Silver Slips Below Channel Support, Eyes Further Downside.
XAG/USD appears exposed to further downside as it breaks below its ascending channel support. FUNDAMENTAL OVERVIEW: Silver (XAG/USD) remains under…
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U.S. Jobless Claims Rise Slightly, Labor Market Stays Strong
Initial jobless claims edge higher but stay near expectations. The number of Americans filing initial jobless claims rose slightly to…
WTI Steady at $69.50 Amid Inventory Surge & Brazil Exports.
WTI holds steady around $69.50 amid rising U.S. crude inventories and expectations of increased Brazilian oil exports FUNDAMENTAL OVERVIEW: West…
Pound Falls as Traders Dismiss Dovish Fed Expectations
Pound Sterling falls against the US Dollar as traders scale back expectations of a dovish Fed stance FUNDAMENTAL OVERVIEW: The…
ADP Job Report Beats Forecasts, Boosts U.S. Dollar Outlook.
ADP Nonfarm Employment Change Beats Forecasts, Strengthening the USD The latest ADP National Employment Report, a key gauge of private-sector…
XRP Holds Above $2.99 Support as Traders Eye Fed Decision.
Ripple’s XRP remains above the crucial $2.99 support level, indicating a possible rebound may be underway. FUNDAMENTAL OVERVIEW: XRP broke…
USD/CAD Holds Above 1.3770 as Fed and BoC Decisions Loom.
USD/CAD steadies near 1.3770 as markets await rate decisions from the Fed and BoC FUNDAMENTAL OVERVIEW: The U.S. Dollar remains…
Gold Rebounds from 3-Week Low; Long-Term Demand Strong
Gold prices rebound from a 3-week low, with long-term demand expected to remain strong Gold prices inched higher on Tuesday,…
Oil Prices Rise as Trade War Tensions Ease, Demand Outlook Up
Oil prices extend gains amid easing trade war tensions FUNDAMENTAL OVERVIEW: Oil prices inched higher on Tuesday, buoyed by optimism…
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