By FXStreet Gold prices surged on Wednesday, with spot erasing all of its previous day’s losses to close the day above $1,240.00 an ounce. A softer greenback has
By FXStreet GBP/USD reached a weekly high and approached the 1.4100 level during the American afternoon, as the Cable remains on recovery mode after hitting fresh cycle lows
By FXStreet Crude oil prices retraced part of their daily gains but ended higher, with West Texas Intermediate futures trading up 0.8% around $34.60 a barrel after being
By FXStreet The Australian dollar soared, to flirt with the 0.7300 level against the greenback, underpinned by a much stronger-than-expected Q4 GDP reading, which beat market and RBA
By FXStreet The US economy continued to expand in most Fed’s districts according to the Beige Book. Economic activity was reported as expanding moderately, modestly or slightly in
By FXStreet The dollar traded generally higher during the first half of the day, and even got a boost from the ADP employment survey, showing that the private
By FXStreet USD/JPY failed to sustain intraday gains and turned south during the American session as ADP-inspired gains proved to be short-lived. USD/JPY peaked at 114.54 as the
By FXStreet EUR/USD has been under mild pressure on Wednesday and consolidates near daily lows, although it has managed to hold above February’s monthly low of 1.0814 so
By FXStreet The Australian dollar gathered pace and managed to break above the 200-day SMA and its Asian session peak to score its highest level in two months.
By FXStreet Crude oil prices are losing part of their shine today, with the barrel of West Texas Intermediate retreating to the $33.70 area post-EIA report. WTI slumps