Share: USD/CHF scales higher for the second straight day and climbs back to the weekly high. The Fed’s hawkish outlook continues to underpin the USD and...
Share: USD/INR extends its sideways consolidation price move in a two-week-old trading range. Acceptance below the 200-day SMA supports prospects for a further depreciating move. A...
Share: AUD/USD rebounds swiftly from a multi-month low, albeit the upside potential seems limited. A positive risk tone keeps the USD bulls on the defensive and...
Share: Risk-averse US equities trading and Powell’s hawkish stance, suggesting further tightening, have bolstered the USD. BoE Governor Bailey noted persistent UK inflation and pledged commitment...
Share: after the ECB Sintra Forum, the focus turns to economic data, On Thursday, Japan and Australia will report on retail sales. The New Zealand ANZ...
Share: EUR/USD tumbles to 1.0917, down 0.40%, after hawkish remarks by Fed Chair Jerome Powell and ECB’s President Christine Lagarde. Both policymakers’ commitment to bringing inflation...
Share: The NZD/USD fell to its lowest low since June 8, at 0.6070 during the American session. Jerome Powell hinted at consecutive rate hikes driven by...
Share: EUR/USD fades part of the recent optimism and retests 1.0920. Next on the downside comes the 55-day SMA around 1.0880. EUR/USD gives away some of...
Share: Euro starts Wednesday’s session slightly offered. Stocks in Europe opened the session with decent advance. EUR/USD hovers around the 1.0950 region amid a risk-off mood....
Share: USD/CAD gains traction for the second straight day and recovers further from the YTD low. Tuesday’s softer Canadian CPI print undermines the CAD and lends...
Share: AUD/USD comes under fresh selling pressure on Wednesday and dives to over a three-week low. The softer Australian CPI eases pressure on the RBA to...
Share: NZD/USD drifts lower during the Asian session, although the downside seems limited. The worsening US-China relations turn out to be a key factor weighing on...
Share: AUD/USD retreats from weekly highs amid strong US economic performance. Upcoming Australian CPI data and Fed Chair Powell’s speech to sway AUD/USD. Investors bet on...
Share: Mexican Peso is resilient despite Banxico keeping rates unchanged. USD/MXN loses ground amid robust US economic data. Powell’s upcoming speech to determine USD/MXN direction. The...
Share: The GBP/JPY rose to 183.70, its highest since December 2015. GBP gained appeal on the back of rising Gilts ahead of BoE Bailey’s speech on...
Share: USD/JPY soared to its highest level since November 2022 at 144.17. Durable Goods and Housing data figures came in above expectations. US bond yields rise...
Share: USD/CAD drifts lower for the second straight day and is pressured by a combination of actors. An uptick in Oil prices underpins the Loonie and...
Share: No key reports are due during the Asian session. Later in the day, the US will report Durable Goods Orders and Canada will release inflation...
Share: USD/CHF hovers near 0.8950 and eyes 20-day and 50-day EMA resistance at 0.8988 and 0.9014. RSI nearing 50 midlines, suggesting potential bullish movement. Bearish continuation...
Share: EUR/JPY retreated below 156.30 area and then recovered to 156.55. Germany reported weak IFO index data making German bond yields decline. Investors turn their attention...