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The Australian Dollar appreciates following the domestic mixed labor market. Australia’s Employment Change rose by 35,600 in November, exceeding the previous 12,100 and the expected 25,000 readings. Traders still expect the Fed to proceed with a quarter-point rate cut in December following the lates

EUR/GBP is closing in on a major support level at 0.82. And were it not for the strong dollar, the Bank of England's trade-weighted sterling index would be pushing to new highs of the year. Two related factors are driving the sterling move, ING’s FX analyst Chris Turner notes. GBP pays the highest d

Silver price trades sideways near $32.00 with a focus on a slew of global events. Investors expect the Fed to cut interest rates by 25 bps to 4.25%-4.50% on December 18. Tensions escalating in the Middle East would keep the Silver price well-supported. Silver price (XAG/USD) trades in a tight range

NZD/JPY fell to 87.48 on Friday, extending its weekly losses. Indicators are dangerously close to oversold conditions, signaling a potential correction. Bearish momentum remains intact, with risks of further downside. The NZD/JPY pair extended its decline on Friday, falling to 87.48 as selling press

Job creation in November rebounded from a near-standstill the prior month as the effects of a significant labor strike and violent storms in the Southeast receded, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls increased by 227,000 for the month, compared with an upwardly revised 3

US Dollar Index declines toward 106.10 on Wednesday. Soft services data seems to be pushing the USD lower. Market attention will turn to Fed Chair Powell’s words late in the American session. The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, declined towa