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Trading in the FX Market is more than just plotting indicators and placing an EA on a chart. Fundamentals are the catalyst and the driving force behind price moves, and if you aren’t keeping your ear to the ground, any one of a myriad of news events can seriously ruin your day. Bookmark this page to stay up-to-date on trending news and upcoming news events that affect your trading.

Gold consolidates in a range, hangs near 6-week lows

Gold extended its bearish consolidative price action on Tuesday and remained within striking distance of near six-week lows set in the previous session.The precious metal failed to capitalize on the overnight attempted rebound...

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Forex Today: Antipodeans slip on China woes; Eurozone/ UK services PMI eyed

Forex today witnessed broad-based US dollar strength in Tuesday’s Asian trading, mainly driven by moderate risk-aversion on fading US-China trade optimism as China slowdown worries resurfaced following softer Chinese GDP target and...

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USD: Prohibitive?

Once again Trump appeared to be expressing his preference for a softer exchange rate. This would be consistent with comments he made in January 2017 that the dollar was “too strong...

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GBP/USD drops to session low, bulls struggling to defend 1.3200 mark

The GBP/USD pair quickly reversed an early European session spike to 1.3255 area and dropped to fresh session lows in the last hour, filling the weekly bullish gap...

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Forex Today: Risk-on amid US-China trade optimism; UK construction PMI – Up next

Markets brace for a slew of second-tier macro releases from the EUR calendar today, as the Brexit-related headlines and US-China trade developments will continue to drive the overall risk trends. At 0930 GMT, the UK construction sector activity report for...

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Global growth hinges on China’s Big Week

Mixed economic data, a rollercoaster ride in trade, and fresh geopolitical risks saw US equities edge higher on the week, while the dollar was little changed. With the data dependent Fed likely to be on hold for at least the first half of the year, financial markets will...

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Gold Technical Analysis: Bears await a sustained break below 1-month old trend-line support

The precious metal remained under some heavy selling pressure for the third consecutive session on Friday and dropped to challenge one-month-old trend-line support...

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EUR/JPY Technical Analysis: The cross now targets the key 200-day SMA

EUR/JPY has regained fresh upside traction and surpassed the key barrier at 127.00 the figure, coincident with later December 2018 peaks...

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Forex Today: Yen weakest in Asia risk-on; focus on UK PMI, Eurozone CPI

A renewed risk-on wave gripped the financial markets across Asia on the final trading day of the week, as markets cheered upbeat US growth numbers and Chinese Caixin factory sector activity report that...

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Gold bears looking for a break of the $1,300/oz level to 38.2% Fibo target

Gold prices have been steadily declining since last week's highs of $1,343/oz and has made a fresh reversal low today following the unexpected uptick in US GDP Q4. The advanced read on...

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EUR/USD turns flat below 1.14 as DXY clings to gains above 96

The EUR/USD pair rose to its highest level since February 5 at 1.1420 earlier in the day but failed to preserve its momentum in the second half of the day. As of writing, the pair was virtually unchanged on a daily basis at 1.1372....

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Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 28.02.2019

We have held the same view since last Wednesday (20 Feb, spot at 1.1345) wherein the “immediate risk is on the upside but it is too soon to expect a sustained rise in EUR”. We highlighted the strong resistance levels at 1.1410 and 1.1440 and expected EUR to...

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Oil: Prices stabilising

Oil prices has stabilised somewhat after sources said that US crude oil inventories (to be disclosed today) will show a drop of some 4.2m barrels compared to a median estimated forecast of +3m barrels...

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Brexit to remain in focus this week

MUFG analysts are expecting that the main focal point for markets this week will be on Wednesday’s votes in UK parliament on fresh Brexit amendments...

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Gold edges lower to $1325 level, focus remains on Powell’s testimony

Gold extended its steady decline from intraday highs, around the $1330 area, and is currently placed at the lower end of its daily trading range. Having failed to capitalize on Friday's attempted bounce, the precious metal...

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EUR/USD within a tight range near 1.1350, focus on Powell

EUR/USD is extending the consolidative theme in the upper end of the current range around 1.1350 amidst thin trade conditions and scarce volatility....

