US dollar is trading high ahead of inflation data

Aussie has lost its yesterday gains and consolidated its downtrend today Asian Session elsewhere the US dollar is trading high against major pairs. The yesterday gains has no obvious basic catalyst, it might be due to the view of making some profit in the midst of a dangerous alarming mood, which could lead to a [...]

BoE interest rate decision impacts pound

The sterling is trading downside today against greenback amid the BOE interest rate decision and the concern over the fuel crisis. The greenback is uptrend against major currencies as investors rallied on rising energy prices and the Federal Reserve's expectations of higher inflation. The British pound fears inflation and continues to struggle over the challenge [...]

Non farm payroll report pressurizes dollar

The Euro pair has extended its progress in the European session today. The major currency pair is fighting for new traces after falling for three days while the previous day, do not forget that the pair reached its lowest consolidation phase in 15 months. The current resolution among EUR / USD traders may be linked [...]

Gold is on midtrend ahead of US payroll

Gold prices moved up and down today against greenback and prices have consolidated within a range this week. The yellow metal has been sidelined as energy commodities roared and inflation fears fueled the US Dollar higher.  Today it was stuck in a narrow range, as investors sought more direction from the U.S. non-farm payrolls report, [...]