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Forex

Canada April Teranet-National Bank house price index +5.65% y/y

Prices up 5.65% y/yPrices still 3.71% below the May 2022 peakPrices up 0.01% m/m seasonally adjustedPrices +1.9% m/m non-seasonally adjustedThere was a burst...

Forex

Forecasting the Coming Week: Fedspeak and FOMC Minutes should rule the sentiment

The Greenback lost further ground and dropped to multi-week lows on the back of rising expectations of interest rate cuts by the Fed,...

Forex

European equity close: Subtle selling to close out the week

On the day:Stoxx 600 -0.1%German DAX -0.1%UK FTSE 100 -0.2%French CAC -0.2%Italy MIB flatSpain IBEX +0.2%On the week:Stoxx 600 +0.5%German DAX -0.3%UK FTSE...

Forex

The USD is moving lower. How has the technicals helped in that decline?

The USD has reversed back to the downside versus the major currencies. In this updated technical look, I outline how the technicals have...

Forex

GBP/USD Price Analysis: Rallies toward 1.2700, bulls’ target YTD high

The British Pound registers gains of 0.21% against the US Dollar, although higher US Treasury yields failed to underpin the Greenback.

Forex

USDCAD retraces gains on the day and tests swing area support ahead of 38.2 retracement.

The USDCAD has now retraced the earlier gains in trading today. The price is now down testing a swing area between 1.3604 and...

Forex

Fed’s Waller does not comment on policy or economic outlook

Federal Reserve (Fed) Governor Christopher Waller delivered a prepared speech at the International Organization for Standardization Technical Committee 68 Financial Services 44th Plenary...

Cryptocurrency

Are Businesses, Corporations, and Governments Embracing Bitcoin?

It appears that Bitcoin has transitioned from a speculative asset to a strategic reserve for businesses, corporations, and governments. According to data from...

Forex

Silver Price Forecast: XAG/USD posts fresh multi-year high at $30.50 on firm Fed rate-cut prospects

Silver price (XAG/USD) refreshes multi-year high at $30.50 in Friday’s New York session.