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Gold drops below $1330 as USD recovers modestly

The XAU/USD pair failed to hold above the $1330 mark on Monday and came under modest bearish pressure in the second half of the day. As of writing, the troy ounce of the precious metal was trading at...

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EUR/JPY challenges 2-day highs near 125.80

The continuation of the upbeat mood around the riskier assets is bolstering today’s buying pressure in EUR/JPY to the current 125.70/80 band...

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Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 25.02.2019

EUR spent another day ‘going nowhere’ as it closed little changed last Friday (NY close of 1.1341, +0.06%). Despite the lackluster price action, we continue to see scope for EUR to move higher. However, as...

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USD/CAD Canadian Dollar Higher on Stronger Oil and Softer Dollar

Canadian Dollar rose 0.47 percent on Friday despite retail sales falling unexpectedly in December. Trade optimism offset the data miss as the US dollar remains on the back foot following lower than expected manufacturing data points published on Thursday...

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EUR/USD eases from tops beyond 1.1350 post-IFO

After briefly testing the 1.1350/60 band earlier in the session, EUR/USD came under some selling pressure in the wake of the publication of key German data...

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Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 22.02.2019

EUR/USD: Neutral (since 21 Aug 18, 1.1485): Immediate risk is on the upside but too soon to expect a sustained rise in EUR. EUR closed unchanged in NY (1.1334, 0.00%) and there is no change in view (see reproduced update below)...

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EUR/GBP flirting with highs near 0.8700, focus on Brexit

The offered bias around the Sterling is helping EUR/GBP to advance to the area of daily highs in the 0.8700 neighbourhood...

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EUR/USD struggles for direction near 1.1340

EUR/USD seems to have found some strong resistance in the area of weekly peaks in the 1.1330/40 band for the time being.EUR/USD looks to data...

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Forex Today: Aussie sees big moves in Asia; Eurozone flash PMIs, ECB minutes – Up next

Forex today was dominated by the ongoing Yuan upsurge and sharp moves in the Aussie-dollar, as the US-China trade deal expectations heightened ahead of the 2-day meeting between the top...

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FOMC Minutes Preview: Major Banks expecting a reiteration of a dovish message

As we head closer to the release timings, the economists and researchers of major banks are expecting that the Fed minutes should reiterate an overall dovish message, after a range of Fed speakers have shown their support for patience, since the January meeting...

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EUR/USD: Range preserved – Commerzbank

For the EUR/USD pair, recovery from here is currently being seen and this preserves the range and leaves the 1.1520 200 day ma back in the picture...

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BoJ’s Kuroda: Doesn't believe current BoJ policy is weakening the Yen

The Bank of Japan (BoJ) Kuroda is on out on the wires now, via Reuters, making a parliamentary appearance again today.On Tuesday, Kuroda sparked a sharp Yen sell-off across the board after he said that the BoJ is ready to ease further if there is any difficulty in achieving the 2% price target...

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Comments from Fed’s Mester show balance sheet decision may come as early as March

Cleveland Fed President Loretta Mester on Tuesday became the latest U.S. central banker to support ending the balance sheet run-off this year...

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Gold bulls seeking out a run to $1,360/oz while now testing out 10-month highs

Gold, as a safe haven asset, (the other currency), has been raising the market's eyebrows of late and its rally is somewhat concerning, and not just to the bears. Often, when the price of gold rallies, it is a sign that markets are on alert, fearing the...

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EUR/USD returns to 1.1300 on mixed German, EMU ZEW

After a brief adventure to daily highs beyond 1.1320, EUR/USD has now receded to the 1.1300 neighbourhood in the wake of mixed results from the ZEW Survey...

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EUR/USD eases from 3-day highs above 1.1330

EUR/USD keeps the positive performance well and sound at the beginning of the week and is now navigating the upper end of the range in the 1.1330/35 band, or new session highs...

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Gold bulls take a breather just ahead of $1326 level, or multi-month tops

Gold held on to its positive tone at the start of a new trading week, albeit trimmed a part of its early gains back closer to multi-month tops. The precious metal built on last week's ...

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ECB to stay on hold in 2019-20 – Rabobank

Analysts at Rabobank have changed their ECB view, and now no longer expect the ECB to hike rates in 2019 or 2020...

