XAU/USD marches towards $1,960 on tailwinds of weaker DXY
XAU/USD is marching towards $1,960.00 as DXY has slipped amid uncertainty over the release of the US CPI. Fed’s Mester...
Forex News
Weekend comments from Fed’s Mester – rate hikes will cool demand
Cleveland Federal Reserve branch president Loretta Mester spoke on Sunday US time in an interview on CBS' "Face the Nation."Fed...
ECB reportedly creating a crisis tool in case bond yields jump – BBG
The European Central Bank is creating a crisis tool to address a potential jump in bond yields, Bloomberg reported on...
EURUSD trades to a new week low as sellers exert more pressure to the downside run
EURUSD is lower for 7 consecutive daysThe EURUSD EUR/USD The EUR/USD is the currency pair encompassing the European Union’s single...
Not feasible today to source sufficient gas needed by Germany without Russia imports
In a joint press conference alongside UK PM Boris Johnson on Friday, German Chancellor Olaf Scholz said that it is...
USDCAD moves to a new week high and tests its 200 day MA target
USDCAD moves up to test the 200 day MAThe USDCAD USD/CAD The USD/CAD is the currency pair encompassing the dollar...
GBP/USD recovers after reaching a 17-month-low below 1.3000, back around 1.3020s
The British pound is set to finish the week on a negative tone, down 0.83%. The US Dollar Index pierced...
US Dollar Climbs Higher as Fed Speakers Hit “Peak Hawkishness”. Where to for USD?
US Dollar, Fed, Bullard, Treasuries, Crude Oil, AUD, CAD, NZD - Talking PointsThe US Dollar continues to be supported by...
ECB is crafting a crisis tool to activate if bond yields jump – report
It's a matter of time until periphery yields explode to the upside once again. Italy's stats bureau warned of a...
USD/JPY jumps above 124.00, posts fifth consecutive weekly gain
USD/JPY heads for the highest daily close since August 2015. The US dollar remains strong versus the Japanese yen, supported...
