The Pound Sterling is expected to remain under pressure on lower-than-anticipated UK CPI data for February. Soft UK inflation reinforces market expectations for the BoE to...
EUR/GBP gains some positive traction on Wednesday, albeit lacks follow-through. The immediate market reaction to the softer UK inflation figures fade rather quickly. Traders keenly await...
NZD/USD falls to 0.6040 as dismal market sentiment dampens the appeal of risky assets. The US Dollar consolidates ahead of the Fed’s policy meeting. The NZ...
The positive outlook on the daily chart improved but bulls aren’t yet in command. the RSI was seen above 70 in recent hours, which may lead...
US Housing Starts and Building Permits from February beat expectations. All eyes are now on the Fed’s updated Dot Plot on Wednesday, an interest rate pause...
The EUR/JPY rallied in Tuesday’s session, seeing more than 1% gains. The daily RSI reveals growing buying momentum, deep in positive territory. The hourly chart hints...
AUD/JPY retreats from over a one-week high after the RBA and the BoJ announced their decisions. The RBA decided to keep the benchmark rates unchanged for...
The AUD/JPY gave up daily gains and struggled to make a decisive upward movement. The hourly chart signals a shift to short-term bearish traction, with a...
The US Dollar started the week in a positive fashion on the back of further upside in US yields and shrinking bets on an interest rate...
The DXY started the week with mild gains. All eyes are set on Wednesday’s FOMC meeting. No relevant reports were released on Monday. The US Dollar...
The pair met strong resistance at the 20-day SMA, which in case of conquering it, will confirm a bullish bias. The daily chart indicators suggest a...
GBP/JPY rises buoyed by uncertainty over BoJ’s interest rate stance, marking a weekly gain. Recovery from near the 50-day DMA suggests bullish momentum, with eyes on...
On the daily chart, sellers remain in control despite the improvement of the RSI and MACD. While the daily chart emits bearish signals, the hourly indicators...
The Greenback gears up to hold onto a 0.7% weekly gain. Sentiment data from the University of Michigan came in weak. On the bright side, Industrial...
The daily RSI shows a rise in selling traction, supported by the MACD depicting growing red bars. The hourly RSI indicates oversold conditions, signaling a potential pullback...
FX option expiries for Mar 14 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.0775 1.3b 1.0900 908m 1.0940 1.2b –...
Bulls failed to maintain their momentum and gave up daily gains. The daily RSI remains in negative zone, underscoring the current bearish momentum. On the hourly chart,...
GBP/JPY cycled 189.00 on thin data as investors await rate moves. Markets await further detail from BoJ after spring wage negotiations. Mid-tier UK Consumer Inflation Expectations...
Share: Pound Sterling stubbornly stuck to Wednesday’s opening range. A smattering of UK data sparked some volatility, but little movement. US Retail Sales and PPE figures...
Share: Mexican Peso strengthens to a YTD high amid light US economic data. Banxico Deputy Governor hints at possible rate cuts despite maintaining a restrictive policy...