Octa

22 hours ago

Gold Price Forecast: XAU/USD eases on Friday as investors look elsewhere

XAU/USD dipped on Friday, with Gold prices falling roughly two-thirds of a percent and dipping back below $2,650 per ounce as market sentiment recovers from the early week’s risk-off appetite.

22 hours ago

United States Baker Hughes US Oil Rig Count: 482 vs previous 483

22 hours ago

GBP/USD catches a thin rebound on Friday

GBP/USD found a thin recovery on Friday, gaining roughly four-tenths of one percent and ending the first trading week of 2025 back above the 1.2400 handle.

23 hours ago

Fed's Barkin: We must see inflation at 2% or weakening in demand to cut rates.

Federal Reserve (Fed) Bank of Richmond President Tom Barkin delivered prepared remarks to the Maryland Bankers Association in Maryland on Friday, outlining the Fed's case for when to cut rates again, and the conditions required to do so.

1 day ago

United States EIA Natural Gas Storage Change above expectations (-127B) in December 27: Actual (-116B)

1 day ago

US ISM Manufacturing PMI improves to 49.3 in December vs. 48.4 expected

The business activity in the US manufacturing sector continued to contract, albeit at a softening pace in December, with the ISM Manufacturing PMI rising to 49.3 from 48.4 in November.

1 day ago

United States ISM Manufacturing Prices Paid registered at 52.5 above expectations (51.7) in December

1 day ago

United States ISM Manufacturing PMI came in at 49.3, above forecasts (48.4) in December

1 day ago

United States ISM Manufacturing New Orders Index climbed from previous 50.4 to 52.5 in December

1 day ago

United States ISM Manufacturing Employment Index came in at 45.3, below expectations (48) in December

1 day ago

AUD/USD consolidates around 0.6200 ahead of US ISM Manufacturing PMI

The AUD/USD pair trades sideways around 0.6200 in Friday’s North American session.

1 day ago

GBP/USD retains a soft undertone – Scitabank

UK money supply and lending data for November came in on the weak side of expectations. Softer demand for mortgages suggests the rebound in UK house prices is starting to crimp demand, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

1 day ago

EUR/USD: Upside potential is limited – Scotiabank

The Euro (EUR) has recovered a little from new cycle lows near 1.0240 made yesterday against the US Dollar (USD) but the rebound has stalled below 1.03 so far on the session, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

1 day ago

CAD holds consolidation range around 1.44 – Scotiabank

The CAD is little changed on the session and continues to hold in the trading range established prior to the holiday break, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

1 day ago

DXY: Overvalued USD consolidates – Scotiabank

After a solid start to the year yesterday, broad dollar gains have been checked back somewhat, leaving the Dollar Index (DXY) in consolidation mode into the weekend, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

1 day ago

NZD/USD Price Forecast: Gains ground near 0.5600

The NZD/USD pair gains firm-footing near the round-level support of 0.5600 in Friday’s North American session.

1 day ago

PBoC: Will cut RRR and interest rates at proper time

The People's Bank of China's (PBoC) Monetary Policy Committee said on Friday that they will cut the reserve ratio requirements (RRR) and interest rates at proper time, per Reuters.

1 day ago

Mexico Jobless Rate came in at 2.6% below forecasts (2.7%) in November

1 day ago

Mexico Jobless Rate s.a rose from previous 2.5% to 2.7% in November

1 day ago

India FX Reserves, USD: $640.28B (December 23) vs previous $644.39B

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