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

On-chain data indicates a higher percentage of shorts compared to longs, potentially extending the bearish trend. Nasdaq has filed with the SEC to list and trade Bitcoin Index Options (XBTX). U.S. spot Bitcoin ETFs recorded $127.1 million in outflows on T

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.

The US Dollar propelled higher buoyed by another week of the central bank policy divergence narrative. Another strong week for the Greenback left risk-sensitive assets on the defensive, with the central bank's policy divergence narrative remaining the key

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 AUD/USD price analysis shows mild bullish sentiment as the Aussie edges higher despite poor GDP data in Australia. The currency strengthened against a weak dollar after data in the previous session revealed a drop in US job openings.

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

Expectations for the Bank of England to start reducing interest rates from the June meeting have recently deepened on increasing signs that price pressures are easing. This week, the US Inflation data will significantly impact Fed rate cut expectations.

Ethereum (ETH) has been consolidating for three days, despite the launch of Ethereum ETCs on the German stock exchange and positive updates on its potential security status from JP Morgan analysts.

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

Here is our GBP/USD weekly forecast where we look at the technical levels and factors that will affect the GBP/USD next week.

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.

Gold price trades in the green but is off the day's highs of $2,200 reached during the overnight session for North American traders

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

The New Zealand Dollar (NZD) declined against the US dollar (USD) following the release of US economic data suggesting inflation may remain elevated, leading to expectations of continued high interest rates in the US.

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