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Dollar Falls as Trade Optimism and Domestic Uncertainty Take Their Toll

The US dollar was lower against major pairs on Friday. US-China trade talks wrapped up in Beijing with little details, but official comments continue to be positive and a possible memorandum of understanding between the two nations calmed investors...

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Oil: Prices are undervalued given the current supply uncertainty - Rabobank

The oil market is setting up for further gains this week after posting another series of higher highs and higher lows," argued Rabobank research team. "Supply-side worries have increased on the margin and geopolitical risk from...

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EUR/USD rebound from 2019 lows, back around 1.1280

Volatility remains the name of the game so far at the end of the week, as EUR/USD has now advanced to the 1.1280/85 band after briefly recording fresh 2019 lows in the boundaries of 1.1230...

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Gold hits 2-week tops, around $1320 level amid global growth concerns

Gold built on the overnight goodish bounce from monthly lows and continued gaining positive traction through the mid-European session on Friday.The precious metal continued showing some...

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EUR/USD – Euro shrugs off soft German, eurozone GDP

EUR/USD has ticked higher in the Thursday session. Currently, the pair is trading at 1.1272, up 0.10% on the day. In economic news, it’s a busy day. German Preliminary GDP improved to...

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GBP/USD falls to 1-month low, 1.2800 mark back on sight

A fresh wave of US Dollar buying emerged during the early European trading session and was seen as one of the key factors behind the pair's sharp intraday slide of over 60-pips over the past one hour or so...

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EUR/USD is sitting at key support level

EUR/USD pair has closed below major supports level of 1.1270/67 but it has not provoked a big sell off and is not exactly convincing...

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USD/MXN holds bullish tone, near 19.30

The USD/MXN broke yesterday a multi-day range above 19.15 and jumped to 19.32, reaching the highest level in a month. Today pulled back to 19.20 and rebounded back above 19.25. As of writing trades at 19.26, marginally lower for the day and close to the 19.30 zone...

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EUR/USD recovers above 1.13 as greenback continues to weaken

The EUR/USD pair is staging a modest rebound on Tuesday and is looking to snap its 7-day losing streak. Following a drop to its lowest level since mid-November at 1.1257, the pair took advantage of the broad USD weakness and changed...

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USD: Downside seems limited in 2019 - Westpac

US dollar (DXY) is only marginally below its 2018 high of 97.4 at 97.1 (–0.3%) and heading into 2019 underlying momentum in the US economy is unquestionably strong.

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EUR/USD depressed and closer to 1.1300

The selling mood surrounding the European currency stays well and sound at the beginning of the week and is now dragging EUR/USDcloser to the critical support at 1.1300 the figure

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Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 11.02.2019

EUR is “under mild downward pressure and could test the major 1.1265/85 support zone”. EUR subsequently drifted lower and touched a ‘fresh’ low of 1.1317 before settling...

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China stocks climb after holiday break, driven by trade-deal hopes

Asian stocks were mostly higher on Monday as traders watched for developments on a fresh round of trade talks between American and Chinese officials in Beijing this week. Markets in China and Taiwan, reopening after a weeklong Lunar New Year break, posted broad gains.

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Dollar’s next move depends on Trump’s trade progress and border wall funding concession

The relief rally in equities appears to have run out of steam as risk aversion gained momentum on concerns trade talks are not progressing fast enough and global growth fails to show signs of stabilisation, despite ...

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We see risk that EUR/USD could retreat towards 1.12 on a 3 to 6 mth view - Rabobank

This week’s growth revisions have underpinned the downside risk to global activity this year...

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GBP/USD spikes to fresh session tops, around 1.2970 level

The GBP/USD pair quickly reversed a dip to an intraday low level of 1.2921 and rallied nearly 50-pips in the last hour, now eyeing a move towards the overnight swing high...

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Gold Technical Analysis: Descending channel/200-hour SMA confluence region to cap goodish intraday bounce

The precious metal reversed an early dip to over one-week lows and refreshed session tops, around the $1310 region in the last hour amid reviving safe-haven demand...

