Major currency pairs turn quiet early Thursday as investors move to the sidelines ahead of key macroeconomic data releases. Later in the European session, Germany's Destatis will publish preliminary Consumer Price Index (CPI) data for August and the US Bu

The Dollar Index has been coming off sharply and a break below 101 can drag it towards 100.5-99.5 in the medium term. Euro has surged past 1.11 and can test 1.1150/75-1.12 before possibly topping out.

EUR/USD maintains positive stance on the 4-hour chart, with a bullish RSI indicator. The first resistance level is seen in the 1.0900-1.0905 zone; the initial support level is located near 1.0860.

Gold (XAU/USD) is trading up by about 0.2% in the $2,360s on Thursday after the European Central Bank (ECB) decides to cuts interest rates by 0.25% at its June policy meeting.

The EUR/USD pair extends its gains for the third straight day, trading around 1.0850 during the Asian session on Monday. A technical analysis of a daily chart suggests a bullish bias for the pair, as it moves upward within the ascending triangle.

The US Dollar Index (DXY) fell sharply on Friday after the release of disappointing US Nonfarm Payrolls (NFP) data. The NFP report showed that the US economy added only 175,000 jobs in April, well below the expected 243,000. The unemployment rate also ros

Policy divergence and geopolitics continue to drive sentiment in the forex market. The US dollar index (DXY) held steady in low 106.00s, while EUR/USD retreated and GBP/USD revisited the sub-1.2300 area. USD/JPY advanced to a new 34-year high around 154.8

The EUR/USD currency pair has fallen to a five-month low near 1.0600 amid expectations that the Federal Reserve will pivot to rate cuts later than the European Central Bank, extending their policy divergence.

Analysts at Rabobank predict EUR/GBP could break below 0.85 this year due to slower BoE rate cuts and a potentially uneventful UK election. They see GBP/USD dipping but EUR/GBP less impacted, expecting it to reach 0.84 in H2 2024.

The AUD/USD pair has retreated to the 0.6525 area, posting a fresh daily low as traders await the release of Chinese trade data. Reduced Fed rate cut bets and geopolitical tensions continue to underpin the US dollar, exerting downside pressure on the Auss

Bitcoin (BTC) climbed to a high of $72,650 for the first time in four weeks and liquidated over $55.72 million in short positions in the past 24 hours, according to Coinglass data. The 4% daily increase comes about 10 days away from the Bitcoin halving, a

The EUR/JPY pair is trading with minimal losses, reflecting a balance between bullish and bearish sentiments. While short-term indicators suggest a potential downward shift, the broader bullish momentum remains intact on the daily chart. Buyers must defen

The USD/JPY pair is trading sideways amid a mixed market mood and concerns about potential intervention from Japan to support the Yen.

The USD/JPY pair is trading sideways amid a mixed market mood and concerns about potential intervention from Japan to support the Yen.

The ASX 200 Index rose 0.26% to reach 7,900, driven by positive market sentiment and expectations of the Reserve Bank of Australia (RBA) lowering interest rates in the second half of 2024.

EUR/JPY faces a potential shift in momentum as bears gain strength. Technical indicators on the daily chart hint at a negative trend

EUR/JPY faces a potential shift in momentum as bears gain strength. Technical indicators on the daily chart hint at a negative trend

On Tuesday, U.S. stocks faced challenges as market participants grappled with reigniting the previous rally. Despite modest gains earlier

On Tuesday, U.S. stocks faced challenges as market participants grappled with reigniting the previous rally. Despite modest gains earlier

EUR/USD has been consolidating around 1.0830 ahead of the release of key US inflation data. Gains are expected

EUR/USD has been consolidating around 1.0830 ahead of the release of key US inflation data. Gains are expected

EUR/USD has been consolidating around 1.0830 ahead of the release of key US inflation data. Gains are expected

EUR/USD is marginally more likely to drift higher than to fall much, as gradual synchronised easing reduces

EUR/USD is marginally more likely to drift higher than to fall much, as gradual synchronised easing reduces

The Dow Jones Industrial Average (DJIA) climbed over 39,000 points on Wednesday, outperforming the S&P 500 and NASDAQ