Forex News
5 minutes ago
GBP/USD crawls back above 1.3600 as US dollar demand fades
GBP/USD has crawled above the 1.3600 level in recent trade and currently trades close to highs of the day in the 13620s, up about 0.3% or 40 pips on t
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7 minutes ago
Gold Price Analysis: XAU/USD holds onto modest gains, capped by the $1845 area
Gold is rising modestly on Tuesday, on the back of a weaker US dollar and US yields. It peaked on European hours at $1845 and recently at $1842. It is
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11 minutes ago
EUR/USD Price Analysis: Bulls take on the bear's commitments at key resistance
Further to the prior analysis, EUR/USD embarking on a bullish correction, 1.2120 eyed, the price has completed a 50% mean reversion of the bearish imp
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1 hour ago
USD/CAD sees choppy trading conditions as US flow returns, Janet Yellen testifies
USD/CAD has been choppy in recent trade, rallying from Asia Pacific and European morning levels under 1.2750 to briefly as high as the 1.2760s ahead o
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1 hour ago
USD/JPY corrects further lower under 104.00 as US yields decline
The USD/JPY retreated further from 104.07 and fell to 103.84, the lowest level since the Asian session. It is moving with a bearish bias, still positi
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1 hour ago
Yellen: Important to remember we are in a low interest rate environment, time to invest
Janet Yellen, the nominee for Treasury Secretary, has said the environment is lof low-interest rates, making the case for investment. Ten-year Treasur
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1 hour ago
Yellen's testimony: With interest rates at historic lows, the smartest thing is to act big
Treasury Secretary nominee Janet Yellen has been testifying in front of the Senate Finance Committee and has called on Congress to act to support the
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1 hour ago
Yellen on taxes: Wants to reverse offshore incentives in the 2017 Trump tax cuts, S&P 500 ticks down
Janet Yellen, nominee for Treasury Secretary has said that she wants to reverse some of the incentives to offshoring made available in the tax bill pa
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1 hour ago
NZD/USD retreats to 0.7100 as US dollar recovers and Wall Street trims gains
The NZD/USD pair is back near weekly lows after hitting at the beginning of the American session 0.7133. It turned to the downside and printed a fresh
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1 hour ago
Yellen's testimony: The US believes in market-determined exchange rates, will tackle China
Treasury Secretary nominee Janet Yellen has said that the US believes in market-determined exchange rates. She has added that the US under president-e
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2 hours ago
WTI eyes test of recent double top highs under $54.00 as markets looks for Yellen driven reflation boost
Crude oil markets trade on the front foot on Tuesday amid a broad recovery in the market’s appetite for risk, as traders eye incoming US Treasury Secr
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2 hours ago
Europe: Germany to extend lockdown through February 14, Italian government set to survive vote
German Chancellor Angela Merkel has agreed with state leaders to extend the nationwide lockdown through February 14. Europe's largest economy has been
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2 hours ago
USD/JPY to trade within the 103-104 range in the coming months – Rabobank
In the view of Jane Foley, Senior FX Strategist, the Bank of Japan (BoJ) is unlikely to deviate from the current accomodative way as this would cause
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2 hours ago
Gold Price Analysis: XAU/USD path of least resistance is up as Yellen testifies – Confluence Detector
Janet Yellen, the nominee for Treasury Secretary is testifying before the Senate and asking politicians to go "big." The former Chair of the Federal R
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2 hours ago
New Zealand GDT Price Index climbed from previous 3.9% to 4.8%
New Zealand GDT Price Index climbed from previous 3.9% to 4.8%
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3 hours ago
Janet Yellen confirmation hearings for Treasury Secretary live stream
Janet L. is testifying before the US Senate Committee on Finance, in her confirmation hearings to become Secretary of the Treasury. The former Chair o
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3 hours ago
Silver prices supported about the $25.00 level as attention turns to Yellen testimony
Spot silver (XAG/USD) prices are up on Tuesday, with the metal crossing back above and remain supported to the north of the $25.00 per troy ounce mark
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3 hours ago
EUR/USD moves to session peaks near 1.2150, looks to Yellen
Sellers seems to have turned up around the greenback and lift EUR/USD back above the 1.2100 mark on turnaround Tuesday. EUR/USD up on USD-selling, loo
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3 hours ago
USD/CAD Price Analysis: Forming a strong base near 200-hour SMA
The USD/CAD pair extended the previous day's rejection slide from the 1.2800 mark and witnessed some selling on Tuesday. The mentioned handle coincide
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3 hours ago
EUR/JPY stays bid near 126.20, weekly tops
The improved sentiment surrounding the single currency motivates EUR/JPY to partially reverse the recent sharp leg lower and reclaim the key 126.00 ma
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