AUD/USD trades little changed now after opening gap lower to start the day

AUD/USD trades to the highs of the day at 0.7735 after having opened the day with a gap lower at 0.7709 The jitters sparked by the lira plunge led to a gap higher in the dollar against most major currencies, with the aussie bearing the brunt of an early move thanks to a drop in […]

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EUR/USD turns flat as dollar keeps little changed on the day amid tentative mood

The dollar is staying little changed as the overall market mood is tentative EUR/USD is trading back to flat levels now at 1.1900 after having eased lower to 1.1870 earlier at the start of the session. Of note, price is still keeping just below its 100-hour moving average (red line) @ 1.1911 so sellers are […]

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Dollar creeps a little higher ahead of North American trading

EUR/USD eases to session lows of 1.2067 It has been a relatively choppy session for major currencies as the dollar rocks back and forth on the session with little firm direction really. EUR/USD touched 1.2100 early on before retreating to 1.2080 and then caught a bounce on the ECB report earlier as the dollar also […]

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Pound keeps a little higher but buyers need to do more to recapture upside momentum

Sterling keeps steadier after the correction to the upside move last week Invest in yourself. See our forex education hub. Cable has backed off earlier highs closer to 1.4000 as the pound loses a bit of its earlier momentum but is still keeping higher so far today. The slight retreat also comes as we see […]

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ANZ see gold a little higher this year – forecasts

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 of your initial investment; do […]

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EUR/USD inches to near three-month high as dollar eases a little on the session

EUR/USD nudges its way to 1.1930, highest level since 1 September For bank trade ideas, check out eFX Plus Buyers are now trying to hold a break above the 9 November high of 1.1920, with a firm push above that to see little in the way of the pair heading towards some daily resistance around […]

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Dollar keeps mostly little changed to start the session

The push and pull in risk and the dollar continues this week The greenback is now keeping mostly little changed on the day, and trading more mixed across the board to start European trading. EUR/USD is just off earlier highs of 1.1891 and trading near flat around 1.1870 with resistance at 1.1900 still keeping a […]

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Major currencies trade little changed so far, equities slightly lower on the session

The euro has recovered off its lows after a shaky start earlier The dollar is keeping more mixed on the day as it trades lower against the euro, franc and yen but is mostly little changed against the rest of the major currencies bloc. The pound is the weakest performer but cable is off its […]

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Stocks closed little changed. Stocks enjoy the best week since April

NASDAQ closes up 9% for the week The major indices are closing little changed.  The NASDAQ index closed marginally higher for the 5th consecutive day the S&P index fell marginally snapping a 4 day winning streak the Dow industrial average also fell snapping its 4 day winning streak major indices have their best week since April […]

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