US stocks expected to open on a higher note amid tepid market sentiment

Stocks are expected to start the new trading week on a positive note. Investors are waiting for key earning reports amid a quiet market sentiment. The lack of any major fundamental data led to a recovery in the equity market …

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GBP slips below 1.1200 against USD following UK’s political drama

The British Pound fell more than 1%, below $1.1200, after testing a one-week high of 1.1381 on Friday. A shift in the market sentiment following the dismissal of UK finance Minister Kwasi Kwarteng and the Prime Minister’s Liz Truss announcement …

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Bulls struggle below $1,300 in Ethereum ahead of U.S Inflation data

Ethereum (ETH) price displays similar moves and extends the consolidation but with a mild bullish bias. The market is in grip of uncertainty ahead of the critical U.S data and risk-off mood. Bitcoin rose by 0.42%, and ETH gained 0.34% …

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Gold recaptures $1,680 but remains pressured below 20-day EMA

Gold prices took a sharp U-turn and reclaim $1,680 on Tuesday. Fundamentally, there is no major shift in the paradigm from a broader perspective, but a short-term recovery is seen in the U.S trading session. The oversold market structure amid …

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AUD/USD fell toward 0.6300 amid renewed selling pressure

The Australian dollar lost nearly 100-pip on Monday as the fresh trading week begins. The pair opened the session on a higher note but failed to sustain the gains. The bears took no time to take the charge and dragged …

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The Canadian dollar fell despite higher Crude oil, Job data against the USD

The Canadian dollar reverses its early losses against the US dollar for the past few sessions. The U.S dollar index (DXY) downside momentum paused and held its advance above 112.0 on Friday. As per the latest job data the market …

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EUR/GBP aims for 0.8900 despite disappointing EU data

EUR/ GBP continues to harness the gains for the past three sessions. The pair recorded a jump of 138-pip from the key support level near 0.8630. The move is primarily sponsored by a fundamentally weak Great Britain pound. In recent …

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Gold remains pressured below $1,720; what’s next?

After showing good recovery moves Gold’s price traded in the red on Wednesday. A risk aversion in the market compels investors to place fresh bids for the US dollar. The recent upside in the precious metal was preliminarily sponsored by …

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GBP trades near the two-week high at 1.1400 Vs Dollar amid Tax U-turn

The Great Britain pound retests the 1.1400 mark for the first in the last two weeks despite a stronger U.S dollar. Although, it could be a short-term enjoyment for GBP buyers. As the fundamentals on a broader perspective remain unchanged. …

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Euro fell more than 1% amid geopolitical tension, Fed decision

The Euro plunged nearly 1% after Russian President Vladimir Putin announced a military mobilization in Russia for the first time since World War two that could escalate tensions with Ukraine. Further, the President’s remarks on the readiness to use Nuclear …

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