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  1. USD/CAD climbs above 1.3900 as US Dollar bounces back, Canadian job data falters
    • Breaking news

    USD/CAD climbs above 1.3900 as US Dollar bounces back, Canadian job data falters

    • Breaking news

    The USD/CAD pair jumps above the key resistance of 1.3900 in Friday's North American session.

  2. Canada Unemployment Rate stays unchanged at 6.5% vs. 6.6% expected
    • Breaking news

    Canada Unemployment Rate stays unchanged at 6.5% vs. 6.6% expected

    • Breaking news

    Statistics Canada reported on Friday that the Unemployment Rate in Canada remained unchanged at 6.5% in October.

  3. Silver Price Forecast: XAG/USD resumes decline as traders assess Trump policy's implications
    • Breaking news

    Silver Price Forecast: XAG/USD resumes decline as traders assess Trump policy's implications

    • Breaking news

    Silver price (XAG/USD) resumes its downside move after its recovery move met resistance near $32.20 in the North American session on Friday.

  4. Saudi Arabia lowers selling prices for Asia - Commerzbank
    • Breaking news

    Saudi Arabia lowers selling prices for Asia - Commerzbank

    • Breaking news

    Saudi Arabia, the world's largest oil exporter, cut its official selling prices (OSPs) for oil deliveries to Asia in December, indicating weaker oil demand, Commerzbank's commodity analyst Barbara Lambrecht notes.

  5. EUR/GBP Price Forecast: Finds support at bottom of range
    • Breaking news

    EUR/GBP Price Forecast: Finds support at bottom of range

    • Breaking news

    EUR/GBP has fallen down to the base of its six-week range (red dashed line on chart) at roughly 0.8311; it is likely encountering firm support at that level.

  6. USD/JPY: Bias for downside play - OCBC
    • Breaking news

    USD/JPY: Bias for downside play - OCBC

    • Breaking news

    USD/JPY slipped as Trump trades unwind. Near term, election noises in US and Japan may cloud the outlook for JPY but more likely than not, election uncertainty in US and Japan should come to pass.

  7. Silver, Platinum and Palladium prices are falling - Commerzbank
    • Breaking news

    Silver, Platinum and Palladium prices are falling - Commerzbank

    • Breaking news

    The strong US Dollar (USD) put pressure not only on Gold but also on the prices of other precious metals.

  8. Crude Oil remains stuck in tight range for four consecutive day
    • Breaking news

    Crude Oil remains stuck in tight range for four consecutive day

    • Breaking news

    Crude Oil dips slightly on Friday but remains within the tight range it has been trading in the past four days. The market euphoria following President-elect Donald Trump's victory appears to be fading as energy markets shift their focus to China, where the

  9. EUR/USD: Downside bias on the daily charts - OCBC
    • Breaking news

    EUR/USD: Downside bias on the daily charts - OCBC

    • Breaking news

    The Euro (EUR) rebounded overnight but continued to trade near recent lows.

  10. Gold price slumps after Trump victory - Commerzbank
    • Breaking news

    Gold price slumps after Trump victory - Commerzbank

    • Breaking news

    The price of Gold came under pressure in the immediate aftermath of Donald Trump's election victory, falling by more than 3% to $2,650 per troy ounce.

  11. DXY: Still 2-way trades on the day - OCBC
    • Breaking news

    DXY: Still 2-way trades on the day - OCBC

    • Breaking news

    The US Dollar (USD) fell, alongside decline in UST yields. FX volatility eased further.

  12. Gold weakens as post-election fallout continues to weigh
    • Breaking news

    Gold weakens as post-election fallout continues to weigh

    • Breaking news

    Gold (XAU/USD) falls about half a percent to trade in the $2,680s on Friday, extending the short-term bearish mini trend it has been in since it rolled over on Halloween.

  13. Asian currencies: A more volatile environment - Commerzbank
    • Breaking news

    Asian currencies: A more volatile environment - Commerzbank

    • Breaking news

    Asian currencies have been on a roller-coaster ride in the past three months or so.

  14. Riksbank does frontloading and is ready for more - Commerzbank
    • Breaking news

    Riksbank does frontloading and is ready for more - Commerzbank

    • Breaking news

    The Riksbank went all out yesterday by cutting the policy rate by 50 basis points from 3.25% to 2.75%, while signaling that more could follow: 'The policy rate may also be cut in December and during the first half of 2025, in line with what was communicated in September.' This confirms the view that the Riksbank was planning on 75 basis points by the end of the year anyway and has therefore taken the big step yesterday, only to follow up with another 25 basis points in December, Commerzbank's FX analyst

  15. US Dollar steadies after wild ride, with Powell shrugging off politics
    • Breaking news

    US Dollar steadies after wild ride, with Powell shrugging off politics

    • Breaking news

    The US Dollar (USD) stablizes around the mid-104.00 region on Friday after founding support as investors digest the Federal Reserve's (Fed) decision to lower its monetary policy rate by 25 basis points to the 4.50%-4.75% range on Thursday.

  16. Fed: Staying on rate cut path with 25-bps move and political defiance - UOB Group
    • Breaking news

    Fed: Staying on rate cut path with 25-bps move and political defiance - UOB Group

    • Breaking news

    The Fed in its 6/7 Nov 2024 Federal Open Market Committee (FOMC) meeting, unanimously decided to reduce the target range of its Fed Funds Target Rate (FFTR) by 25-bps to 4.50-4.75%, in line with our and broad market expectations.

  17. GBP: BoE remains cautious - ING
    • Breaking news

    GBP: BoE remains cautious - ING

    • Breaking news

    BoE's MPC has not given the market a clear conclusion of what the budget could mean for the economy, and once again there is no strong guidance on how fast rates can be cut, ING's FX analyst Francesco Pesole notes.

  18. Norges Bank does not provide any indication of earlier cuts - Commerzbank
    • Breaking news

    Norges Bank does not provide any indication of earlier cuts - Commerzbank

    • Breaking news

    As expected, Norges Bank left the policy rate at 4.50% yesterday.

  19. USD/JPY extends correction to near 152.00 on Japan's intervention alert
    • Breaking news

    USD/JPY extends correction to near 152.00 on Japan's intervention alert

    • Breaking news

    The USD/JPY pair falls further to near 152.00 in European trading hours on Friday.

  20. USD/CNH: Surge in momentum suggests further USD strength - UOB Group
    • Breaking news

    USD/CNH: Surge in momentum suggests further USD strength - UOB Group

    • Breaking news

    The US Dollar (USD) is likely to trade in a range between 7.1350 and 7.1770.


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