USD/CAD bounces off the weekly low touched earlier this Friday, though lacks follow-through. An uptick in US bond yields revives USD demand and offers some support...
The index extends the recovery past the 106.00 hurdle. Higher US yields also prop up the upside momentum. The mood in the risk complex appears depressed...
The Japanese yen weakens amid higher government bond yields. The US Dollar Index rose 0.55% in a quiet low-volume session. USD/JPY heads for weekly losses despite...
GBP/USD retreats from a multi-month high amid a modest pickup in the USD demand. An uptick in the US bond yields prompts some USD short-covering amid...
DXY partly sets aside the recent sharp sell-off and regains 106.00. The 200-day SMA near 105.30 continues to emerge as a tough support. DXY finally regains...
Here is what you need to know on Friday, November 25: The trading action in financial markets remains subdued amid thin volumes on Black Friday. Following...
USD/CAD refreshes weekly low on Friday amid sustained selling around the US Dollar. The less hawkish FOMC minutes and a positive risk tone continue to weigh...
China reported record-high Covid-19 infections on Thursday (Nov 24). Cities nationwide have imposed localized lockdowns which dampens the Outlook for the world’s second-largest economy. Meanwhile, the...
This could be the Euro’s final attempt while below 1.0450. A breach there, however, opens the risk of a move into the support quarter of the...
The US Dollar remains offered, except against the Swiss Franc, as the USD/CHF rises. USD/CHF: A daily close above 0.9425 will pave the way towards a...
US Dollar remains under pressure after FOMC minutes. Limited trading activity as Wall Street remains close. GBP/USD heads for the highest close in three months. The...
The index succumbs to the selling pressure and breaches 106.00. A deeper pullback opens the door to the November low near 105.30. DXY Keeps the downtrend...
EUR/USD rises for the third session in a row and trespasses 1.0400. Further gains could challenge the monthly peak around 1.0480. EUR/USD flirts with the multi-month...
Here is what you need to know on Thursday, November 24: Pressured by the disappointing macroeconomic data releases and the dovish tone seen in the FOMC...
GBP/USD cheers broad US Dollar weakness to refresh multi-day top. Brexit pessimism, mixed UK PMIs probe upside momentum during Spring holiday in the United States. Fed...
EUR/USD grinds near one-week high, prints three-day uptrend, despite latest retreat from the daily top. FOMC Minutes, statistics from the United States favor US Dollar bears....
The US Dollar remains offered across the board against most G8 currencies. A broken rising wedge on the USD/JPY 4-hour chart targets a fall towards 138.00....
A softer US Dollar is weighing on the USD/CHF, down by almost 1%. A bearish-engulfing candle pattern exacerbated a fall of 200 pips in the USD/CHF....
EUR/USD adds to Tuesday’s advance and retests 1.0350. Next on the upside comes the key 200-day SMA near 1.0400. EUR/USD advances for the second session in...
Here is what you need to know on Wednesday, November 23: Markets remained relatively quiet early Wednesday as investors stayed on the sidelines while waiting for...