Asian session. The Pound Sterling remains supported as the US Dollar stays under pressure following US President Donald Trump’s first State of the Union address of his second term before Congress. In his speech, Trump claimed his administration had […]
WTI holds near $67 as geopolitical tensions keep Oil supported
West Texas Intermediate (WTI) crude continues its upward move for a second straight session, hovering near $66.80 per barrel during Tuesday’s Asian trading hours. The benchmark remains close to its six-month peak of $67.23 recorded on February 23. Oil prices are rising on fears of possible supply disruptions linked to escalating tensions in the Middle […]
NZD/USD trims early advance while the US Dollar stays weak
The NZD/USD pair pulled back from its intraday highs during Monday’s early European session after meeting resistance near the key 0.6000 level. Even so, the pair remains slightly positive, trading around 0.5980, supported by a softer US Dollar amid fresh uncertainty surrounding US trade policy. At the time of writing, the US Dollar Index (DXY), […]
Gold holds intraday gains but stays below $4,950 ahead of FOMC Minutes
Gold (XAU/USD) continues its upward move during Tuesday’s European session, reaching a new daily high. The metal has recovered a large portion of the previous day’s sharp decline of more than 2%, when prices slipped toward the $4,842–$4,843 area — the lowest level in nearly two weeks. Still, traders remain cautious before the release of […]
USD/CAD Price Forecast: Attempts to push recovery above 20-day EMA
The USD/CAD pair trades slightly higher near 1.3653 in the early European session on Wednesday. The pair gains modestly as the US Dollar (USD) edges up ahead of the Federal Open Market Committee (FOMC) Minutes scheduled for 19:00 GMT. At the time of writing, the US Dollar Index (DXY), which measures the Greenback against a […]
Forex Trading Platform: How to Choose the Best
Selecting a forex trading platform sounds simple when you’re new to it. But if you understand how trading works, it might even seem extremely complicated or scary. But when you dissect it, it’s just the digital route that links traders to the world currency market. In addition to placing and managing trades, you can view […]
EUR/USD moves higher above 1.1900 ahead of US January NFP report
The EUR/USD pair advances toward 1.1915 in early European trading on Wednesday, supported by a softer US Dollar. Investors are likely to adopt a cautious stance later in the session as they await the delayed US January employment report, which could shape expectations around Federal Reserve policy. Disappointing US Retail Sales figures weighed on the […]
Forex Trading Platform : How to Choose the Best
Selecting a forex trading platform sounds simple when you’re new to it. But if you understand how trading works, it might even seem extremely complicated or scary. But when you dissect it, it’s just the digital route that links traders to the world currency market. In addition to placing and managing trades, you can view […]
Day Trading Currency Market: A Complete Guide
The idea of making money within the same day attracts people to trading like nothing else. Many imagine quick profits, fast decisions, and freedom from long-term commitments. This attraction is strongest in the day trading currency market, where prices move constantly, and opportunities appear every hour. Day trading currency market attracts people because they promise […]
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, […]
UK CPI forecast to tick higher in December, curbing expectations of BoE rate cuts
The UK Office for National Statistics (ONS) is set to publish the December Consumer Price Index (CPI) data on Wednesday at 07:00 GMT, a release closely watched by financial markets. Economists anticipate a mild pickup in inflation, suggesting price pressures may be regaining momentum. Inflation remains a key input for the Bank of England (BoE) […]
GBP/JPY rises toward 212.40 ahead of key UK jobs data
The GBP/JPY pair trades slightly higher around 212.45 during the Asian session on Tuesday, supported by broad weakness in the Japanese Yen (JPY). The Yen came under pressure after Japan’s Prime Minister, Sanae Takaichi, announced plans for a snap general election on Monday. PM Takaichi confirmed that the lower house of parliament will be dissolved […]
Gold slips toward $4,600 as firm US data and easing tensions pressure prices
Gold (XAU/USD) trades modestly lower near $4,600 per troy ounce on Thursday, retreating from a fresh all-time high of $4,643 set in the previous session. The non-yielding metal faces pressure after stronger-than-expected US Producer Price Index (PPI) and Retail Sales data, combined with last week’s softer Unemployment Rate, strengthened expectations that the Federal Reserve will […]
US CPI seen holding steady, Fed policy outlook likely unchanged
The US Bureau of Labor Statistics (BLS) is set to release the Consumer Price Index (CPI) for December on Tuesday at 13:30 GMT. The data is expected to show that inflation pressures remained broadly stable toward the end of 2025. As one of the most closely watched inflation gauges, the report could prompt short-term volatility […]
Gold Prices Slip as Strong Dollar Keeps Pressure On
Gold prices dipped a bit during Friday’s Asian session. It’s having a hard time building on yesterday’s bounce from around $4,400. The reason? The US dollar looks strong—it’s hanging out near a one-month high, and a stronger dollar usually drags gold down, since gold doesn’t pay interest. Still, gold isn’t seeing a big wave of […]
EUR/GBP rebounds toward 0.8680 as markets look past softer Eurozone inflation
The EUR/GBP pair trims its early losses and edges higher toward the 0.8680 mark during late Asian trading on Thursday. The modest rebound comes as investors largely shrug off weaker-than-expected preliminary Eurozone inflation figures for December. Data released by Eurostat on Wednesday showed headline Harmonized Index of Consumer Prices (HICP) rising 2.0% year over year, […]