Forex Market

The U.S. government shutdown is set to continue into next week as Congress remains deadlocked over a funding agreement. Lawmakers left Washington for the weekend without reaching a deal, prolonging disruptions to federal services and leaving millions of workers uncertain about their next paycheck.Efforts to provide partial relief have faltered. …

Canadian retail sales saw a notable 1.0% increase in August, rising to $70.4 billion, according to data released Friday by Statistics Canada. This performance marked a decisive turnaround following a contraction in July, with the growth observed across six of nine subsectors. Significantly, the gain was matched by a 1.0% …

Gold prices rebounded on Thursday, snapping a two-day losing streak as renewed U.S.–China trade tensions and fresh Western sanctions on Russia revived safe-haven appetite ahead of key U.S. inflation data later this week. By 06:15 GMT, spot gold rose 0.9% to $4,137.40 per ounce, while U.S. gold futures climbed 2% …

U.S. Treasury yields showed mixed movements on Wednesday, reflecting investor caution and uncertainty ahead of the delayed Consumer Price Index (CPI) report, now scheduled for Friday. The yield on the 10-year Treasury fell slightly to 3.951%, while the 2-year note dropped to 3.442%. In contrast, the 30-year Treasury yield remained …

West Texas Intermediate (WTI) and Brent crude oil have both seen a notable rebound, recovering from recent multi-month lows as traders respond to an unexpected drop in US inventories. WTI edged higher to around $59.29 per barrel, marking a near 3% gain, while Brent rose to $63.34 per barrel, signaling …

In a move to support farmers affected by the ongoing trade dispute with China, the U.S. administration has released $3 billion in federal aid that had been frozen during the government shutdown. The funds aim to help agricultural producers manage financial pressures caused by disrupted trade and market uncertainty.The Department …

The US dollar remained stable against the Swiss franc on Wednesday, finding a delicate balance between renewed optimism over global trade talks and ongoing deflationary pressures in Switzerland. After an early-week rebound, the greenback maintained its position as traders looked ahead to key economic data and central bank decisions.Market sentiment …

The euro managed to find its footing on Wednesday after three consecutive days of losses, recovering modestly as the U.S. dollar slipped from its recent one-week highs. The shift in momentum came amid a cautious market tone, with investors showing signs of restraint ahead of upcoming U.S. economic data releases.After …

The British pound weakened on Wednesday, falling against both the U.S. dollar and the euro, after official data showed that U.K. inflation unexpectedly held steady in September, rather than rising as markets had anticipated. The Consumer Price Index (CPI) remained at 3.8% for the third consecutive month, according to the …

Gold prices steadied in Asian trading on Wednesday, recovering slightly from steep overnight losses as easing U.S.-China trade tensions and expectations for progress in global trade talks curbed demand for safe-haven assets. At 04:21 GMT, spot gold edged 0.1% higher to $4,127.95 per ounce, bouncing from an earlier session low …