The AUD/USD outlook remains constructive as the US dollar weakens ahead of the Fed rate cut. Hawkish RBA and China’s trade surplus keep Aussies supported. Technical correction could be seen before the bullish continuation. The AUD/USD price starts the fresh week with a tight bullish consolidation, holding near Friday’s highs around mid-0.6600. The traders are…
MoneyGram Haas F1 Team has announced that IC Markets, one of the world’s leading online trading brands, has become its FX Trading Partner in a new multi-year collaboration. As one of the world’s largest and most trusted trading brands, IC Markets has long been synonymous with cutting-edge technology, speed, and transparency. The visual identity change…
Created on December 07, 2025 The EUR/USD did gain this past week of trading. While speculators may not look upon at the upwards movement with as a significant outcome, the ability of the EUR/USD to finish around 1.16433 after starting the week near 1.16300 may prove important. However, there is a risk that the Fed…
I wrote on the 30th November that the best trades for the week would be: Long of the USD/JPY currency pair following a daily close above ¥157.77. This did not set up. Long of the S&P 500 Index following a daily close above 6,920. This did not set up. Long of Silver with half the…
Why did it take nearly a year for retail prop trading firm FTMO to close on its acquisition of CFDs broker OANDA, first announced at the beginning of February? Who was the first member of eToro’s senior management team to file to sell shares, now that the 180-day post IPO lockup is over? Who are…
The Gold weekly forecast remains moderately supported by expectations of Fed easing. Uptick in US yields and improved risk appetite capped the gold gains. Markets await the FOMC rate decision and Fed Chair commentary, along with labor market data, next week. The gold price remained softer last week but managed to stay above the key…
Created on December 07, 2025 The US dollar plunged against the Canadian dollar during the week but really accelerated to the downside as the Canadian employment numbers came out stronger than anticipated. Because of this, it looks as if the market is ready to roll over again, as we continue to see schizophrenic behavior. That…
New Delhi | Bengaluru: As the rupee enters the 90s against the dollar, parents of children studying abroad are bending over backwards—also becoming part-time currency traders—to combat rising cost pressures. From monitoring daily rate movements for topping up forex cards during periods of rupee appreciation to restructuring remittances, this admissions cycle has turned sophisticated financial…
In today’s Weekly Forex Forecast, I’m breaking down my exact trade plan for the DXY, EURUSD, GBPUSD, and XAUUSD. Can the euro confirm last week’s bullish change of character on the 4-hour chart? I explain that and more in today’s video. US Dollar Index (DXY) Forecast The DXY did what I was anticipating last week…
The USD/CAD weekly forecast remains bearish amid prevailing dollar weakness. The CAD gained as oil prices ticked up while Canada’s employment data remained upbeat. Markets await FOMC and BoC rate decisions due next week, while focus remains on the Fed Chair’s commentary. The USD/CAD slumped last week as the Canadian dollar gained renewed strength amid…