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GBP/JPY Technical Analysis: Bulls trying to defend descending channel support ahead of BoE

 Over the past two weeks or so, the cross has been correcting from near two-month tops along a descending trend-channel formation on short-term charts...

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EU slashes euro-zone growth forecast to 1.3%, Italy only 0.2% - EUR/USD pressured

The European Union cut the growth forecast of the euro-zone from 1.9% to only 1.3% in 2019. The fresh data is even worse for Italy, the third-largest economy. The European Commission sees a meager growth rate of 0.2% against 1.2% originally forecast...

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Gold slides to $1312 level

Gold dropped to fresh session low in the last hour, around the $1313-12 region, and has now erased a major part of the previous session's modest uptick.The precious metal failed to build on the overnight attempted bounce from closer to...

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GBP/USD rallies over 40-pips from 2-week lows, refreshes session tops

he GBP/USD pair quickly reversed an early European session dip to two-week lows and rallied around 40-45 pips to refresh session tops in the last hour.Despite a series of weak PMI prints recently, which reaffirmed the...

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EUR/USD: Choppy?

Senior FX strategist at Rabobank, expects EUR to face difficulty in gaining traction vs. the USD in the months ahead because of the current downside risks to Eurozone growth and the political issues risks stemming from trade wars in addition to the European parliamentary elections...

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Soft Dollar and Strong Stock Market Supported by Dovish Fed and Strong US Economic Data

Commodity currencies outperformed against the US dollar after the Fed clearly signalled that rates are going nowhere anytime soon, also shrugging off a very strong nonfarm payroll number. Strong corporate earnings and no major hiccups with trade talks also helped drive equities higher on the week...

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Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY-01.02.2019

We have held the same view since Monday (28 Jan, spot at 1.1410) wherein there is “room for EUR to test 1.1490”. We had doubts about the “the sustainability of the advance” but added, “a daily closing above 1.1490 would indicate that EUR is ready to challenge the...

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GBP/USD continues to consolidate

Karen Jones, analyst at Commerzbank, explains that the GBP/USD pair continues to consolidate very near term and remains underpinned by the near term uptrend at 1.3035...

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EUR/JPY drops to 6-day lows near 124.50

The EUR/JPY pair came under a renewed selling pressure in the second half of the day and dropped to its lowest level since January 25 at 124.49. As of writing, the pair was losing 0.43% on the day at 124.55...

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Brexit: Drop the backstop and create a customs association, Ifo economists say

The authors of a report released by EconPol Europe have urged the UK and EU to drop the backstop solution for Northern Ireland and instead lift the time limit on the provisional agreement while working on an ambitioned customs union. In the report, released today...

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AUD/USD: Upbeat inflation pleased Aussie bulls before Fed meets

The Australian Dollar (AUD) recovered all of its Tuesday's losses and gained 50-pips towards marking the Wednesday's high of 0.7200 after the fourth-quarter inflation rose 1.8% y/y, beating the market estimates.The Aussie became the only G10 currency appreciated across the ...

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EUR/USD Technical Analysis: Upside stalled near the 100-day SMA

The march north in EUR/USD appears to have met a tough resistance in the 1.1450 region, where sits the key 100-day SMA...

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Why the Fed may not announce a change to its balance sheet plan on Wednesday

Investors who are hoping the Federal Reserve signals a change or adjustment in its balance sheet policy on Wednesday are likely to be disappointed, economists said.To reduce its $4 trillion holdings of Treasurys and mortgage-backed securities amassed during the...

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GBP/USD drops to session lows, recovers to 1.3150 as Brexit Plan B debate continues

The GBP/USD pair came under a renewed selling pressure in the last hour and dropped to a fresh session low of 1.3130 before recovering modestly. As of writing, the pair was down 0.1% on the day at 1.3150...

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Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 29.01.2019

There is not much to add to the update from yesterday (28 Jan, spot at 1.1410). As highlighted, while further EUR strength is not ruled out, we have doubts about the sustainability of the current advance. However, there is room for a test of the 1.1490 resistance but only a...

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Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY 28.01.2019

After plunging sharply last Thursday (24 Jan) and breaking several strong support levels with ease, the abrupt and strong reversal on Friday (25 Jan) came as a surprise (EUR posted a huge gain of +0.95% on Friday, the largest 1-day advance in 7 months). The break of the ...

