AUD/USD meets with a fresh supply on Friday and drops back closer to the weekly low. Weaker Chinese trade data undermine the Aussie amid strong follow-through...
Here is what you need to know on Friday, April 12: The US Dollar (USD) gathers strength against its major rivals in the European session on...
USD/CAD lacks firm intraday direction and consolidates below the YTD top set on Thursday. An uptick in Oil prices underpins the Loonie and caps the upside...
Canadian Dollar has pared losses on Thursday and is practically flat on the daily chart. Mixed US PPI figures and dovish Fed comments have eased risk...
EUR/JPY rallies over 50 pips from the daily low amid some repositioning ahead of the ECB. The BoJ’s dovish outlook continues to undermine the JPY and...
USD/MXN trades with a positive bias for the third straight day, albeit lacks follow-through. The technical setup supports prospects for the emergence of fresh selling at...
Here is what you need to know on Thursday, April 11: The US Dollar (USD) registered impressive gains against its rivals following the strong inflation data...
US headline and core CPI exceeded expectations, rising to 3.5% and 3.8% respectively in March. FOMC minutes from March highlighted uncertainty about the persistence of high...
An unexpected rise in the US CPI in March propelled the Greenback to yearly highs and kept the risk complex under renewed and strong downside pressure....
Canadian Dollar dives as US Dollar rallies after strong US CPI data. Bank of Canada keeps rates on hold but hints at rate cut, probably in...
Here is what you need to know on Wednesday, April 10: The US Dollar (USD) holds steady as markets eagerly await the Consumer Price Index (CPI)...
Canadian Dollar gives away gains with investors increasingly cautious ahead of US CPI release. From a wider perspective, CAD continues searching for direction within previous levels....
Sterling’s recovery falters at the 1.6680-1.6700 resistance area. An increasing risk aversion ahead of the US CPI release is supporting the USD. The broader trend...
The DXY Index is neutral at 104.12 and manages to clear daily losses. All eyes are set on Wednesday’s US CPI figures for March. The outcome...
EUR/GBP faces rejection near the 100-day SMA and snaps a seven-day winning streak. The better-than-expected BRC Like-For-Like Sales underpin the GBP and exert pressure. Bets for...
Here is what you need to know on Tuesday, April 9: Major currency pairs fluctuate in familiar ranges early Tuesday as investors move to sidelines while...
DXY Index is currently trading at 104.15 with mild losses. March’s CPI report is due on Wednesday, investors will monitor its outcome for more direction on...
GBP/JPY climbs past 192.00, buoyed by light economic data and upbeat sentiment. Resistance at 192.24, 192.50, with eyes on 193.00+. Defined support levels mark potential reversal...
Canadian Dollar picks up with the USD losing ground in a risk-on session. Investors are looking for the sidelines ahead of Wednesday’s US CPI and...
The Pound Sterling holds its rebound from seven-month lows against the US Dollar. GBP/USD stays cautious ahead of Wednesday’s US CPI inflation data. The Pound Sterling...