October 31, 2024

Canadian dollar turns higher after hitting earlier 12-week low


The Canadian dollar strengthened modestly against its U.S. counterpart as oil prices rose and the greenback posted broad-based declines, but the loonie remained within reach of an earlier 12-week low.
Read More
October 30, 2024

Dollar profits from Japan political uncertainty, data and US election in focus


The dollar hit three-month highs against the yen, but was little changed on the day against most majors as traders bided their time ahead of next week’s U.S. election and a slew of incoming economic data. The Dollar-Yen pair saw a minor rise of 0.2% in the last session. The Ultimate Oscillator’s is giving a […]
Read More
October 30, 2024

Visa to lay off around 1,400 employees and contractors


Card giant Visa is planning to lay off about 1,400 employees and contractors by the end of the year, the Wall Street Journal reported, citing people familiar with the matter. About 1,000 of the cuts are expected to eliminate technology positions. Visa’s stock saw a minor rise of 0.3% in the last session. The Stochastic […]
Read More
October 29, 2024

Gold eases as Treasury yields rise, focus on US data


Gold’s record rally took a breather, as U.S. Treasury yields and dollar gained the upper hand, while investors awaited a series of U.S. economic data due this week for cues on the Federal Reserve’s interest rate outlook. The Gold-Dollar pair saw a minor rise of 0.2% in the last session. The Stochastic indicator is giving […]
Read More
October 29, 2024

Weekly digital asset inflows reach $901M


Digital asset inflows experienced a notable surge in the week ending October 25th, reaching $901 million, largely fueled by a spike in Bitcoin transactions and propelling year-to-date totals to $27 billion. The Bitcoin-Dollar pair exploded 1.3% in the last session. The ROC is giving a negative signal.Support: 66566 | Resistance: 71486
Read More
October 29, 2024

The Aussie dipped a slight 0.2%


The U.S. dollar headed for its biggest monthly gain since April 2022. The Aussie dipped a slight 0.2% against the Dollar in the last session. The MACD is giving a negative signal.AUD/USD saw a minor dip of 0.2% in the last session.The MACD is giving a negative signal.Support: 0.6537 | Resistance: 0.6633
Read More