Forex News
Latest News
Broker promotions
Editors’ Picks
AUD/USD: Gains look capped near 0.6800
AUD/USD lost ground for the third session in a row and revisited the 0.6720-0.6715 band following the generalized bearish performance of commodities and ahead of the key release of the Australian labour market report.
EUR/USD keeps the bid tone in place ahead of ECB
EUR/USD added to Tuesday’s advance and rose to new highs around 1.0950 in response to extra weakness in the Greenback and rising expectations prior to the ECB gathering on Thursday.
UPCOMING CALENDAR EVENTS
Editors’ Picks
Gold retreats from record highs, retains the bullish stance
Gold trades flat on the day below $2,470 after touching a new record high above $2,480 in the Asian session on Wednesday. The modest recovery seen in the US Treasury bond yields causes XAU/USD to consolidate its gains.
Ripple extends gains as XRP traders await end of SEC vs. Ripple lawsuit
Ripple (XRP), XRP Ledger’s native token, extended gains by nearly 7% on Wednesday. The sixth largest asset by market capitalization rallied for the tenth consecutive day and erased all losses from the last 99 days.
Divergence in US Indices can’t last for long
US equity indices have been in a state of surprising divergence for over a week, with the Dow Jones and Russell 2000 shooting up, the Nasdaq-100 working its way down, and the S&P500 treading water.