The loss of impetus in the US manufacturing sector sparked a deeper pullback in the Greenback and supported further the recovery of the risk-associated assets at...
Weak ISM PMI report for May and decreasing US Treasury yields weigh on USD. ISM Manufacturing PMI report increases odds of Fed rate cut in September....
FX option expiries for June 3 NY cut at 10:00 Eastern Time, via DTCC, can be found below – EUR/USD: EUR amounts 1.0805 1.4b 1.0850 585m 1.0860 650m 1.0870...
Daily chart indicators suggest a positive incline; RSI climbs up. Hourly chart indicators flatten out in positive territory, indicating consolidation after recent gains. The pair is...
The daily RSI is pointing upwards, hovering around 70, but continuing red bars in the MACD show a trailing consolidation. On the hourly chart, indicators are...
EUR/GBP rose sharply on Friday at 0.8531, notching a 0.26% gain. Inflation data from the Eurozone, both headline and core HICP, exceeded the forecasts. A cut...
USD/CHF took a downturn in Friday’s session, plummeting to 0.9016, after slightly rising to 0.9070 earlier in the session. Following US inflation figures coming in line...
The AUD/NZD rebounded to a high of 1.0840 after dipping to 1.0815 on Wednesday. Strong data from Australia following the report of hot inflation figures reported...
US GDP Q1 revisions and increasing Jobless Claims affects USD negatively. Weekly Jobless Claims rose higher than expected. Markets look forward to PCE figures on Friday....
Here is what you need to know on Thursday, May 30: Safe-haven flows dominate the financial markets in the second half of the week, allowing the...
The Greenback extended its recovery and printed fresh multi-day highs amidst the persistent move higher in US yields and shrinking bets of a Fed rate cut...
A sharp recovery in US Dollar triggered by cautious market sentiment. Bets for interest rate cut at the September Fed meeting continue to receive pressure from...
Here is what you need to know on Wednesday, May 29: Major currency pairs are having a difficult time finding direction in the first half of...
USD/CHF took a dip in Tuesday’s session and fell to 0.9110. Despite the Consumer Confidence index in the US and Housing prices exceeding expectations, the USD...
The daily chart flashes overbought signals but the overall trend favors the bulls. Post achieving multi-year highs over 96.70, NZD/JPY shows a possibility for a healthy...
Strong Consumer Confidence and Housing sector data didn’t trigger movements in the USD. Next highlight will be Wednesday’s Fed’s Beige Book report where markets will get...
Here is what you need to know on Tuesday, May 28: The US Dollar (USD) is having a hard time finding demand early Tuesday after weakening...
FX option expiries for May 28 NY cut at 10:00 Eastern Time, via DTCC, can be found below – EUR/USD: EUR amounts 1.0670 459m 1.0800 403m 1.0860 719m 1.0875...
NZD/USD buyers advanced and pushed the pair to levels last seen in March at around 0.6148. May’s ANZ business survey will be Tuesday’s highlight on the...
Data on US income, spending, consumer confidence, and Q1 GDP will shape the index’s trajectory this week. Fed’s Beige Book report on Wednesday is anticipated to...