Gold Capped by ResistanceGold prices continue to trade within the 2,604 – 2,718 range on Monday following a correction lower from the upper-level late last week. Focus remains on the US Dollar as...
Gold Drops As USD Pushes Higher Again
Gold Drops on FridayGold prices are trading lower ahead of the weekend as a firmer US Dollar weigh on the safe-haven metal. Traders are looking ahead to next week’s FOMC meeting and the risks that the...
Loonie Volatility Risks: US CPI & BOC
Loonie At Highs Ahead of DataUSDCAD is on watch today with two potentially big-volatility events to watch. On the USD side we have November inflation due while for CAD, the latest BOD rate decision is...
Dollar Rebounding - Inflation Up Next
USD Rallying MidweekThe US Dollar is rising firmly today ahead of the keenly awaited November CPI print due this afternoon. The greenback is currently rebounding higher on the back of a correction...
Dollar Focus Turns to Inflation This Week
NFPs Rise Along with UnemploymentThe US Dollar remains congested and directionless aw we start the new week. Friday’s jobs data was a mixed bag with the headline NFP reading rebounding to 228k from...
Dollar Volatility Risks Into NFPs Today
NFPs Up NextThe US Dollar is on watch today as traders prepare to receive the latest US labour market data. Through the week, a lower-than-forecast ADP jobs number as well as rise in weekly jobless...
Dollar Rallies On Jobs Data - Powell Up Next
JOLTS Boost for USDThe US Dollar is pushing higher again today on the back of yesterday’s better-than-forecast JOLTS jobs number. The data showed 7.74 million jobs were created last month, up from 7.3...
Aussie Plunging on GDP Miss
Aussie GDP DisappointsThe Aussie Dollar has been heavily sold throughout the European morning on Wednesday as traders digest weaker-than-forecast data overnight. AUD quarterly GDP came in at 0.35 vs...
Dollar Slips on Fed Comments - Jobs Data on Watch
USD Under PressureThe US Dollar has come under fresh selling pressure through early European trading on Tuesday. Dovish comments from Fed’s Waller yesterday have fuelled a reversal of the gains we...
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