The RSI on the daily chart lies deep in negative terrain. Inidicators on the hourly chart are showing a slight improvement. The 20 and 100-day SMAs...
Canadian Dollar keeps losing ground as US data beats expectations. Strong US economic outlook, tight labour market put Fed easing hopes into question. Fed Mester hints...
NZD/USD remains on the defensive near its lowest level since November amid a bullish USD. Reduced bets for a June Fed rate cut and the risk-off...
Significant selling momentum is revealed in the daily chart as the RSI slips into negative zones while MACD signifies growing negative traction. In line with the...
DXY Index stands positively at 104.95, reflecting a noticeable gain for the day. Investors focus on incoming data amidst speculation of an easing cycle commencing in...
The Aussie extends losses against a stronger USD as US data beats expectations. The US manufacturing sector expands with the prices sub index at recent...
Here is what you need to know on Monday, April 1: Although the action in foreign exchange markets remain subdued on Easter Monday, Gold gathers bullish...
USD/CAD drops to over a one-week low and is pressured by a combination of factors. Bullish Oil prices underpin the Loonie and weigh on the pair...
AUD/USD stands still with the market awaiting the US Core PCE inflation figures and personal spending insights. Forecasts suggest a slight slowdown in Core PCE inflation...
USD/MXN falls to 16.57, as the latest US inflation report met forecasts, offering no new impetus for market shifts. Fed officials, including Governor Waller, signal a...
US February’s PCE figures largely met expectations. Next week, the focus will be on Nonfarm payrolls for markets to continue placing their bets on the next...
GBP/JPY hovers around 191.00, with trading subdued due to the Easter holiday. Technical indicators show potential for movement, with key levels at 191.57 and 190.74, marking...
The daily chart reveals slightly bullish momentum, with RSI at 52, signifying resilient buying traction. Indicators in the hourly chart denote a mild downward trend, which...
The US PCE Price Index, rose to 2.5% YoY and 0.3% MoM in February, in line with market expectations. The core PCE also met expectations. With...
GBP/JPY hovers around 191.00, reflecting market caution ahead of Japanese unemployment and industrial production updates. Wall Street ends Q1 on a mixed note, with UK’s recession...
RBNZ Governor Orr was seen dovish, which seems to be applying pressure to the NZD. GDP and Initial Jobless Claims cushion the USD. Weak Chicago PMI figures...
Canadian Dollar is regaining lost ground after upbeat Canadian GDP data. US Dollar looks weak despite good US Jobless claims, upward revision of Q4 GDP....
Canadian Dollar is practically flat on the daily chart with the USD ready near recent highs.. BoC Rogers’ warnings about the country’s low productivity have...
Canadian Dollar is practically flat on the daily chart with the USD ready near recent highs.. BoC Rogers’ warnings about the country’s low productivity have...
The NZD/JPY trades neutral after getting rejected by the 20-day SMA. The daily chart shows that the RSI reveals weak buying traction. The hourly chart also...