Gold slid sharply in mid-week trading down 1.68 percent at the time of writing, extending losses from Tuesday following the release of upbeat economic data from the US a
Gold took a downward turn on Thursday as traders decided to book profits from the recent rallies in the precious metal, while the allure of the safe-haven US Dollar pick
The EURUSD snapped a two-week losing streak after closing at 1.0978 for the week on Friday. Markets were thinly-traded due to labor day holidays; with the low volume offering the right conditions for
The Euro edged higher on Wednesday against the USD as the latter continues to depreciate after the US Federal Reserve announced emergency stimulus measures to support th
Sterling was heavily sold off on Thursday as risk aversion continues across financial markets. GBPUSD was the worst performer among the major FX pairs today, hitting levels unseen for the past 35 year
The EURUSD snapped its winning streak on Wednesday after hitting fresh highs the day before. The pair fell towards 1.110 in intraday trading before settling higher at 1.113, corresponding to a drop of
The EURUSD snapped its winning streak on Wednesday after hitting fresh highs the day before. The pair fell towards 1.110 in intraday trading before settling higher at 1.113, corresponding to a drop of
The GBPUSD ended the week on a stronger note, clocking in a 0.56 percent increase over the previous day. Overall it is a mixed bag of results for the British pound as a strengthening dollar and Brexit
The Aussie Dollar fell below the 2019 lows on Thursday as markets reacted to the increased likelihood of a slowdown in the Australian economy. The AUDUSD is currently trading at 0.6613, a drop of 0.95
Global equities continued to rise on Thursday after news broke that China will be halving tariffs on select US goods next week. The move was hailed by investors hoping to ride the wave of optimism in
The British pound fell across the board today, putting an end to its 2-day win streak. The GBPUSD pair depreciated 1.58 percent against the previous session, placing it among the worst performers on M
The price of gold surged at the start of the trading week as markets reacted to the increase in tensions between the US and Iran after a US airstrike killed Qassem Sulei
The Aussie dollar fell across the board on Tuesday as fears resurfaced over the health of the Australian economy. Speculation of a rate cut by the Reserve Bank of Australia (RBA) has prompted a signif
The USDJPY is currently trading around its daily high after US President Trump‘s statement on the recent tensions between the US and Iran concluded in a softer tone. The yen had originally dropped to
Kiwi dollar fell on Thursday as demand for the greenback picked up in the wake of the Iranian crisis and economic data from New Zealand came in below expectations. The ANZ National bank released its C
EURUSD bounced back above the critical 1.110 level after a disappointing US Non-Farm Payroll (NFP) report. The pair was originally trading lower before the announcement but pared its losses late in th
It's a sour start to the week for the British pound as it fell across the board on Monday after a disappointing release of economic data. The GBPUSD pair is currently trading down 0.65 percent ove
Markets are trading relatively flat on Tuesday with the EURUSD moving slightly lower at -0.04 percent over the previous day. Eurozone 10-year government bond yields inched down, reducing the demand fo
US Treasury yields fell on Wednesday as investors braced themselves for the imminent signing of a phase 1 trade deal between the world’s two largest economies, China an
The British pound see-sawed against the US dollar on Friday before closing at a loss for the day of -0.56 percent. GBPUSD initially climbed up to 1.31 early in the trading session but met enough resis
Price action in gold remains relatively muted at the start of the trading week compared to the large moves seen in the previous month. The precious metal is up 0.20 percent at the time of writing.The
Australia has been hit by severe bushfires in the past weeks which are starting to take its toll on the Australian economy. The government recently announced a 2 billion AUD relief package to aid the