Wednesday , 15 January 2025

Forex

ASA: Precious metal miners at a discount attracts Saba
Forex

ASA: Precious metal miners at a discount attracts Saba

Among precious metals funds, NYSE:ASA, a +$300 million closed-end fund investing in gold and precious metals since 1958, is truly unique.

US Dollar in the red with equity selloff picking up pace
Forex

US Dollar in the red with equity selloff picking up pace

The US Dollar (USD) is turning red now that the dust has fully settled over the US Consumer Price Index (CPI) data that...

USDCAD keeps a bearish tilt among the ups and downs this week
Forex

USDCAD keeps a bearish tilt among the ups and downs this week

The USDCAD has seen a number of up-and-down moves in the price action this week. Having said that, the pair has remained below...

Market may keep a holding pattern between now and FOMC – OCBC
Forex

Market may keep a holding pattern between now and FOMC – OCBC

Market reaction to US CPI should be considered as contained after some initial choppy actions.

Swiss Franc vulnerable as Swiss National Bank drops strong-Franc policy
Forex

Swiss Franc vulnerable as Swiss National Bank drops strong-Franc policy

The Swiss Franc (CHF) trades in a range in the upper 0.8700s against the US Dollar (USD) on Wednesday.

Natural Gas sinks over 2% on shrinking European Production
Forex

Natural Gas sinks over 2% on shrinking European Production

Natural Gas (XNG/USD) trades well below $2.00 on Wednesday, extending its steep decline last week. More and more selling pressure is accumulating from...

USD/JPY rises to 148.00 as uncertainty over BoJ quitting negative rates deepen
Forex

USD/JPY rises to 148.00 as uncertainty over BoJ quitting negative rates deepen

The USD/JPY pair rebounds to crucial resistance of 148.00 as investors hope that the Bank of Japan (BoJ) will delay its plans to...

US stocks open mixed/little changed
Forex

US stocks open mixed/little changed

The major US stock indices are opening mixed with a Dow Industrial Average hire. The S&P near unchanged and the NASDAQ index lower....

USD/CAD Price Analysis: Air-kissing the Ascending Wedge goodbye
Forex

USD/CAD Price Analysis: Air-kissing the Ascending Wedge goodbye

USD/CAD has recently broken out of the Ascending Wedge pattern which it has been forming since January.

NZDUSD Technical Analysis
Forex

NZDUSD Technical Analysis

USDThe Fed left interest rates unchanged as expected at the last meeting and dropped the tightening bias in the statement.The US CPI yesterday...