Forex News

Silver prices slide below $25 amid strong dollar and risk off market vibe
Silver prices slide below $25 amid strong dollar and risk off market vibe
Risk-off and a stronger US dollar has seen spot silver prices trade on the back foot. XAG/USD has dropped back below the $25.00 level. However, falling r...
Forex News 31 minutes ago
Coronavirus: Pfizer tells EU vaccine shipments will be delayed, Italy extends lockdown
Coronavirus: Pfizer tells EU vaccine shipments will be delayed, Italy extends lockdown
Pfizer has told EU countries that there will be a delay in shipments of COVID-19 vaccines, but that the deliveries will be catch up by the end of March. The jab...
Forex News 32 minutes ago
AUD/USD prints fresh lows under 0.7700 amid risk aversion.
AUD/USD prints fresh lows under 0.7700 amid risk aversion.
US dollar jumps across the board as Wall Street tumbles. AUD/USD drops to 0.7680 before rebounding, remains under pressure. The AUD/USD accelerated the...
Forex News 32 minutes ago
GBP/USD falls victim to strong US dollar pick up, slides beneath 1.3600
GBP/USD falls victim to strong US dollar pick up, slides beneath 1.3600
GBP/USD has dropped back beneath the 1.3600 level in recent trade as a result of broad US dollar strength. Though USD has seen significant recovery in rece...
Forex News 32 minutes ago
Gold Price Analysis: XAU/USD bears eye $1,815 as next target – Confluence Detector
Gold Price Analysis: XAU/USD bears eye $1,815 as next target – Confluence Detector
The safe-haven US dollar is on the rise, benefiting from concerns about the strength of the US economy. The rush to cash is sucking away funds from other assets...
Forex News 32 minutes ago
USD/CAD jumps to 1.2765, moves away from multi-year lows
USD/CAD jumps to 1.2765, moves away from multi-year lows
US dollar moves higher supported by risk aversion. USD/CAD erases weekly losses, faces resistance at the 20-day SMA. The USD/CAD rose to 1.2765, reachin...
Forex News 32 minutes ago
US Retail Sales: E-commerce posts biggest monthly decline since the pandemic began – Wells Fargo
US Retail Sales: E-commerce posts biggest monthly decline since the pandemic began – Wells Fargo
Data released on Friday showed an unexpected decline in retail sales (-0.7% vs 0.0). According to analysts at Wells Fargo, point out declines were broadly...
Forex News 32 minutes ago
EUR/USD to consolidate between 1.2000 and 1.2500 rather deeper reversal lower – MUFG
EUR/USD to consolidate between 1.2000 and 1.2500 rather deeper reversal lower – MUFG
The euro corrected lower as yields move higher in the United States and the United Kingdom relative to the Eurozone, explained analysts at MUFG Bank. According...
Forex News 32 minutes ago
S&P 500 drops back from near-all time high levels, recedes further from 3800
S&P 500 drops back from near-all time high levels, recedes further from 3800
US stock markets have been under selling pressure, with the S&P 500 dropping further back from the 3800 on Friday. Markets are in a broadly risk-off mo...
Forex News 32 minutes ago
US: Manufacturing recovery moves along – Wells Fargo
US: Manufacturing recovery moves along – Wells Fargo
No slowdown in the industrial sector is seen in Friday’s numbers according to analysts at Wells Fargo. They highlight manufacturing output rose 1.0% in December...
Forex News 32 minutes ago
EUR/JPY: Short-term correction lower is underway MUFG
EUR/JPY: Short-term correction lower is underway MUFG
Analysts at MUFG Bank, see the EUR/JPY pair moving to the downside. They have a trade idea of shorting the pair at 125.70 with a target at 123.00 and a stop-los...
Forex News 33 minutes ago
EUR/USD could drop under 1.20 before rising back to 1.22 – Rabobank
EUR/USD could drop under 1.20 before rising back to 1.22 – Rabobank
While it may be too early to argue in favor of a sustained move lower in the EUR/USD pair, analysts at Rabobank retain their view that fundamentals in both the...
Forex News 33 minutes ago
UK PM Johnson: Some early signs pressure might be slightly easing in London
UK PM Johnson: Some early signs pressure might be slightly easing in London
British Prime Minister Boris Johnson said on Friday that there are some tentative early signs that the pressure with respect to coronavirus infections might be...
Forex News 33 minutes ago
USD/JPY: The Japanese yen is set to remain strong – Danske
USD/JPY: The Japanese yen is set to remain strong – Danske
Analysts from Danske Bank keep their expectations for further strength in the Japanese yen. They forecast USD/JPY at 103.00 in a month, 102.00 in three months a...
Forex News 33 minutes ago
WTI drops briefly back below $52.00 amid risk off market conditions
WTI drops briefly back below $52.00 amid risk off market conditions
WTI has been on the back foot on Friday dropping from the high $53.80s to around $52.00. Demand concerns amid further lockdown restrictions in Europe, coup...
Forex News 33 minutes ago
United States Baker Hughes US Oil Rig Count increased to 287 from previous 275
United States Baker Hughes US Oil Rig Count increased to 287 from previous 275
...
Forex News 33 minutes ago
NZD/USD settles around 0.7150 after dropping to fresh multi-week lows
NZD/USD settles around 0.7150 after dropping to fresh multi-week lows
NZD/USD remains on track to close sharply lower on Friday. US Dollar Index rose to its highest level since late December. Market mood remains sour after...
Forex News 33 minutes ago
US: UoM Consumer Sentiment Index declines to 79.2 in January vs. 80 expected
US: UoM Consumer Sentiment Index declines to 79.2 in January vs. 80 expected
Consumer confidence in US continued to weaken in January. S&P 500 remains on the back foot after the report. The Consumer Sentiment Index in the US...
Forex News 33 minutes ago
GBP/USD to run higher above critical resistance at 1.37
GBP/USD to run higher above critical resistance at 1.37
GBP/USD has been hovering below 1.37 as markets digest Biden and Powell's speeches. The UK's vaccination campaign and weak US data may push cable above the stro...
Currency News 7 hours ago
Greece Unemployment Rate (MoM) increased to 16.7% in October from previous 16.1%
Greece Unemployment Rate (MoM) increased to 16.7% in October from previous 16.1%
...
Forex News 7 hours ago
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