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Canadian Dollar extends gains as risk-on flows rebound

The Canadian Dollar (CAD) drifted higher on Wednesday, driven by a general upswing in broad-market sentiment that pushed the safe-haven US Dollar (USD) into a holding pattern. The Loonie has risen for three out of the last four trading sessions, extending a near-term CAD bounce from recent lows.
New
update2025.08.28 03:49

WTI Crude Oil climbs as EIA inventory draw and weaker Greenback fuel recovery

WTI (West Texas Intermediate) Crude Oil is rebounding on Wednesday after a sharp 2.27% drop in the previous session. At the time of writing, the US benchmark trades near $64.00 per barrel, up 1.2% on the day and recovering from a five-day low of $62.80 hit earlier in European trading hours.
New
update2025.08.28 03:43

Dow Jones Industrial Average resumes upwards equity grind

The Dow Jones Industrial Average (DJIA) drifted upwards on Wednesday as global equities grind their way higher heading through the midweek lull.
New
update2025.08.28 03:35

Forex Today: US Q2 GDP and the labour market take centre stage

The US Dollar (USD) ended the day alternating gains with losses, giving away strong gains recorded earlier in the day on Wednesday. This irresolute price action came amid unabated concerns surrounding the Fed's independence and the absence of important developments on the trade front.
New
update2025.08.28 03:21

Gold holds near $3,400 as Fed bets, politics weigh

Gold price remains steady on Wednesday, even though the Greenback recovered from earlier losses triggered by threats to the Federal Reserve's (Fed) independence. Nevertheless, Bullion sellers are not out of the woods as pressure from the White House continues. The XAU/USD trades at $3,397, up 0.12%.
New
update2025.08.28 03:10

Australian Dollar rises toward 0.6500 as US Dollar weakens

The Australian Dollar (AUD) rebounds sharply on Wednesday after edging lower earlier in the day, as the US Dollar (USD) gave up some of its intraday strength.
New
update2025.08.28 02:44

Silver Price Forecast: Bulls defend $38.00 as triangle support holds, momentum remains fragile

Silver (XAG/USD) trades slightly lower on Wednesday, having trimmed earlier losses after finding support near the $38.00 handle. The metal came under pressure earlier in the session as a stronger US Dollar (USD) capped upside momentum.
New
update2025.08.28 00:30

GBP/USD dips to 1.3457 as Fed turmoil boosts Dollar rebound

The GBP/USD dropped over 0.16% on Wednesday as the US dollar continued to recover some ground, courtesy of the White House's threats to the independence of the Federal Reserve (Fed), which triggered a rise on the long end of US Treasury bond yields.
New
update2025.08.28 00:27

EUR/USD slips below 1.1600 as Greenback holds firm despite Trump-Fed tensions

The Euro (EUR) came under renewed pressure against the US Dollar (USD) on Wednesday as a stronger Greenback, soft German Consumer Confidence data, and escalating political tensions in France weighed on the single currency, with EUR/USD slipping below the key 1.1600 psychological mark.
New
update2025.08.27 23:23

EUR/JPY rangebound as focus turns to Eurozone sentiment and Japan CPI

The Euro (EUR) recovers some lost ground against the Japanese Yen (JPY) on Wednesday, with EUR/JPY trading near 171.76 at the time of writing. The cross had slipped to a one-week low earlier in the day after disappointing German Consumer Confidence data briefly pressured the single currency.
New
update2025.08.27 22:07

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