Dow Jones Industrial Average sheds weight as tech rally fizzles

The Dow Jones Industrial Average (DJIA) shed over 300 points on Monday, plunging to a near-term low just south of 42,300 before a half-hearted recovery back to 42,500 as equities swoon in one of the last trading days of the...

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Canadian Dollar catches thin bid on holiday-constrained market flows

The Canadian Dollar (CAD) caught a thin bid on Monday, rising a little over four-tenths of one percent against the Greenback as tepid markets round out the 2024 trading...

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Forex Today: Year-end markets spin a tight circle ahead of midweek holiday

Markets are struggling to find a reason to move too much in either direction ahead of the New Year’s market closures, which will see most global exchanges shuttered during the middle of the trading...

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AUD/USD languishes near recent lows

AUD/USD churned on Monday, aiming for higher ground but waffling back into the day’s opening bids near 0.6220 as holiday market volumes remain too thin to produce anything except jerky intraday movements that go...

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USD/JPY pulls back, knocks back below 157.00

USD/JPY corkscrewed on Monday, backsliding seven-tenths of one percent and getting knocked back below the 157.00 handle as markets push back into the midrange ahead of the midweek New Year’s holiday...

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EUR/USD struggles to find room to move

On Monday, EUR/USD dipped below the 1.0400 mark as the market navigates the year-end holiday...

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Gold Price Forecast: XAU/USD drifts lower to near $2,600 amid thin trading

The Gold price (XAU/USD) attracts some sellers to near $2,600 during the early Asian section on...

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The curtain may be closing in 2024, but the drama on Wall Street is set to intensify

As 2024 readies its curtain call, U.S. stocks are wrapping up the year on a subdued...

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NZD/USD holds below 0.5650 ahead of New Year’s holiday

The NZD/USD pair trades with mild losses near 0.5635 amid thin trading during the early Asian session on...

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USD/CAD flat lines near 1.4350 as traders await fresh catalysts

The USD/CAD pair holds steady around 1.4355 on Tuesday during the early Asian trading...

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PBOC sets USD/CNY reference rate at 7.1884 vs. 7.1889 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1884, as compared to the previous day's fix of 7.1889 and 7.2832 Reuters...

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China's NBS Manufacturing PMI eases to 50.1 in December, Non-Manufacturing PMI rises to 52.2

China’s official Manufacturing Purchasing Managers' Index (PMI) eased to 50.1 in December, compared to 50.3 in the previous...

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Gold price set to finish the year with gains, driven by bank purchases, geopolitical tensions

Gold price (XAU/USD) holds ground after two days of losses amid thin trading volume on...

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USD/INR attracts some buyers ahead of New Year holiday

The Indian Rupee (INR) extends its downside on Tuesday after falling to its weakest closing level in the previous...

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Australian Dollar moves little due to thin trading ahead of New Year holiday

The Australian Dollar (AUD) remains tepid against the US Dollar (USD) following the release of mixed NBS Manufacturing Purchasing Managers' Index (PMI) data from China on...

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Morning briefing: Euro can continue to trade within 1.0350/1.0500

Good Morning! The Dollar Index is holding above support at 107.75 and can rise towards...

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GBP/USD holds gains near 1.2550, driven a decline in US Treasury yields

GBP/USD retraces its recent losses from the previous session, trading around 1.2550 during the Asian hours on...

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EUR/USD maintains position above 1.0400, volumes remain light on New Year Eve

EUR/USD gains ground on Tuesday, trading near 1.0410 during the Asian session after posting losses on the previous...

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