Trading news
View all trading news-
58 minutes ago
FX Today: Hasset leaves the spotlight, weaker USD
The US Dollar Index (DXY) declined sharply following the Fed's policy announcements last Wednesday and closed a third consecutive week in negative territory. Late Monday, the USD Index trimmed part of its losses and trades near 98.40.
-
58 minutes ago
USD/JPY Price Forecast: Pair stalls below 156.00 as momentum fades
The Japanese Yen (JPY) trades on the front foot against the US Dollar (USD) on Monday, supported by firm expectations that the Bank of Japan (BoJ) will raise interest rates at its December 19 monetary policy meeting.
-
1 hour ago
Gold holds steady as traders weigh Fed stance and upcoming data
Gold (XAU/USD) holds firm on Monday after hitting a daily high of $4,350 earlier, but traders booking profits sent the yellow metal to erase its earlier gains as the Greenback continues to print losses. XAU/USD trades at $4,296 virtually unchanged.
-
1 hour ago
AUD/USD trades lower as US Dollar firms ahead of delayed US NFP data
AUD/USD remains under pressure on Monday, with the Australian Dollar (AUD) edging lower as the US Dollar (USD) stages a modest rebound ahead of a heavy US economic docket due on Tuesday. At the time of writing, AUD/USD is trading around 0.6637, staying on the back foot for a third consecutive day.