Share: DXY extends further the corrective pullback and retests 103.00. The resumption of the uptrend could revisit the 200-day SMA. DXY appears to have met a...
Share: Here is what you need to know for next week: The US Dollar Index (DXY) rose for the second consecutive week despite improving market sentiment....
Share: USD/MXN eyes its first weekly gain since April 28, currently trading at 17.7767, as risk-off sentiment prompts outflows from the emerging market Peso. US Treasury...
Share: The weekly rally in EUR/JPY remains unabated so far. Further north of 150.00 emerges the YTD high at 151.61. EUR/JPY Maintains the bullish bias for...
Share: USD/CAD meets with a fresh supply on Friday and is weighed down by a combination of factors. Rising Crude Oil prices underpin the Loonie and...
Share: DXY’s strong upside meets resistance near 103.60 on Friday. The key 200-day SMA emerges as the next hurdle near 105.80. The solid weekly performance of...
Share: GBP/USD stages a goodish recovery from over a three-week low amid a modest USD pullback. Hawkish Fed expectations and the US debt ceiling optimism should...
Share: EUR/USD attempts a mild bounce after testing lows around 1.0760. There is a temporary hurdle at the 55-day SMA near 1.0870. EUR/USD Rebounds from new...
Share: AUD/USD catches aggressive bids on Friday and draws support from a modest USD weakness. The risk-on impulse undermines the safe-haven buck and benefits the risk-sensitive...
Share: NZD/USD recovered to a weekly high of 0.6290, buoyed by a favorable climate in US debt ceiling discussions and a weakening US Dollar. Federal Reserve...
Share: EUR/USD bounces back from weekly lows, trading at 1.0818 following Jerome Powell’s comments about a potential pause in the Fed’s tightening cycle. Progress in US...
Share: USD/JPY trades with losses, ending its five-day gain amid a falling US Dollar and risk-averse mood. A daily close below 138.17 could drive the pair...
Share: EUR/USD bounces off lows near 1.00760 on risk-on mood. The ECB’s Economic Bulletin reiterated that price pressures remain strong. Investors’ attention will be on Powell...
Share: AUD/USD gains some positive traction amid a modest USD pullback from a two-month high. A positive risk tone prompts some USD profit-taking and benefits the...
Share: In recent trade today, the People’s Bank of China (PBOC) set the yuan at 7.0356 versus the previous close of 7.0370 and estimate at 7.0392....
Share: The economic calendar is light on Friday. During the Asian session, New Zealand will report on exports and imports, as well as Credit Card Spending....
Share: A robust US jobs report supports bullish sentiment for the greenback, suggesting a potential pause in the Federal Reserve’s tightening cycle is less likely. Progress...
Share: USD/JPY rally driven by positive sentiment around US debt ceiling talks, solid US job data, and upbeat retail and industrial figures. Despite breaching the resistance...
Share: AUD/NZD sinks on the back of a poor Aussie jobs data result. RBNZ expected to hike rates by 50 basis points next week, RBA is...
Share: AUD/USD meets with heavy supply on Wednesday and dives back closer to the weekly low. Rising bets for additional rate hikes by the Fed push...