Following a negative start to the week, the Greenback managed to regain traction and lifted the USD Index (DXY) back above the 106.00 hurdle sustained by...
FX option expiries for Apr 29 NY cut at 10:00 Eastern Time, via DTCC, can be found below – EUR/USD: EUR amounts 1.0615 895m 1.0625 483m 1.0650 640m 1.0700...
The daily RSI of the EUR/JPY transitioned from its overbought threshold to near 60. In the hourly chart, the RSI reveals intense short-term bearish momentum, with...
DXY Index is noting losses at the start of the week, declining toward 105.70. Resilient US economy, hawkish Fed are likely to keep pressure on yields,...
Japan’s top currency diplomat Masato Kanda is back on the wires on Monday, unwilling to comment again on whether there was FX intervention. Additional comments “Will...
NZD/USD attracts fresh buyers on Monday and advances to over a two-week high. A positive risk tone undermines the Greenback and benefits the risk-sensitive Kiwi. Hawkish...
The Greenback transited another week where data releases and expectations of interest rate cuts by the Federal Reserve remained at the centre of the debate. On...
GBP/JPY continues to grind into multi-year highs. Japanese Yen continues to erode across the board. BoJ reaffirms monetary policy stance, markets pummel JPY. GBP/JPY touched chart...
Here is what you need to know on Friday, April 26: The Japanese Yen (JPY) stays under bearish pressure and trades at its weakest level in...
AUD/USD steady after a 0.33% gain Thursday, spurred by US GDP and rising inflation. Market now expects the first Fed rate cut in November, not September,...
US Q1 GDP reveals reduced expansion at 1.6% YoY. On the positive side, weekly Jobless Claims come in strong. Friday’s PCE data from March will dictate...
Here is what you need to know on Thursday, April 25: The US Dollar (USD) stays under modest selling pressure on Thursday as investors gear up...
Japan’s Chief Cabinet Secretary Yishimasa Hayashi said on Thursday that he “won’t comment on forex levels or forex intervention” but he “will be ready to take full...
US Dollar rally is likely to continue, fueled by resilient US economy and higher US Treasury yields. Durable Goods Orders from March were solid. Hawkish bets...
Analysts at Rabobank share their short-term outlook for AUD/USD. Fed is likely to start cutting rates in September “Measured on a 5-day view, the AUD is...
USD/CAD rebounds from a two-week low and draws support from a combination of factors. Weaker Oil prices undermine the Loonie and act as a tailwind amid...
Here is what you need to know on Wednesday, April 24: After weakening against its major rivals in the American session on Tuesday, the US Dollar...
FX option expiries for Apr 24 NY cut at 10:00 Eastern Time, via DTCC, can be found below – EUR/USD: EUR amounts 1.0550 565m 1.0575 400m 1.0600 440m 1.0610...
NZD/USD gains positive traction for the third straight day amid a softer USD. Tuesday’s disappointing US PMIs and a positive risk tone undermine the buck. Reduced...
The daily RSI signals growing buying momentum for the EUR/JPY. The daily MACD also shows a strengthening buying momentum. On the hourly chart, the same indicators...