US S&P PMI figures from April came in softer than expected and made markets dump the USD. Hawkish bets and high US Treasury yields may limit...
Increasing appetite for the risk-linked space weighed further on the US Dollar, while disheartening US PMIs also kept the currency depressed. So far, the ECB is...
The Japanese Yen draws some support from the possibility of a government intervention. The divergent BoJ-Fed expectations and easing Middle East tensions cap the safe-haven JPY....
The NZD/JPY’s daily RSI reveals a transition towards positive territory, indicating a growing buying momentum. Both daily and hourly MACD portray a neutral scenario with their...
US Dollar Index shows steady momentum, holds above 106.00. Investors will eye bond auctions in the US as increased supply may fuel a hike in US...
AUD/JPY climbs sharply, approaching the key psychological level of 100.00, buoyed by renewed optimism in global markets. Technical analysis highlights potential resistance at the year-to-date high...
The US Dollar maintains a bid tone and is testing 154.78 high. The Yen remains weighed by interest rate differentials between the Fed and the BoJ....
The Euro bounced up strongly after Friday’s reversal, but it has stalled below the 0.9730 – 40 area. Weak eurozone Consumer Confidence data has eroded confidence in...
GBP/USD attracts some dip-buyers on Monday amid a softer USD, though lacks follow-through. Easing geopolitical tensions boosts investors’ confidence and undermines the safe-haven buck. Reduced Fed...
Another week dominated by bets regarding the most-likely timing of the Fed’s start of the easing cycle saw the US Dollar rise to new highs, while...
The US Dollar pares previous losses and returns to levels right below 0.9100 A doji candle in the weekly chart and the bearish divergence on intra-day...
The Euro remains contained above 1.0600 support yet with bullish attempts capped below 1.0690 The broader bias remains unchanged, with the pair on a bearish trend...
Canadian Dollar extends recovery in calm Friday trading session. Iran has downplayed the alleged drone attack from Israel, which has eased risk aversion. USD/CAD is testing...
Flattening indicators on the daily chart may signal a period of consolidation. The flat RSI slope and falling MACD bars on the hourly chart translate into...
The daily chart of the NZD/JPY indicates a weakening momentum, with RSI and MACD signifying rising selling pressure. The NZD/JPY plunged below the crucial short-term 20-day...
GBP/JPY drops 0.56%, as rising Israel-Iran tensions drive safe-haven flows to the Yen. Though lower, the pair stays bullish above the Ichimoku Cloud, with recovery possible...
The daily RSI for the NZD/USD reveals growing selling pressure, nearing oversold conditions. The hourly indicators also remain weak. The pair will close a 0.80% losing...
DXY Index demonstrates slight losses yet sustains near early November highs. The downward movements may be seen as buyers running out of momentum. Hawkish bets on...
AUD/USD falls following hawkish signals from Fed officials, emphasizing no immediate rate cuts. US economic indicators strengthen, with the Philadelphia Fed Manufacturing Index hitting a new...
Further hawkish comments from Fed speakers lent extra legs to the Greenback and sparked a decent bounce in US yields, while the ECB’s officials continued to...