Show:
Gold Price Forecast: Near-term consolidation in XAU/USD should reverse on solid demand - UBS
Economists at UBS discuss Gold (XAU/USD) outlook and maintain a bullish view. Gold is on track to break its all-time high later this year Gold fell be
Nonfarm Payrolls Preview: Banks expect labor market to lose momentum only slowly
The US Bureau of Labor Statistics (BLS) will release the May jobs report on Friday, June 2 at 12:30 GMT and as we get closer to the release time, here
Gold Price Forecast: XAU/USD hits fresh weekly highs near $1,980 after US data
Gold prices are risen for the third consecutive day as US Treasury yields continue to decline. XAU/USD pair recently jumped to $1,977, hitting a one-w
Path to additional USD strength via yield differentials to be choppy and perhaps somewhat limited - Scotiabank
The USD is trading mixed, but off earlier highs in broad terms on the day. Economists at Scotiabank discuss the greenback outlook. Hawkish ECB comment
US: ISM Manufacturing PMI drops to 46.9 in May vs. 47 expected
The economic activity in the US manufacturing sector continued to contract at an accelerating pace in May with the ISM Manufacturing PMI dropping to 4
ECB: Much more than one downside surprise in the inflation data required to stop the hiking cycle - Nordea
Economists at Nordea discuss the ECB policy outlook. Inflation risks are what the ECB continues to worry about most The ECB's May monetary policy acco
AUD/USD sits near daily high around 0.6535 on weaker USD, risk-off mood could cap gains
The AUD/USD pair gains positive traction on Thursday and builds on the previous day's late recovery from the 0.6460-0.6455 region, or its lowest level
USD Index remains offered and challenges 104.00 ahead of US ISM
The greenback now accelerates the daily decline and flirts with the 104.00 neighbourhood when tracked by the USD Index (DXY) on Thursday. USD Index we
EUR/GBP set to trade towards 0.8550 - Credit Suisse
Analysts at Credit Suisse discuss EUR/GBP outlook. Sonia futures already price GBP as being a stand-out G10 high yielder by December With spot now thr
USD/JPY to move back to 135 on a six-month view as BoJ makes a step towards altering YCC - Rabobank
Economists at Rabobank discuss USD/JPY outlook. USD to remain firm this year Given the risks that the US could be in recession by year-end, that the E
EUR/USD keeps the bid bias unchanged above 1.0700, looks at US ISM
The broad-based upbeat mood in the risk complex motivates EUR/USD to reclaim the area above the 1.0700 barrier on Thursday. EUR/USD appears supported
USD/CAD to drop back to 1.3490/00 on more obvious weakness below the 1.3570 mark - Scotiabank
Economists at Scotiabank analyze USD/CAD technical outlook. Another rejection of the 1.3650/60 area tilts near-term risks lower for USD/CAD Another re
Oil price bounces after House votes through debt-ceiling bill, inventories cap gains
Oil price trades flat in the upper $67s (Brent in the lower $72s) on Thursday after making a small recovery from just above $67 reached the day before
USD/JPY faces rejection near 140.00 mark, hangs near one-week low amid softer USD
The USD/JPY pair struggles to capitalize on its intraday positive move and meets with a fresh supply in the vicinity of the 140.00 psychological mark
US: Unit Labor Costs rise by 4.2% in Q1 vs. 6% expected
Nonfarm business sector labor productivity decreased 2.1% in the first quarter of 2023. Labor productivity was revised up 0.6%, the combined effect of
US: Weekly Initial Jobless Claims rise to 232K vs. 235K expected
Initial Jobless claims totaled 232,000 in the week ending May 27, the weekly data published by the US Department of Labor (DOL) showed on Thursday. Th
GBP/USD sticks to modest gains around mid-1.2400s, just below two-week top post-US ADP
The GBP/USD pair reverses an intraday dip to the 1.2400 round-figure mark and turns positive for the fifth successive day on Thursday. Spot prices, ho
USD/CAD: Firm Canadian economic data should give Loonie a boost in the short run - Scotiabank
CAD pushes higher as economy retains firm momentum, economists at Scotiabank report. Recent narrowing in US/Canada spreads should help curb CAD softne
US: ADP Employment Change comes in at +278K in May vs. 170K expected
The data published by Automatic Data Processing (ADP) showed on Thursday that private sector employment in the US rose by 278,000 in May. This reading
GBP/USD to enjoy further gains toward the mid-1.25s on sustained break above 1.2460/70 - Scotiabank
GBP/USD has regained a little ground on the session after weakening back to the 1.24 area. Economists at Scotiabank analyze the pair's technical outlo
Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users.Cookie policy