The USD is currently gaining momentum but as stock markets are seemingly depreciating, we might see the JPY taking over. In an attempt to regain safe-haven…
The USD is currently showing momentum again and it looks like it has found a bottom against the CAD. Having been lifted from the support area…
Gold prices slipped this morning after hitting a one-week high last session, as the dollar recovered some lost ground after U.S. fiscal package talks stalled. However,…
The Australian dollar slipped to a three-week low this morning as the RBA looks set to enhance monetary easing. Current consensus is that the additional stimulus…
Among other precious metals, silver prices tumbled today as a stronger dollar put pressure on metals. Specifically, silver plunged -4.11% to $22.15 per Troy ounce. As…
The Pound seems to be set for more losses after already having lost momentum during early trading in this week. Growing Covid-19 cases and also pressure…
The EUR/AUD is set to depreciate further if the recent support area can be broken. Yesterday’s latest GDP figures in Australia revealed that the nation’s economy…
The dollar bounced off of two-year lows this morning as U.S. data pointed to a firm manufacturing activity, which led to the EUR/USD losing some steam…
While the dollar is on a downtrend this week and against a basket of currencies, the USD dipped 0.1% to 93.180; it now sits at a…
GBP/AUD traded lower during the Asian session yesterday, after hitting resistance near Monday’s high of 1.8290. That said, the slide bottomed out near the 1.7725 level,…
