WTI oscillates in a range around $85.00, Middle East tensions remain in focus
WTI is seen consolidating the previous day’s goodish recovery gains from a nearly two-week trough. The Israel-Gaza conflict continues to…
USD/INR gains momentum amid a stronger Dollar, focus on bond yields and oil prices
Indian Rupee loses ground on a firmer USD amid upbeat US economic data. Rising US Treasury bond yields and oil…
Australian Dollar hovers near the major level ahead of US data
Australian Dollar extends gains as the US Dollar declines. Australia’s Manufacturing PMI eased to 48.0, while the Services PMI dropped…
Gold Price Forecast: XAU/USD pulls back from five-month high, trades near $1,970
Gold prices snap the winning streak amid US Dollar rebound. Escalation of the Israel-Hamas conflict could limit the downfall in…
USD/MXN Price Analysis: Sits near two-week high/38.2% Fibo., bullish potential intact
USD/MXN is seen oscillating in a range on Friday and consolidating its weekly gains. The technical setup favours bullish traders…
NZD/USD touches fresh 2023 trough, around 0.5825 area as traders look to Fed’s Powell
NZD/USD drifts lower for the third straight day and touched its lowest level since November 2022. The Israel-Hamas war, hawkish…
UK CPI Preview: Soft inflation could increase odds of another BoE pause in November
The UK CPI report will be published by the Office for National Statistics on Wednesday. Headline and Core annual inflation…
USD/MXN trades lower around 17.9400 on hawkish meeting minutes from Banxico
USD/MXN retraces recent gains post Banxico’s meeting minutes. US headline inflation surpassed the expectations; while jobless claims printed a lower…
EUR/USD Price Analysis: Eyes descending trend-channel breakout ahead of US CPI
EUR/USD steadily climbs back to over a two-week high touched on Wednesday amid a softer USD. Expectations that the Fed…
USD/MXN Price Analysis: Remains on the defensive below 18.00 mark, downside seems limited
USD/MXN struggles to gain any meaningful traction, though the bias remains tilted in favour of bulls. Any further slide could…