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Foreign Exchange Rate
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Gaza aid convoys expected to open higher
European markets saw the back of another negative week, with losses accelerating after the DAX broke below its October lows...
Read moreMurrey Math Lines: EUR/USD, GBP/USD
EUR/USD, “Euro vs US Dollar” EUR/USD quotes are below the 200-day Moving Average on H4, revealing the prevalence of a...
Read moreAUD/USD Outlook: Australian Dollar Continues to Fall After Weak Employment Data
AUD/USD AUD/USD remains in red for the second consecutive day, with overall negative Australian September labor data, adding to downside...
Read moreUSD/CAD Outlook: Seems poised to retest monthly high, looks to Fed’s Powell for fresh lift
USD/CAD climbs to a near two-week high and draws support from a combination of factors. Reduced bets for more BoC...
Read moreRisk sentiment remains low
Market movers today A quiet day on the data front, with only US Philadelphia manufacturing index and weekly jobless claims...
Read moreEscalating conflict in the Middle East strengthens gold prices
U.S. President Joe Biden arrives in Israel, leading international efforts to de-escalate the Middle East conflict. The heightened regional tensions...
Read moreMurray Math Lines: USD/CHF, XAU/USD
USD/CHF, “US Dollar vs Swiss Franc” USD/CHF quotes have broken the 200-day Moving Average on H4 and rest below it,...
Read moreUSD/CNH: The chart of the day
Yuan ready to Weaken? The USDCNH is breaking out of a triangle today ahead of key Chinese data. On Wednesday...
Read moreUS and China macro data surprises to the upside
Market movers today UK September CPI is due for release this morning, consensus expects core inflation to continue moderating to...
Read moreRising conflict in the Middle East supports gold
Escalating tensions in the Middle East ahead of the U.S. The President's visit to Israel cast a shadow. Against this...
Read moreGBP/USD Forecast: Sellers are waiting for the pair to fall below 1.2130.
GBP/USD turned south after failing to stabilize above 1.2200. The near-term technical outlook points to a bearish tilt. A drop...
Read moreMurrey Math Lines: AUD/USD, NZD/USD
AUD/USD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on H4, indicating the prevalence of...
Read moreForex Technical Analysis and Forecast: Majors, Stocks and Commodities
EUR/USD, “Euro vs US Dollar” EUR/USD has completed a correction wave to 1.0562. Today the market continues developing a declining...
Read moreUK wages to remain strong as US retail sales slow
European markets started the week cautiously higher in the absence of an escalation of tensions over the weekend, although you...
Read moreDe-escalation narrative could continue to color trading today as well
Markets Markets kicked off the week in good spirits. Betting on a US led de-escalation of the conflict in the...
Read moreTensions Rise in the Middle East
On the lookout: The week ahead starts off with a light economic calendar for today. New Zealand kicks off earlier...
Read moreEUR/USD Continues to Fall, Gold and Oil Jump
EUR/USD technical analysis Looking at the 4-hour chart of EUR/USD, the pair declined below the 1.0565 support zone. There was...
Read moreTensions in the Middle East to be another source of market volatility
When you consider how uncertain the current geopolitical backdrop is, it was surprising that markets in Europe managed to hold...
Read moreMiddle East Tensions Fuel Safe-Haven Rally
Safe-haven assets such as gold and the US Dollar have experienced a substantial upswing in response to the deepening Middle...
Read moreFlying higher for longer or flying safe
Market movers today A quiet start to the week on the data front, with only US Empire Manufacturing index due...
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