Forex News

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Gold slips below $2,900 amid lower consumer spending

Christian Borjon Valencia14 Feb @ 08:14

Gold price has fallen below $2,900 on Friday, yet it will end the week with solid gains of over 0.80% as traders book profits ahead of the weekend.

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Mexican Peso surges and ends week in the green ahead Banxico’s minutes

Christian Borjon Valencia14 Feb @ 06:37

The Mexican Peso (MXN) extended its rally on Friday, set to end the week with gains of over 1% against the Greenback.

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Australian Dollar jumps to highs since December on USD weakness

Patricio Martín14 Feb @ 08:23

The Australian Dollar (AUD/USD) strengthens for the second consecutive day on Friday, supported by US President Donald Trump’s decision to delay implementing reciprocal tariffs.

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NZD/USD Price Analysis: Bulls push higher as pair eyes 100-day SMA

Patricio Martín14 Feb @ 09:20

The NZD/USD pair rallied on Friday, jumping to 0.5735 and marking a fresh multi-week high.

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USD/JPY Price Forecast: Sinks below 200-day SMA as USD tumbles

Christian Borjon Valencia14 Feb @ 09:14

The USD/JPY extended its losses, dropping below the 200-day Simple Moving Average (SMA) of 152.73 and hitting a three-day low of 152.02.

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Dow Jones Industrial Average sheds 160 points after Retail Sales misfire

Joshua Gibson14 Feb @ 05:38

The Dow Jones Industrial Average (DJIA) cooled on Friday, shedding around 100 points and waffling into the 44,600 region after US Retail Sales missed the mark in January.

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US Dollar loses interest after weak Retail Sales figures

Patricio Martín14 Feb @ 06:05

The US Dollar Index (DXY), which tracks the US Dollar's performance against six major currencies, remains stable after posting losses in the previous session.

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Canadian Dollar grinds its way higher amid US data dropoff

Joshua Gibson14 Feb @ 06:51

The Canadian Dollar (CAD) gained another leg up on the Greenback on Friday, climbing around one-sixth of one percent against the safe haven US Dollar (USD) as markets short the Greenback.

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EUR/USD Price Analysis: Bulls take control as pair climbs to fresh highs

Patricio Martín14 Feb @ 04:05

EUR/USD continued its upward trajectory on Friday, climbing to 1.0500 and marking its highest level in weeks.

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GBP/USD rallies past 1.2600 as weak US Retail Sales sink the USD

Christian Borjon Valencia14 Feb @ 03:39

The Pound Sterling rallied for the second consecutive day on Friday, reclaiming the 1.2600 figure following a dismal US Retail Sales report that reflected American consumers cut their expenses.

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Gold: Heads I win, tails you lose – TDS

FXStreet Insights Team14 Feb @ 03:36

For as long as this set-up in gold persists, you have been better served by throwing caution to the wind, TDS' Senior Commodity Strategist Daniel Ghali notes.

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US Dollar set for a weekly loss over 1.5% in horror January Retail Sales result

Filip Lagaart14 Feb @ 12:04

The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is devaluing substantially towards 106.50 at the time of writing, amounting to over 1.5% loss on the week since Monday. United

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USD/CAD posts fresh two-week low near 1.4160 after dismal US Retail Sales data

Sagar Dua14 Feb @ 02:38

The USD/CAD pair extends its downside and posts a fresh two-week low near 1.4160 in Friday’s North American session.

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EUR/USD gains on delay in Trump’s reciprocal tariffs, poor US Retail Sales data

Sagar Dua14 Feb @ 10:11

EUR/USD extends its winning streak for the fourth trading session on Friday.

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Pound Sterling gains further against USD as US Retail Sales decline faster-than-expected

Sagar Dua14 Feb @ 08:11

The Pound Sterling (GBP) posts a fresh eight-week high around 1.2600 against the US Dollar (USD) in Friday’s North American session.

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BoC stuck between a rock and a good place – TDS

FXStreet Insights Team14 Feb @ 01:43

The Bank of Canada is caught in a conundrum, trying to balance the impacts of trade uncertainty - and the threat of escalating tariffs - against a decent run of economic data, TDS' Head of Canadian and Global Rates Strategy Andrew Kelvin reports.

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US Retail Sales decline 0.9% in January vs -0.1% expected

Eren Sengezer14 Feb @ 01:38

Retail Sales in the US declined by 0.9% in January to $723.9 billion, the US Census Bureau announced on Friday.

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