Share: GBP/USD lacks any follow-through buying and oscillates in a range on Wednesday. Delayed BoE rate cut bets underpin the GBP and lend support amid a...
Share: The daily chart indicators suggest that overall selling pressure remains steady despite daily gains. On the hourly chart, indicators send mixed signals. The pair defending...
Share: Core and Headline CPI rose higher than expected in February. Despite higher inflation, weak labor market data reported last Friday would seem to limit the...
Share: Here is what you need to know on Tuesday, March 12: The action in financial markets remain relatively slow in the European morning on Tuesday....
Share: NZD/USD regains positive traction on Tuesday and is supported by subdued USD demand. Bets for a June Fed rate cut and a positive risk tone...
Share: USD/JPY remains just shy of 147.00 following last week’s declines. Japan’s Q4 GDP print early Monday missed the mark. US CPI inflation is expected to...
Share: The daily chart indicates a supremacy of sellers, as depicted by the RSI’s continuation below 50 and a growing MACD negative momentum. Small signs of...
Share: Following the release of February’s NFP, the US Dollar regained some fresh upside traction and lifted the USD Index (DXY) from recent multi-week lows, while...
Share: Investors await US inflation data to shape their expectation of easing cycle pace. The consensus sees the easing cycle initiation from June after mixed NFP...
Share: AUD/USD kicks off the new week on a weaker note in reaction to mixed Chinese inflation figures. A softer risk tone also undermines the Aussie,...
Share: Here is what you need to know on Monday, March 11: The US Dollar (USD) stays quiet early Monday after having suffered large losses against...
Share: FX option expiries for Mar 11 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.0800 1.6b 1.0840 1b 1.0900 1.2b...
Share: The hourly chart portrays the RSI in the oversold territory, signaling a potential short-term rebound. On a broader perspective, the AUD/JPY remains above the main...
Share: Indications from the daily chart imply a dominance by sellers for the short term. The same indicators on the hourly chart also imply a bearish...
Share: GBP/JPY’s descent under the 190.00 mark aligns with a broader downward trend, eyeing further technical levels. A pivotal close below the February 29 low could...
Share: EUR/JPY falls to 160.86, reacting to rumors of Bank of Japan possibly ending negative interest rates. Technical analysis indicates potential for further pullback if pair...
Share: A dreadful week for the Greenback ended with the USD Index (DXY) retreating to two-month lows near 102.30 as investors continued to price in a...
Share: Nonfarm Payrolls data reported by the US Bureau of Labor Statistics came in higher than expected. Average Hourly Earnings for February unveiled a lower figure...
Share: Australian Dollar rises and marks its third consecutive day of gains. US Nonfarm Payrolls outperform expectations at 275K, but rising unemployment and lower wage growth...
Share: Here is what you need to know on Friday, March 8: The US Dollar suffered large losses against its major rivals for the second consecutive...