NZD/USD gains momentum resuming back above the 20-day SMA. Bulls attempt to maintain control after Thursday’s recovery transitioned the technical outlook towards a slightly bullish sentiment....
AUD/JPY declines to 107.10 while holding just above the 20-day SMA support. A bearish outlook looms for the next few sessions, following a substantial dip from...
AUD/USD remains at highest level since January near 0.6800. Hot PPI data didn’t stop the pair in its upward trend. Monetary policy divergence between RBA and...
US Dollar continues losing ground in light of weak CPI figures and UoM data. Markets still foresee a September rate cut. Despite hot PPI data, US...
NZD/JPY ended Thursday’s session with a significant decline. The bears successfully pushed the pair below the crucial 20-day SMA, signaling a shift in command. In Thursday’s...
AUD made mild gains on Wednesday against the USD. Markets are still deciphering Jerome Powell’s cautious stance, which limits traction for USD. RBA’s hawkish stance provides...
Here is what you need to know on Wednesday, July 10: Major currency pairs continue to trade in familiar ranges midweek as investors’ search for the...
FX option expiries for July 10 NY cut at 10:00 Eastern Time, via DTCC, can be found below – EUR/USD: EUR amounts 1.0645 956m 1.0650 2b 1.0760 839m 1.0770...
AUD extended its decline on Tuesday against the USD. RBA’s hawkish position on policy provides noticeable support to the Aussie. Markets are digesting Jerome Powell’s cautious...
The Greenback maintained its constructive start to the week and lifted the USD Index (DXY) further north of 105.00 as investors digested Powell’s prudent first testimony...
Here is what you need to know on Tuesday, July 9: The US Dollar stays resilient against its major rivals early Tuesday, with the US Dollar...
USD/CHF rose slightly in the quiet market environment ahead of this week’s US CPI data. Last week’s underwhelming US data weighed on the USD. Markets are...
US Dollar, down 0.80% last week, now at lowest level since mid-June. Anticipation builds with the upcoming release of the June inflation figures and Fed talks....
USD/CHF continues soft following an unexpected increase in US Unemployment. On the positive side for the US, NFPs for June surpassed market expectations. With falling inflation...
US Dollar extends its downward trend after ending last week with 0.85% loss. NFPs highlight was an unexpected rise in Unemployment. Markets are now seeing two...
Rising US Unemployment figures had USD facing selling pressure. Australia reported mixed housing data on Friday. Monterey divergences between the Fed and RBA might push the...
AUD/JPY moderates, hovering steadily above the 108.00 mark, wrapping up a week with a 1% gain. Buyers are taking a breather and keeping the cross in...
NZD/USD edged higher and closed above the 20 SMA support around 0.6120. With the technical outlook now showing signs of bullishness, the pair tests resistance around...
GBP/JPY attracts sellers for the second straight day, though the downside seems limited. Intervention fears prompt some JPY short-covering and exert pressure on spot prices. The...
AUD/USD bulls retain firm control as the Aussie stands strong amid weak US data. May’s strong Retail Sales figures from Australia continue to support the pair,...