USD/CAD Snaps Lower as Big Miss on NFPs Fuels Weaker US Dollar
USD/CAD price action is back under pressure as the major currency pair snaps 30-pips lower to erase intraday gains in response to a big miss on monthly nonfarm payrolls data…
Gold & Silver Price Analysis: XAU & XAG Heading Towards Resistance
Gold is rallying nicely out of a base but has a big test ahead of it, while silver is doing similar with a less important resistance level ahead.
How the COVID-19 Pandemic is Disrupting India’s Gold Demand
With COVID-19 cases rising in India, local gold demand has taken a hit. How will this affect the price of gold in Q2?
NFP and Forex: What is NFP and How to Trade It?
Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.
FTSE 100 Price Outlook – Multi-Month Rally Boosted by UK Local Election Results
The FTSE 100 hit a fresh 14-month high in early trade as the ruling UK Conservative Party won the previous Labour stronghold of Hartlepool for the first time.
EUR/GBP Holding to Ascending Triangle, Awaiting Scottish Election Results
EURGBP bounces higher after BoE meeting, with focus on whether SNP get a majority in Scotland
Gold Prices May Retreat as US Jobs Data Flags Sticky Wage Inflation
Gold prices surged before April’s US jobs report but the move may unravel if wage inflation proves stickier than expected, stoking bets on sooner Fed stimulus withdrawal.
Indian Rupee Gains May Not Last After Banking System Dollar Glut, USD/INR Eyes CPI
The Indian Rupee has been rising despite a surge in local Covid cases, owing to rising yields amid a temporary flood of US Dollars into the banking system. INR remains…
Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) Analysis: Will Trend Reversal Clues Play Out?
Bitcoin is struggling to extend April’s bounce while Ethereum and Litecoin are exhibiting signs of momentum exhaustion. What are key technical levels to watch for ahead?
AUD/USD Gains May Extend on China PMIs After Discounting AU-China Tensions
AUD/USD is tracking higher despite an overnight drop as tensions between China and Australia heat up further. Today's PMI prints out of China, and the RBA policy statement may move…