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Dollar Falls Ahead of Busy Week in Markets

The US dollar is weaker across the board on Friday after President Trump reached a deal to reopen the Federal government. Washington will continue to operate amidst political uncertainty at the discussed agreement is only until February 15 when a new...

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BoC's Poloz: Could see some spillovers’ from US government shutdown

Poloz said that they could see some spillover from the government shutdown in the U.S. Earlier in the day...

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Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 23.01.2019

“EUR is under mild downward pressure and could test the 1.1330 support”. After about a week of ‘grinding’ price action, EUR touched 1.1333 during NY hours before recovering quickly...

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EUR/JPY continues to move sideways below 125 handle ahead of ECB and BoJ

The EUR/JPY pair is moving sideways on Monday ahead of this week's critical central bank events...

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Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY-21.01.2019

EUR is under mild downward pressure and could test the 1.1330 support”. EUR has edged lower and on last Friday, it made a ‘fresh’ low of 1.1350. The price action reinforces ...

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Strong US Data, Trade Solace, & Consistent Fed Speak Drive Strong Dollar and Risk Narrative

The US dollar rally continues to be supported by strong US data, accommodative comments from Fed officials, and a very strong US stock market. This week also saw big shifts in interest rate probabilities, the market shifted from seeing the next move go from a cut to now favouring a rate hike. Next week will p

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Forex Today: Yen weaker amid US-China trade optimism, UK retail sales – Up next

Forex today cheered a risk-friendly market environment, as the revival of hopes over the US-China trade resolution boosted the sentiment across Asia. Among the Asia-pac currencies, the Yen traded on the ...

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Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 17.01.2019

EUR edged below Tuesday’s (15 Jan) low of 1.1378 and touched 1.1374 before recovering slightly. The price action reinforces our view wherein EUR is “under mild downward pressure” and we continue to see chance for a test of the 1.1330 support...

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UK: On course for a hard Brexit?

The strength of last night’s vote in the UK’s House of Commons against PM May’s Withdrawal bill makes it very clear that there is no deal in place between the UK and the EU...

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Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY-16.01.2019

EUR has likely ‘lapsed’ back into a consolidation phase and is expected to trade sideways within a 1.1410/1.1550 range. EUR subsequently cracked the bottom of the expected range at 1.1410 with ease and dropped to a low of 1.1378 before ending the day on a weak note...

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British pound volatile as Brexit-vote day arrives

The British pound bounced around Tuesday, briefly pushing to pushing to levels not seen since mid-November, hours ahead of a crucial vote on an exit plan for the U.K. to leave the European Union...

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Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY- 14.01.2019

While the ‘key support’ indicated at 1.1440 is still intact (low of 1.1455 last Friday), the weak daily closing in NY (1.1468, -0.26%) suggests that our expectation for EUR to test the major 1.1620 resistance level is likely wrong. However...

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Fed’s Dovishness Confirmed – Focus Shifts to Brexit and Earning Season

The US dollar continues to weaken in 2019, this week’s decline was supported by the Fed’s Minutes and a busy week of FOMC talk that cemented views that the Fed can wait on the next interest rate hike. The narrative now shifts from central bank focus to Brexit and earning seasons...

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USD/JPY - Fed Will Put Over-Valued USD/JPY In The Cross Hairs

The increasing chances of a pause in Fed interest rate increases, underscored by Chairman Powell's latest comments, mean the dollar will get its comeuppance for last year's broad rally, and nowhere will that be more apparent than against the yen...

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FOMC: Caution in mind

According to analysts at Rabobank, the minutes of the December 18-19 meeting clearly depicted the cautious tone of Fed speakers since the December meeting and the projection of two hikes in 2019 was made with this caution in mind...

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Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY -09.01.2019

We highlighted yesterday that “we have doubts about the sustainability of EUR strength” and added, “we would adopt a more positive view on EUR if it closes above 1.1500 in NY”. The major 1.1500 level remains unthreatened as EUR eased off from a high of 1.1485. In other words, there is ...

