USD/CAD attracts fresh buying on Thursday, though the upside potential seems limited. A modest downtick in oil prices undermines the Loonie and lends support to the...
The index extends the decline and challenges 103.00. US inflation figures are expected to have retreated further in December. US yields trade slightly on the defensive...
USD/JPY traders await the US CPI data for the next major scheduled catalyst. The price is coiled and an inverse daily head and shoulders could be...
The New Zealand Dollar failed to gain traction despite a risk-on impulse. US Dollar remains soft amid growing speculations for a soft US CPI print. China’s...
The Swiss Franc is among the worst performers on Wednesday. US Dollar post mixed results during the American session ahead of US CPI. USD/CHF rebounds sharply,...
EUR/USD rallied on a weak US Dollar and ECB hawkish commentary. Federal Reserve Chair Jerome Powell’s speech on Tuesday did not provide any guidance ahead of...
USD/JPY edges higher on Wednesday and hits a fresh weekly high amid a modest USD uptick. Bets on smaller Fed rate hikes, sliding US bond yields...
AUD/USD regains positive traction in reaction to the upbeat Australian macro data. Bets on smaller Fed rate hikes weigh on the USD and remain supportive of...
NZD/USD edges higher on Thursday amid renewed USD selling bias, albeit lacks follow-through. Bets for less aggressive Fed rate hikes keep the US bond yields depressed...
GBP/USD remains sidelined after snapping two-day uptrend the previous day, picks up bids of late. Cautious optimism allows Cable buyers to retake control ahead of the...
In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.7756 vs. the last close of 6.7780. About the fix China...
USD/CAD struggles for direction as the US Dollar rises, while oil prices capped the upside. US Treasury bond yields spurred the uptick in the US Dollar,...
NZD/USD bulls eye a test of resistance before Thursday’s CPI event that leaves the 0.6470s exposed. NZD/USD traders will be looking to the lower timeframes for...
USD/CHF rebounds around 0.9170s as buyers stepped in, lifting the pair near 0.9200. For the USD/CHF to extend its losses, it needs a daily close below...
GBP/USD registers some decent losses after failing to climb above 1.2200. For the GBP/USD to extend its gains, it needs to reclaim 1.2200, to pose a...
The US Dollar remains weak against Emerging Markets currencies. USD/MXN testing 2022 lows near 19.10, close to 19.00. Bearish pressure to ease above 19.50 The USD/MXN...
EUR/USD navigates a narrow range amid vacillating markets. The dollar also trades in an erratic fashion despite higher yields. Markets’ attention gyrates to Thursday’s US CPI...
EUR/USD seems to have met some resistance near 1.0760. Further upside could see the June 2022 high retested. EUR/USD falters just ahead of Monday’s monthly peaks...
EUR/USD looks to consolidate further above the breakout of 1.0700. The dollar trades in an inconclusive fashion so far on Tuesday. Investors’ focus gyrates to Chief...
EUR/GBP attracts fresh buying on Tuesday and recovers further from over a two-week low. Dovish BoE expectations weigh on the British Pound and remain supportive of...