Category: Forex

It was a risk-on day for financial markets, as crude oil closed out with nearly a 3% win while gold hit fresh record highs. U.S. stock traders also had a blast, as…

European Central Bank (ECB) policymakers announced their unanimous decision to lower their main deposit rate by 0.25% as expected, following its previous cut in June. The central bank cut its deposit facility…

This sterling pair seems to be struggling to sustain its recent trend, and a chart pattern is forming to suggest a potential reversal. GBP/CAD made a couple of failed attempts to bust…

The major assets were all over the place on Wednesday as traders priced in their Fed rate cut biases, U.S. political updates, and top-tier reports from the U.K. and the U.S. In…

Data from the U.S. Bureau of Labor Statistics showed the U.S. headline inflation clocking in at 0.2% m/m in August, the same as July’s rates and analysts’ estimates. The annual headline inflation…