Forex
USD/CHF extends its losses for the second consecutive day, trading around 0.7900 during the Asian hours on Tuesday.
Forex
EUR/USD extends its gains for the second successive session, trading around 1.1780 during the Asian hours on Tuesday. On the daily chart, technical analysis indicates a persistent bullish bias, as the pair moves upward within the ascending channel pattern.
Forex
USD/CAD extends its losses for the second successive session, trading around 1.3740 during the Asian hours on Tuesday.
Forex
GBP/USD found room on the high side on Monday, kicking off a holiday-shortened trading week with a fresh spat of Greenback weakness, bolstering the Pound Sterling (GBP) into its highest bids in ten weeks.
Commodities
Gold (XAU/USD) is surging, up 66% YTD, on heightened geopolitical risk (Russia-Ukraine, US-Venezuela, Israel-Iran) and soft US data hinting at aggressive rate cuts. The price breached $4450/oz, eyeing $4500. The technical picture is decent but overbought.
Forex
The Reserve Bank of Australia (RBA) will publish its minutes of its monetary policy meeting on Tuesday at 00.30 GMT.
December 22th North-American Session Recap – Dollar down, Commodities up session to begin the erratic Christmas Week. Merry Christmas! Check up the Daily asset and FX performance, what changed fundamentally and what's coming up on Monday.
AUD/USD & NZD/USD Analysis: Both currencies are leading the FX session as Markets begin the Christmas Week.
We break down the AUD/NZD High timeframe trends, commodity drivers, and key technical levels for the Christmas trading week.
Forex
The Canadian Dollar (CAD) edges higher against the US Dollar (USD) on Monday amid a softer Greenback. At the time of writing, the pair is trading around 1.3740, down about 0.4% on the day and holding close to September lows.
Commodities
Palladium (XPD/USD) Technical Analysis: After lagging major peers, Palladium ignites a massive catch-up rally as the debasement trade widens. We explore the critical industrial drivers—from AI hardware to auto catalysts—fueling this move. We break down the technical structure to see if the metal can reclaim historic highs.
