Blogs
EUR/USD recovers near-term losses, but gains capped post-US PCE
EUR/USD recovered recent losses on Friday, recovering back into familiar technical levels.
US Dollar trades at loss following the release of December's PCE data
The US Dollar (USD) Index is presently grappling with losses, trading at 103.35 on the DXY, in response to the release of softer Personal Consumption Expenditures (PCE) data for December, which gave the doves hope of earlier rate cuts.
United States Baker Hughes US Oil Rig Count rose from previous 497 to 499
United States Baker Hughes US Oil Rig Count rose from previous 497 to 499
Canadian Dollar pares losses on Friday but remains soft on week
The Canadian Dollar (CAD) found some space on Friday, bolstered by climbing Crude Oil markets and clawing back some of the week’s losses.
Mexican Peso advances amid positive trade data, soft US inflation figures
The Mexican Peso (MXN) stays on a mission and climbs for the third straight day versus the US Dollar (USD) after data from Mexico suggests the Trade Balance expanded more than expected, while inflation data in the United States (US) was softer.
EUR/GBP Price Analysis: Bears take a breather by the end of the week, cross still tallies a weekly loss
During Friday's trading session, the EUR/GBP rose slightly to 0.8540 showing mild gains.
Another positive week for stocks but CAC 40 and FTSE 100 shine
Cooling US inflation and positive corporate news helped European stocks end week on a high, says Axel Rudolph, Senior Market Analyst at online trading platform IG.
Gold Price Forecast: XAU/USD to head towards new all-time highs – TDS
Gold prices are near all-time highs. Strategists at TD Securities analyze the yellow metal’s outlook.
Europe should prepare for Trump II – Commerzbank
Donald Trump has at least a good chance of a second term in office.