The Greenback staged a robust comeback after flirting with 14-month lows, prompting quite a meaningful knee-jerk in the risk complex ahead of key data releases and...
EUR/GBP retraced Monday’s sharp downward movements. The daily RSI and MACD signals a stabilizing selling pressure. The pair might extend its current sideways trend in the...
AUD/JPY attracts some follow-through buyers and reacts little to Australian inflation figures. The headline CPI eased to 2.7% YoY in August, while the core CPI remains...
EUR/USD found its footing on Tuesday, recovering the early week’s lost ground. Markets have tilted into a short-USD stance on rising hopes for more rate cuts....
The NZD/USD pair has risen sharply to trade at 0.6340, a 1% rise, suggesting strong buying pressure. The RSI and MACD indicators are both sharply rising,...
Australian Dollar reaches a three-month high of 0.6852 against the US Dollar on Tuesday. AUD/USD is supported by China’s stimulus measures, a weaker USD, and positive...
DXY gave up some ground and fell to 100.60. Conference Board consumer confidence data for September missed expectations. Fed speakers are battling the current market’s dovish...
EUR/GBP consolidates Monday’s sharp downward movements. The RSI suggests oversold conditions but the MACD signals a stabilizing selling pressure. The pair might side-ways trade in the...
AUD/USD pulls back after touching a fresh YTD peak, albeit the downside remains limited. The divergent RBA-Fed policy expectations act as a tailwind amid the upbeat...
AUD/JPY attracts some follow-through buying on Tuesday and reacts little to the RBA decision. The RBA decided to leave its benchmark interest rates unchanged and stick...
Japan’s Finance Minister Shunichi Suzuki said on Tuesday that he is “monitoring impacts from central banks’ monetary policies.” Suzuki said that he “expects the Bank of Japan...
Australian Dollar strengthens against its US counterpart due to RBA policy outlook. RBA is expected to maintain its Official Cash Rate unchanged at 4.35%. US S&P...
EUR/GBP extended its downtrend on Monday, declining by 0.50% to 0.8335. The breach below 0.8350 marked a low since April 2022. The RSI has entered the...
US Dollar holds its ground on Monday, rising despite softer PMI data. Market prices in 75 bps of Fed easing by year-end. Fed’s Goolsbee pledged for...
GBP/USD climbs as Flash PMIs from both UK and US indicate economic deceleration. The pair’s uptrend tests the top of an ascending channel, nearing key resistance...
In an interview with NHK Broadcaster on Monday, Atsushi Mimura, Japan’s newly appointed Vice Finance Minister For International Affairs and top foreign exchange official, said that...
GBP/USD stabilizes at 1.2858 after sellers failed to clear the 1.2900 level. Momentum favors buyers, but long positions in Sterling risk vulnerability if BoE cuts rates....
US Dollar DXY struggling to rebound amid mixed PCE figures and anticipations of Fed cuts. Possibility of a rate cut by the Fed in September remains, though...
Here is what you need to know on Friday, July 26: Following the mixed action seen in financial markets on Thursday, investors cling to a cautious...
AUD/USD attract some buyers and snaps a nine-day losing streak to its lowest level since early May. A modest recovery in the equity markets undermines the...