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Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 08.01.2018

Despite the relatively strong advance of +0.71% yesterday (NY close of 1.1474), we have doubts about the sustainability of EUR strength. However, the current level of 1.1475 is not far from the top of our expected 1.1320/1.1500 consolidation range and a break of 1.1500 would not be surprising...

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Markets Rise After Strong US Jobs Growth with Fed Talking Down Rate Hikes

The US dollar had a tough first week of 2019. The greenback is lower against most major pairs as market optimism of two rate hikes from the U.S. Federal Reserve have virtually evaporated. Mixed economic indicators and a neutral to dovish Fed Chair Powell put...

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Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY-03.01.2019

We highlighted yesterday EUR “may struggle to maintain a toehold above 1.1500” but the sharp and rapid drop from a high of 1.1497 came as a surprise. The sudden turnaround has shifted the pressure quickly to the downside...

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USD/JPY recovers large part of daily drop on improved sentiment, trades near 109.50

The USD/JPY pair dipped below the 109 mark for the first time in more than 7 months on Wednesday during the European trading hours but was able to retrace the majority of this drop in the second half of the day supported by improved ...

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Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 02.01.2019

While EUR traded within a relatively narrow 179 pips since late November (between 1.1266 and 1.1485), it closed on a firm note the past couple of trading days. We expect further up-move in the coming weeks even though lackluster upward momentum suggests EUR could struggle to ...

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FX Today: Markets thin as the new year rolls around

In forex today, markets have ground to a near-halt heading into the New Year's shutdown to round out the holidays, and although the latter half of this week could see an influx of fresh volumes into the broader markets, the fx marketspace remains tepid as investors take a...

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Dollar might face hard times in 2019

Dollar bulls have wined and dined like kings and queens in 2018. The greenback appreciated the most against the emerging market currencies. The earlier part of the year saw the focus on rising US interest rates and political stories lead the way...

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Oil remains bid after inventories post small decline

Oil prices climbed higher after the weekly DOE crude inventories fell by 46,000 barrels last week, the market consensus was for a decline of 2.5 million barrels. The reason oil prices edged ...

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EUR/USD eases from weekly tops, still well bid around mid-1.1400s ahead of German CPI

The EUR/USD pair trimmed a part of its early gains to fresh weekly tops but has managed to hold with modest daily gains, around the 1.1450 region...

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Dollar slides versus haven currencies as equities renew selling

The U.S. dollar weakened on Thursday, nearly erasing its Boxing Day gains, while haven currencies strengthened, amid a fresh retrenchment in risk appetite, a day after stock markets staged a historic burst higher...

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Fed projections are the problem

These projections were introduced by the previous Chair Yellen to give the market a sense of certainty that policy would stay accommodative for a long time. They were intended to send a message to encourage animal spirits in the economy...

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Japan’s Nikkei tumbles into a bear market after Wall Street’s latest slide

Japanese stocks plunged Tuesday and other Asian markets declined following heavy Wall Street losses triggered by President Donald Trump’s attack on the U.S. central bank...

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Forex Today: Risk sentiment sees markets drifting mildly higher in the pre-Christmas wind-down

In forex today, risk-based pairs drifted quietly higher, though overall markets remain tepid with pre-holiday volumes keeping action constrained near familiar levels...

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Volatility and Risk Aversion Continue to Dominate December

What a week for bears and volatility! The highly anticipated Fed event delivered volatility that brought down all the major indexes to their knees. The Fed raised rates, reduced their ...

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Cloudy Skies Remain For AUD/USD Into The Fed

Indications from the Fed that their rate hike cycle is complete after tomorrow, progress on U.S.-Sino trade relations and improved sentiment regarding global growth could all help ease downward pressure on AUD/USD...

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Gold retreats after being unable to break above $1250

Gold is trading at $1,247/oz, practically flat for the day. Hours ago reached the highest level in a week at $1,250.20. The area around the critical $1,250 level capped the...

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EUR/USD May Struggle To Rally On Any Fed Dovishness

EUR/USD will struggle to gain from a kinder gentler FOMC, even though the big downside surprise in today's NY Fed manufacturing bolstered the view that the U.S. central bank will temper its hawkish stance after this week's meeting...

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