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Forex Today: Markets shift the attention to US data ahead of the Fed

The US Dollar began the new trading week on the back foot as market participants continued to digest the narrative of further tariffs from the Trump administration, while investors started gearing up for the FOMC meeting on Wednesday.
New
update2025.01.28 04:25

Mexican Peso tumbles as Trump threatens then backtracks on Colombia tariffs

The Mexican Peso plummeted against the Greenback on Monday after US President Donald Trump announced on Sunday that he would impose tariffs on Colombian goods after Colombian President Gustavo Petro wouldn't allow planes from the United States (US) to carry migrants on deportation flights.
New
update2025.01.28 04:21

US Dollar weakens despite positive data, Fed decision looms

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against a basket of currencies, continues to slide on Monday, breaking below the psychological 108.00 mark.
New
update2025.01.28 03:06

Canadian Dollar eases on Monday as BoC rate call looms ahead

The Canadian Dollar (CAD) fell back once again into familiar consolidation against the US Dollar (USD) on Monday, shedding a recently-gained one-third of one percent and continuing to send the USD/CAD pair on a sideways grind around the 1.4400 handle.
New
update2025.01.28 02:33

Price weakness to catalyze a large-scale CTA selling in Copper - TDS

CTAs are selling Copper and Aluminum, TDS' Senior Commodity Strategist Daniel Ghali notes.
New
update2025.01.28 01:43

XAU/XAG ratio sits at the highs - TDS

The set-up for algo flows in Silver are not very promising, TDS' Senior Commodity Strategist Daniel Ghali notes.
New
update2025.01.28 01:38

Dow Jones Industrial Average twists as investors shake off overnight dip

The Dow Jones Industrial Average (DJIA) dipped into the 44,000 handle during Monday's early overnight session, driven lower by a fresh bout of souring in investor risk appetite after a Chinese company globally released an open-source competitor to US-based AI models that have been largely proprietary up to this point.
New
update2025.01.28 00:52

CTAs are to be back on the bid in Gold in any price scenario - TDS

There's an ongoing algo selling activity in Gold, TDS' Senior Commodity Strategist Daniel Ghali notes.
New
update2025.01.28 00:50

EUR/GBP Price Forecast: Subdued near 0.8400 on risk-off mood

The EUR/GBP is firm during the North American session, after seesawing in a 30 pip range, though buyers reclaimed the 0.8400 figure for a small gain of 0.02%.
New
update2025.01.28 00:38

EUR/JPY Price Analysis: Pair slides to 162.15 as bearish momentum intensifies

The EUR/JPY cross extended its losses on Monday, falling by 0.90% to settle at 162.15.
New
update2025.01.28 00:28

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