USD/CAD is pressing into major support at the 200-day average and the base of its multi-month channel near 1.3920/1.3880, Société Générale's FX analysts note.
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $58.00 per troy ounce, up 1.56% from the $57.11 it cost on Thursday.
Bybit , the world’s second-largest cryptocurrency exchange by trading volume, showcases the latest monthly performance update of its Private Wealth Management (PWM) division, with the top-performin...
EUR/USD is posting marginal gains on Friday, trading near 1.1650 at the time of writing, after being rejected at 1.1675during the early European session. Downside attempts, however, remain limited so far, with markets bracing for a quarter-point interest rate cut by the Federal Reserve next week.
The New Zealand Dollar maintains its bullish trend against its US counterpart intact. Downside attempts have been contained above 0.5760, and the pair resumed its uptrend from mid-November lows, reaching monthly highs at 0.5780, with October 6 and 29 highs, in the 0.5800 area coming into focus.
London-listed shares of Trustpilot, the ratings of which are often advertised by brokers and prop trading firms, have fallen about 30 per cent after short seller Grizzly Research alleged that the r...
The head of XTB, one of Europe's fastest-growing retail trading platforms, laid out an unusually candid competitive vision during a recent panel discussion at Invest Cuffs Warsaw, declaring his com...
Japan chief Cabinet secretary, Minoru Kihara said during the European trading session on Friday that the government will take appropriate steps to support the Japanese Yen (JPY) against excessive and disorderly moves in the FX market.
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $59.36 per barrel, down from Thursday’s close at $59.48.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $63.08 after its previous daily close at $63.16.
The EUR/GBP cross trades on a flat note near 0.8735 during the early European session on Friday. Concerns over UK tax hikes and a dovish stance from the Bank of England (BoE) could exert downward pressure on the Pound Sterling.
Statistics Canada will release its Labour Force Survey on Friday, and markets are bracing for a weak print. The Unemployment Rate is expected to tick higher to 7% in November, while the Employment Change is forecast to come in flat after a nice gain in October.
The European authorities have taken down a cryptocurrency fraud and money laundering network that is believed to have laundered over 700 million euros.
When most people at his age were chasing early career milestones, Wei Sheng was fighting to climb out of a USD 100,000 (RM400,000) debt — a debt that almost broke him, but ultimately became the fou...
The Indian Rupee (INR) falls back against the US Dollar (USD) on Friday, with the USD/INR pair recovering to near 90.25, following the Reserve Bank of India's (RBI) dovish monetary policy announcement.
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to capitalize on the overnight bounce from its lowest level since late October and trades with a mild negative bias during the Asian session on Friday.
The Australian financial market regulator has issued an interim stop order against the operator of contracts for difference (CFD) broker FXCM for offering the risky instruments to “investors with a...
The EUR/JPY cross trades on a softer note around 180.60 during the early European session on Friday. The Japanese Yen (JPY) edges higher against the Euro (EUR) amid growing speculation that the Bank of Japan (BoJ) will raise interest rates when it meets in December.
The rate cut reinforces a dovish RBI stance, likely pressuring short-end yields and keeping INR biased weaker unless supported by flows. The possibility of another 25bp reduction anchors expectations for a near-term easing peak around 5%, with liquidity measures providing additional support for credit conditions.
Gold (XAU/USD) sticks to its modest intraday gains through the first half of the European session on Friday, though it lacks bullish conviction and remains confined in the weekly range.
The report boosts market conviction that the BOJ will resume tightening at the December meeting. Yen strength and softer JGB futures reflect expectations that the BOJ may pivot more decisively toward normalisation, though policymakers will watch data closely before confirming the move.
The PBOC’s shift toward a neutral fixing bias implies limited yuan upside in the near term, with authorities seeking to balance investor confidence against export competitiveness. A stable yuan into year-end reduces FX volatility risk but may cap appreciation trades unless macro conditions shift meaningfully.
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