The Dollar Index (DXY), measuring the greenback against a basket of key currencies, extended its decline to 103.40 (from 103.75) during the holiday trading session.
The Canadian Dollar (CAD) outperformed, causing USD/CAD to drop by 0.7% to 1.3615, hitting a one-month low. Canada's year-on-year retail sales for September surged to 2.7%, beating expectations of...
The price of gold (XAU/USD) has surpassed the horizontal resistance level at $2,008-$2,010 and advanced to the $2,018 zone on Monday, marking its highest level since mid-May. The precious metal seems to have entered a phase of consolidating gains, fluctuating just below the mentioned region as it enters the European trading session on Tuesday. Weaker-than-expected...