Daily market news

04:00 - 10.05.2024
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WTI gains ground above $79.20 amid rising demand optimism in China

Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $79.30 on Friday.

forex Forex
02:00 - 10.05.2024
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EUR/USD climbs over 1.0780 on broad-market risk appetite recovery

EUR/USD gained ground on Thursday, finding upside on the week after the US Dollar (USD) broadly fell back after rising US Initial Jobless Claims sparked renewed hope of rate cuts from the Federal Reserve (Fed).

forex Forex
00:00 - 10.05.2024
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NZD/USD Price Analysis: Buyers gather momentum and challenge the 200-day SMA

The NZD/USD pair is showcasing a strong performance, rising to 0.6032 on Thursday.

forex Forex
22:00 - 09.05.2024
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USD/CHF Price Analysis: Bears moved in as ‘evening star’ pattern looms

The USD/CHF extended its losses for two straight days and is down some 0.16%, courtesy of broad US Dollar weakness, undermined by lower US Treasury yields.

forex Forex
17:00 - 09.05.2024
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USD/CAD slumps to 1.3700 on weak US Jobless Claims, recovery in Oil price

The USD/CAD pair falls sharply to the round-level support of 1.3700 in Thursday’s early American session.

forex Forex
16:00 - 09.05.2024
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USD/JPY grinds higher on US exceptionalism, weak Japanese data

USD/JPY is trading up two-tenths of a percent in the 155.80s on Thursday as the US Dollar (USD) continues its recovery rally from the May 3 lows.

forex Forex
13:00 - 09.05.2024
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EUR/USD weakens on firm ECB rate-cut bets, firm US Dollar

EUR/USD extends its losing spell for the third trading session on Thursday.

forex Forex
10:00 - 09.05.2024
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USD/JPY Price Analysis: Could test 156.00 due to the hawkish bias

USD/JPY continues its winning streak for the fourth successive session, trading around 155.80 during the Asian hours on Thursday.

forex Forex
09:00 - 09.05.2024
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USD/CHF trades on a positive note above 0.9050, focus on Fed’s Daly’s speech

The USD/CHF pair trades on a stronger note around 0.9085 during the early European session on Thursday.

forex Forex
08:00 - 09.05.2024
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EUR/GBP extends the rally above 0.8600, all eyes on the BoE rate decision

The EUR/GBP cross extends its upside around 0.8605 during the early Europen trading hours on Thursday.

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