DailyFX - Forex Market News
S&P 500 continues to be driven by the AI frenzy, with traders ignoring macroeconomic data and political developments in Washington
Falling WTI prices, US Dollar strength and Canadian wildfires keep CAD on the back foot. Where to next for USD/CAD?
Japanese officials are closely watching how the Japanese Yen is moving in the FX market after USD/JPY hit a fresh six-month low.
Spot Gold continues to struggle for a meaningful recovery as the Dollar Index (DXY) began the day on the front foot. Will the DXY continue to hamper golds recovery?
Indices were given a boost on Friday by news of a debt ceiling deal in principle, though some of that optimism has ebbed away over the long weekend.
GBP/USD has not been able to reverse recent losses while fundamental and technical analysis may suggest further hardship for the pound.
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