The Greenback lost further ground and dropped to multi-week lows on the back of rising expectations of interest rate cuts by the Fed, a view that...
DXY Index trading exhibits modest gains, rising to 104.45. Markets hope Fed announces early rate cut due to lower-than-expected CPI data. Weak Initial Job Claims, declining...
Australian Dollar gained over 1% against the US Dollar, on Wednesday. US April CPI rose by 0.3% MoM, core CPI dipped as expected. Australian wages grew...
The DXY fell to its lowest level since mid-April on Wednesday. Weak US inflation data and unimpressive Retail Sales increase odds of a Fed interest rate...
Here is what you need to know on Wednesday, May 15: The US Dollar (USD) is finding it difficult to stay resilient against its major rivals...
EUR/JPY edges up 0.44%, extending its winning streak to seven days amid positive market sentiment. Technical outlook remains bullish; RSI nears overbought territory, indicating strong upward...
April’s US Producer Price Index prints higher monthly reading than expected. Fed Chair Jerome Powell signals strong US economic outlook, which may delay interest rate cuts....
Final Euro inflation figures to be overshadowed by US CPI inflation print. Fed Chair Jerome Powell due to speak on Tuesday. US consumer inflation expectations rose...
The Greenback kicked off the week on the back foot amidst the generalized better tone in the appetite for the risk-related assets. Easing inflation figures in...
With the Norges Bank holding rates at 4.5% and suggesting a prolonged duration of stringent monetary policies, a bullish trend for the NOK is likely. The...
DXY Index exhibits mild losses at 105.35, indicating a modest bearish trend. Market attention is centered on conservative Fed comments and April inflation expectations that could...
The daily EUR/JPY RSI reveals ongoing bullish momentum, demonstrating a stable shift from 44 to 60 in the last sessions. Daily MACD perspectives align with the...
The daily chart reveals a subtle change in buyers’ momentum, noted by decreasing MACD green bars and a neutral RSI. Hourly indicators picture a balanced scenario...
Notable monetary divergence between Fed, G10 peers keeps USD afloat. Markets await further economic reports for insights into the US economy’s health for potential adjustments to Fed...
Despite hot inflation readings from Norway, the Fed’s hawkish stance limits the downside. Markets are gearing up for next week’s US CPI reading which may likely...
The Greenback saw a decent recovery during this week, against the backdrop of the generalized erratic performance in the FX space, the continuation of the monetary...
EUR/USD holds gains near 1.0780 as Fed rate-cut speculation keeps the US Dollar on edge. Easing US labor market conditions strengthens Fed rate-cut prospects. The ECB...
EUR/USD climbs into positive territory for the week. Rate cut bets increase on rising US unemployment claims. US consumer sentiment due on Friday. EUR/USD gained ground...
The daily chart reveals the RSI steady in positive zone, showing consistent bullish momentum. On the hourly chart, RSI and MACD persist in positive territory, indicating...
AUD/JPY up 0.30%, showing bullish momentum for potential rise beyond 102.35. Bullish RSI indicates room for growth before hitting overbought conditions. Key levels: Resistance at Tenkan-Sen...