admin

Goldman Sachs suggests that the EUR should now be considered the funding currency of choice, particularly in comparison to the CHF and JPY, given current market conditions and expectations for currency performance. Key Points: The firm utilizes its market regimes framework to analyze FX performance based on yield direction and rate volatility, indicating that the

Gold prices were little changed on Thursday, while traders await a key U.S. inflation print due later in the day to gain further clarity of the Federal Reserve‘s monetary policy stance. FUNDAMENTALS * Spot gold was nearly flat at $2,609.72 per ounce, as of 0040 GMT, after easing for the previous six sessions. Prices scaled

Trading in the early US session is relatively subdued, with little momentum driving market moves. Canadian Dollar, despite an initial attempt to rally on the back of stronger-than-expected job data, has not been able to attract sustained buying interest. The market continues to price in further easing from BoC, as expectations mount that the central

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Oil eased on Friday after a rally the previous day, but prices remained set for a second straight weekly gain as investors weighed the impact of hurricane damage on U.S. demand against any broad supply disruption if Israel attacks Iranian oil sites. Brent crude oil futures fell 39 cents, or 0.5%, to $79.01 a barrel

Risk sentiment appears to have stabilized heading into the weekend, despite stronger-than-expected US inflation data released overnight. The report didn’t cause any significant shifts in market expectations regarding Fed’s rate cuts. Stock markets also showed resilience, with major US indexes closing only slightly lower. Dollar, however, has lost some momentum, turning softer against both Swiss

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Oil prices rose in early Asian trade on Thursday on concerns about potential supply disruptions in the Middle East, with Israel planning to strike oil-producer Iran, and on spikes in fuel demand as a major storm barreled into Florida. Brent crude futures rose 37 cents, or 0.5%, to $76.95 a barrel, while the U.S. West

Risk-on sentiment is back in the global markets, with DOW and S&P 500 surging to new record highs in the latest session. Notably, this rally isn’t limited to just the big tech giants. ETFs tracking both industrials and financials sectors also closed at record highs, signaling that the strength is broad-based, extending across multiple sectors