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Dollar Softer Tone Deepens

Tuesday April 17: Five things the markets are talking aboutread more...

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Risk Appetite Improves Ahead of Earnings Reports

Earnings Provide Distraction From Geopolitical Risk With geopolitical concerns appearing to ease in recent days, risk appetite is gradually returning to financial markets with US indices poised to open...

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USD/CAD â Canadian Dollar Trading Sideways, Canadian Manufacturing...

The Canadian dollar has edged lower in the Tuesday session. Currently, USD/CAD is trading at 1.2550, down 0.14% on the day. There are key events on both sides of the border. Canadian Manufacturing...

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DAX Climbs to 6-Week High Despite Dismal ZEW Confidence Reports

The DAX index has posted sharp gains in the Tuesday session. In North American trade, the DAX is trading at 12,529 points, up 1.11% on the day. On the release front, German ZEW Economic Sentiment...

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USD/JPY â Japanese Yen Subdued, US Building Permits Beats Estimate

USD/JPY is trading sideways in the Tuesday session. In North American trade, USD/JPY is trading at 107.16, up 0.04% on the day. On the release front, Japanese Revised Industrial Production improved to...

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GBP/USD â Pound Dips on Mixed Job Numbers, CPI Next

The British pound has posted losses on Tuesday, after starting the week with strong gains. In North American trade, GBP/USD is trading at 1.4291, down 0.32% on the day. On the release front, British...

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Gold Continues to Trade Sideways as Syria Tensions Ease

Gold is unchanged for a second straight day. In Tuesday’s North American session, the spot price for an ounce of gold is $1345.50, up 0.05% on the day. In economic news, US construction numbers beat...

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Familiar Themes With Little Inference

Familiar Themes With Little Inference read more...

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EUR/USD â Euro Subdued Ahead of Eurozone CPI

EUR/USD is showing limited movement in the Wednesday session. Currently, the pair is trading at 1.2365, down 0.04% on the day. On the release front, the focus is on eurozone inflation indicators.Â...

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DAX Jumps to 10-Week High On Better Risk Appetite

The DAX index has steadied on Wednesday, after posting sharp gains in the Tuesday session. Currently, the DAX is trading at 12,615 points, up 0.25% on the day. On the release front,  the focus is on...

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USD/CAD â Canadian Dollar Edges Lower, Investors Eye BoC Rate Announcement

The Canadian dollar has posted slight losses in the Wednesday session, erasing the gains seen on Tuesday. Currently, USD/CAD is trading at 1.2584, up 0.26% on the day. In economic news, it’s Rate Day...

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Phew! Dollar Finds Support or Does it?

Wednesday April 18: Five things the markets are talking aboutread more...

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Lower Inflation Poses Challenges For Central Banks

BoC Expected to Leave Rates Unchanged US futures are pointing to a third session in the green for equity markets on Wednesday, extending the good run which has come on the back of a slightly less...

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GBP/USD â Are We Nearing a Top? (Video)

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USD/CAD â Bank of Canada Stands Pat â CAD Plummets

No Surpriseread more...

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USD/JPY â Yen Ticks Higher, Japanese Inflation Report Next

USD/JPY has posted small gains in the Wednesday session. In North American trade, USD/JPY is trading at 107.15, up 0.13% on the day. On the release front, there are no key US events. The markets will...

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Turkeyâs Erdogan declares early elections on June 24

Turkey’s Tayyip Erdogan on Wednesday called a snap presidential and parliamentary election on June 24, more than a year earlier than planned, saying the country urgently needed to make the switch to...

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GBP/USD â Pound Slips as Inflation Comes Up Short

The British pound has posted losses in the Wednesday session. In North American trade, GBP/USD is trading at 1.4220, down 0.48% on the day. On the release front, the UK released a host of inflation...

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Gold Steady, Markets Await Unemployment Claims

Gold has edged higher in the Wednesday session. In the North American session, the spot price for an ounce of gold is $1350.29, up 0.23% on the day. In economic news, there are no major indicators. On...

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Commodities Steal the Show

Oanda Forex Blog read more...

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