The USD/CAD pair is currently trading in a tight range near 1.3550 as investors await the Bank of Canada's (BoC) monetary policy announcement. The BoC is expected to cut interest
GBP/USD struggles near 1.3100 as market sentiment sours The Pound Sterling (GBP) is facing resistance near the round-level support of 1.3100 against the US Dollar (USD) in today's London session.
As the US Dollar (USD) short squeeze continues, currencies such as AUD, NZD, and THB are feeling the pressure, according to OCBC FX strategists Frances Cheung and Christopher Wong. Potential
Title: Market Analysis Post-US Labor Day: Defensive Stance and Risk Assets Pressure The markets have shifted into a defensive stance post-US Labor Day, with risk assets facing pressure. According to
The US Dollar Index (DXY) surged to two-week highs as risk assets faltered amidst renewed recession fears, pushing the index towards the key 102.00 level. Despite lower US yields, the
The USD/JPY pair is experiencing a sharp decline, approaching the 146.00 mark during the North American trading session. This drop in value is attributed to the strengthening of the Japanese
As we head into a pivotal week for the markets, all eyes are on the upcoming Non-Farm Payrolls (NFP) data release. Traders are eagerly awaiting this update to gauge the
Get ready for a surge in currency volatility as US markets resume trading after the Labour Day weekend. The focus of the day is on the ISM manufacturing index in
The price of silver (XAG/USD) is on a downward trend for the third consecutive trading session, reaching near $28.20 as the US Dollar (USD) continues to strengthen amidst uncertainty surrounding
As the US markets open after the Labor Day holiday, the US Dollar (USD) is trading slightly higher against most major currencies. The only exception is the Japanese Yen (JPY),