News
Considering the economic news regularly would help investors to catch opportunities on time. Before proceeding, make sure to check for any news that may affect the value of the positions you are interested in by following this page.
Forex Today: Sluggish growth and mounting coronavirus concerns
Here is what you need to know on Monday, September 21: The US dollar recovered some ground at the end of the week on the back of risk-aversion but rem
Gold: Next week's key macroeconomic events to keep an eye on
The troy ounce of the precious metal closed the week modestly higher at $1,950 but struggled to make a decisive move in either direction. Following it
Gold Price Analysis: XAU/USD could extend downward correction below $1,925
The troy ounce of the precious metal fluctuated in a relatively tight range throughout the week and closed with a gain of $10 at $1,950. Gold technica
Gold Price Analysis: Still sideways leading into next week
Gold has had another tough week as the Fed disappointed the market with no real additional information about the new policies. There was one thing of
United States CFTC Oil NC Net Positions rose from previous 449.4K to 449.7K
United States CFTC Oil NC Net Positions rose from previous 449.4K to 449.7K
United States CFTC Gold NC Net Positions increased to $241K from previous $236.5K
United States CFTC Gold NC Net Positions increased to $241K from previous $236.5K
European Monetary Union CFTC EUR NC Net Positions declined to €178.6K from previous €196.8K
European Monetary Union CFTC EUR NC Net Positions declined to €178.6K from previous €196.8K
United Kingdom CFTC GBP NC Net Positions dipped from previous £12.7K to £2.3K
United Kingdom CFTC GBP NC Net Positions dipped from previous £12.7K to £2.3K
Australia CFTC AUD NC Net Positions increased to $16.2K from previous $-2K
Australia CFTC AUD NC Net Positions increased to $16.2K from previous $-2K
The FT are reporting that Brussels have rejected Johnson’s changes to internal market bill
On Thursday Boris Johnson's Conservative government published their proposed changes to the internal market bill. The bill has received parliamentary
Oil Price Analysis: After yesterday's JMMC meeting WTI settles near $40 per barrel
WTI has been through a rollercoaster this week. The liquid gold has been in a downtrend leading into the OPEC+ JMMC meeting and then reversed the whol
S&P 500 top movers: Aptiv PLC (APTV: NYSE) up more than 5% on price target hike
The S&P 500 Index (SPX) started the last day of the week modestly lower and continued to push lower. At the moment, the SPX is down 1.12% on the day a
United States Baker Hughes US Oil Rig Count: 179 vs previous 180
United States Baker Hughes US Oil Rig Count: 179 vs previous 180
USD/CAD steadies below 1.3200, on track to close week flat
The USD/CAD pair edged higher in the early American session bu lost its bullish momentum before reaching 1.3200. As of writing, the pair is up 0.12% n
EUR/USD: Still forecast for a dip to 1.16 in a three-month perspective – Rabobank
According to analysts from Rabobank, the fundamentals driving both the euro and the US dollar have altered significantly since March, but even so, the
US: Consumer confidence still remains well-below its pre-virus level, but moving in the right direction – Wells Fargo
The Consumer Sentiment Index from the University of Michigan rose in September, to 78.9, the highest level since March. Analysts at Wells Fargo noted
USD/CZK could benefit from a correction higher of the US dollar – MUFG
Analysts at MUFG Bank, consider a long trade idea on the USD/CZK. They see there is an increasing risk of a correction higher for the US dollar in the
Canada: Retail sales have confirmed their recovery from the March and April contraction – NFB
Data released on Friday showed retail sales rose 0.6% in July in Canada, below expectations. According to National Bank of Canada’s analyst, Kyle Dahm
EUR/USD heads for another weekly close around 1.1850
The EUR/USD is about to end Friday hovering around 1.1850 posting modest weekly gains but unable to break the current consolidation phase. Recently cl
EUR/JPY: Downside momentum would be reinforced if euro finally corrects lower – MUFG
Analysts at MUFG Bank, continue to hold onto the idea of a short trade in EUR/JPY with a target at 122.80 and stop-loss at 127.20, after entering at 1
GBP/USD sideways around 1.2950, holds onto weekly gains
The GBP/USD printed a fresh daily low at 1.2931 after the beginning of the American session and quickly bounced back above 1.2950. On Friday, it is mo
NY Fed's GDP Nowcast edges lower to 14.3% for Q3 after this week's data releases
The US economy is expected to expand by 14.3% in the third quarter and 5.3% in the fourth quarter, the Federal Reserve Bank of New York's latest Nowca
NZD/USD regains traction after correction, climbs above 0.6780
The NZD/USD pair rose to its highest level since April 2019 at 0.6798 on Friday but staged a correction and returned to 0.6760 area in the early Ameri
Fed's Bullard: Unemployment rate to fall to 6.5% by year-end
"The overwhelming majority of business have adjusted to coronavirus," St. Louis Federal Reserve President James Bullard said on Friday and added that
US: UoM Consumer Sentiment Index improves to 78.9 in September vs. 75 expected
The Consumer Sentiment Index in the US rose from 74.1 in August to 78.9 (preliminary) in September, the University of Michigan's latest Surveys of Con
S&P 500 opens modestly lower, energy shares continue to underperform
Major equity indexes in the US started the day in the negative territory on Friday as investors struggle to find a reason to return to risk-sensitive
United States Michigan Consumer Sentiment Index came in at 78.9, above expectations (75) in September
United States Michigan Consumer Sentiment Index came in at 78.9, above expectations (75) in September
USD/CHF sits near session tops, around 0.9100 mark
The USD/CHF pair maintained its bid tone through the early North American session, with bulls making a fresh attempt to build on the momentum further
Germany's 2021 budget foresees €96.2 billion of new debt – Reuters
Germany is planning to take on net new debt of €96.2 billion in 2021, Reuters reported on Friday, citing a German finance ministry sources familiar wi
EUR/JPY upside capped by the 55-day SMA near 124.40
The persistent buying interest in the Japanese safe haven continues to put EUR/JPY under pressure and forces it to extend the drop to the 123.40 regio