Forex News Category

USD/CAD consolidates losses around weekly lows below 1.2800 as oil eases from monthly high USD/CAD is struggling to regain the 1.2800 level while healing yesterday during Tuesday’s Asian session. The loonies seem to be watching the end of the risk-on mood as well as the decline in the price of Canada’s main export, WTI crude,

XAU/USD hits $1,814 hurdle as Omicron weighs profits Gold (XAU/USD) shows slight gains around $1,810 on a dismal Monday morning. The yellow metal welcomed the weakening of the US dollar, as well as low Treasury yields to produce the latest gains around monthly highs, flashed on Dec. 17. That gives The US Dollar Index (DXY)

XAU/USD hangs at 100DMA ahead of US data Gold prices have remained steady so far in Asian trading on Wednesday, hovering around the daily moving average (DMA). The shiny metal lacks a clear direction, in the absence of a new catalyst, as attention now turns to US CB consumer confidence data for more impetus. Persistent

The NZD / USD have struggled to benefit from a modest rebound from its year-to-date lows and is stable around 0.6725 NZD/USD held around the 0.6725 region in the early European session, although it seems to be struggling to capitalize on the intraday bounce from the current year lows. The pair once again succeeded in

AUD/JPY remains important in 80.70S the risk-free market AUD/JPY drops at the start of the week as risk-on risks continue to reverberate following Friday’s sell-off on Wall Street. At the time of this writing, AUD/JPY is down around 0.3% and sits between 80.73 and 81.04. 4,444 US stocks fell on Friday following news of the