Kiwi sees further consolidation against the Yen, maintaining support at the 20-day SMA after reaching the highest level since June 2007 on Thursday. Daily chart indicators...
DXY rally extends into Friday, hitting its highest level since early May. Consumer Confidence from the UoM figures come in below expectations, dampening the market mood,...
The AUD/JPY pair witnesses further descent, as the ongoing profit-taking causes it to approach the reinforced 20-day SMA support. Should the bulls manage to establish robust...
AUD/USD continues its decline as markets gear up for RBA’s decision next week. Federal Reserve’s projection of higher interest rates continues to bolster USD. Australian calendar...
The NZD/USD stabilizes near 20-day SMA as bears intensify their attempts to breach the20-day SMA. Despite spirited defenses, both bulls and bears are yet to make...
EUR/JPY trades at 168.43, marking the second consecutive day of losses due to political uncertainty in France. Technical outlook: Consolidation below 170.00 with potential further losses...
Here is what you need to know on Friday, June 14: The Japanese Yen (JPY)stays under selling pressure on Friday as markets assess the Bank of...
EUR/JPY builds on its intraday positive move after the BoJ manintains the staus quo. The BoJ left interest rates unchanged and also decided not to reduce...
USD/CAD oscillates in a range and is influenced by a combination of diverging forces. The recent strong rally in Oil prices underpins the Loonie and caps...
The US Dollar managed to regain balance and reverse the post-CPI pullback on Thursday along with investors’ assessment of a potential one interest rate cut by...
DXY rallies further following Federal Reserve’s decision, trades above 105.00. US releases soft PPI figures from May and higher weekly Initial Jobless Claims. US Treasury yields...
DXY rallies further following Federal Reserve’s decision, trades above 105.00. US releases soft PPI figures from May and higher weekly Initial Jobless Claims. US Treasury yields...
China’s FX regulator, the State Administration of Foreign Exchange (SAFE), said in a statement on Thursday, it “will strengthen FX situation monitoring and policy reserves.” Additional...
The AUD/USD saw a decline after the release of the Federal Reserve’s decision. The projection of higher interest rates seems to be favoring the USD. The...
The Fed held rates steady at 5.25%-5.50% as expected. The dot plot indicated that most of the FOMC members are seeing fewer rate cuts this year....
The Greenback extended its promising start to the week and kept the risk complex under pressure on Tuesday as market participants continued to evaluate political jitters...
AUD/USD wades through mixed trading as sellers regain momentum. Focus is now on Wednesday’s US inflation figures and Fed dot plot. Australia releases mixed NAB business...
USD sees continuous rise with keen eye toward FOMC meeting, prolonging its third consecutive day of gains. US economic outlook remains strong and investors await fresh...
USD/JPY attracts buyers for the third straight day and draws support from a combination of factors. The BoJ policy uncertainty and a weak domestic economy continue...
AUD/USD rebounded on Monday as sellers took a breather. All eyes are now on Wednesday’s session where the US releases inflation figures and the Fed makes...