BOE & BOJ Signals Keep Forex Traders Focused on JPY Moves The tone of the current market has remained relatively balanced and mixed, with central banks’ statements and selected economic figures as the key determinants. In spite of the lack of any important red folder figures, there has been notable
The US Dollar is getting stronger because people think the Federal Reserve will raise interest rates. This is happening when there are a lot of problems in the world that make people want to invest in things. The whole world of money is being very careful because prices are going
US Nonfarm Payrolls expected to increase by 62K in April as investors closely watch the upcoming labor market report for signals on the Federal Reserve next policy move. The report expected to be released by the US Bureau of Labor Statistics on Friday is scheduled to show slower job growth
West Texas average (WTI) the US benchmark for Crude Oil traded within a narrow range during Thursday Asian session pausing the previous session recovery from levels below $87.00 which marked a more than two week low. The commodity is currently hovering around the mid-$92.00 area down nearly 0.65% on the
Gold holds firm above the $4,650 mark and stays close to a more than one-week high during the European session on Wednesday. The valuable metal continues to benefit from wide US Dollar weakness as hopes for a viable peace agreement between the US and Iran improves market sentiment. The softer
Gold (XAU/USD) is trading just higher in early Thursday European session, holding on to little gains after impressive a fresh monthly low in the early session. However the overall outlook remains careful. The US Dollar continues to adjust for the fourth direct day following a quite hawkish stance from the