The US Dollar falls again versus Emerging Market currencies. USD/MXN hits lowest level since February 2020 and rebounds. The USD/MXN broke below 19.25 and fell to...
EUR/USD bounces off Monday’s lows and resumes the upside. EMU Final Consumer Confidence came in at -23.9 in November. Germany’s flash Consumer Price Index comes next...
USD/JPY tumbled to a fresh three-month-low but rebounded towards 138.70s. A double bottom on the USD/JPY daily chart targets a rise to 145.00. USD/JPY Price Analysis:...
EUR/USD trims part of the earlier advance to the 1.0500 zone. The dollar attempts a rebound from initial multi-month lows. Lagarde notes high inflation is dampening...
The index resumes the downtrend and revisits the 105.30 region. The loss of the 200-day SMA opens the door to additional losses. DXY comes under extra...
USD/JPY dives to a fresh three-month low on Monday and is pressured by a combination of factors. Bets for less aggressive Fed rate hikes and sliding...
GBP/USD reverses an intraday dip amid the emergence of fresh selling around the USD. Bets on less aggressive rate hikes by the Fed, sliding US bond...
USD/JPY meets with a fresh supply on Monday amid reviving demand for the safe-haven JPY. The narrowing of the US-Japan rate differential also underpins the JPY...
USD/CHF prints three-day uptrend as sour sentiment underpins US Dollar. China-linked woes join pre-data anxiety to favor USD/CHF bulls. Swiss Q3 GDP, Fed Chair Powell’s speech...
In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 7.1617 vs. the last close of 7.1635. About the fix China...
EUR/JPY leaves behind three consecutive daily pullbacks on Friday. Next on the upside appears the weekly high above 146.13. EUR/JPY Bounces off weekly lows and regains...
EUR/USD comes under pressure and returns to the sub-1.0400 area. Immediately to the upside emerges the November peak at 1.0481. EUR/USD faces some selling pressure and...
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...