NZD/USD bears move in as profit-taking ensues. The markets will look to he the NZ Half Year Economic and Fiscal Update on Wednesday and the Fed....
The US Dollar plummets following the release of US inflation data. The Mexican Peso has the best day in months versus the US Dollar. USD/MXN back...
The Euro rose to multi-week highs but retraced and cleared the 20 and 50-day EMAs. EUR/JPY: A decisive break below 143.00 could pave the way towards...
GBP/USD edges higher on Friday and draws support from a combination of factors. Stronger UK wage growth data underpins the British Pound and acts as a...
USD/CHF bounces around last week’s lows around 0.9310s. Near term, the USD/CHF formed a double bottom, which targets a rally towards 0.9430s. The USD/CHF bounces from...
Inflation expectations in the US dipped, as reported by the NY Fed. USD/CAD traders are eyeing a speech by Bank of Canada Governor Tiff Macklem. The...
Gold price bears have moved in for the kill at the start of the week. $1,765 swing lows are now in sight and in-the-money longs below...
Japanese yen among weakest currencies on Monday amid risk appetite. US yields move modestly to the upside ahead of US CPI and FOMC decision. USD/JPY to...
GBP/USD gained traction and advanced towards 1.2300 on Monday. The data from the UK showed that the UK economy grew by 0.5% in October. The improving...
USD/CAD traders will be eyeing the FOMC and the Oil price. USD/CAD is riding dynamic support with a focus on 1.3700. USD/CAD ended the week at...
USD/CAD stages a modest intraday recovery move from the 50-day SMA support on Friday. Bearish oil prices undermine the Loonie and offer support, though weaker USD...
NZD/USD gains traction for the fourth straight day on Friday amid the prevailing USD selling bias. Bets for less aggressive Fed rate hikes keep the US...
Wall Street adds to gains while US Treasury yields remain steady. Japanese up versus US Dollar, steady versus other rivals. USD/JPY down for the second day...
The US Dollar falls across the board on Thursday amid risk appetite. AUD/USD strengthens after breaking 0.6750, trims weekly losses. US Initial Jobless Claims rise to...
USD/JPY oscillates in a narrow trading band amid subdued trading action on Thursday. A combination of factors undermines the JPY and extends some support to the...
AUD/USD remains confined in a range and is influenced by a combination of diverging forces. The subdued USD demand offers some support, though recession fears seem...
fx Option expiries for Dec 8 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.0400-05 306m 1.0420-30 567m...
GBP/USD lacks any firm direction and oscillates in a narrow trading range on Thursday. Subdued USD demand lends some support, though recession fears seem to cap...
In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.9606 vs. the last close of 6.9693. About the fix China...
Broad US Dollar weakness across the board, a headwind for the USD/CHF. A falling wedge in the USD/CHF daily chart suggests the pair might break upwards...