Share: Bets on the potential timing of interest rate cuts by the Federal Reserve ruled the sentiment once again in the FX galaxy this week. However,...
Share: The USD/NOK is presently trading higher at 10.53, marking a 0.32% increase during Friday’s session. The US Dollar stands firm as Fed officials show caution...
Share: EUR/JPY finishes week with a 0.66% gain, reflecting persistent JPY softness against a backdrop of economic data. Technical analysis shows YTD high at 163.21, with...
Share: The DXY exhibits mild daily gains in Friday’s session. The Federal Reserve’s measured approach alongside a robust labor market reduces expectations of rate cuts. The...
Share: Here is what you need to know on Friday, February 23: After dropping to its weakest level in three weeks, the US Dollar (USD) Index...
Share: AUD/USD modestly up at 0.6559, after peaking at 0.6595, with technical levels influencing movement. Solid US job data and economic expansion hints keep Fed rate...
Share: Another solid print from the weekly report of the US labour market lent extra support to the Fed’s tighter-for-longer narrative, although the move in the...
Share: Japanese Finance Minister Shunichi Suzuki said on Thursday that he is “closely watching FX moves with a high sense of urgency.” Additional takeaways FX rates...
Share: The US Dollar Index shows some weakness ahead of FOMC Minutes from the January meeting with a slight decline to 104.00. The Fed’s intention to...
Share: The USD Index (DXY) struggles to lure buyers amid bets for a Fed rate cut by mid-2024. Elevated US bond yields and a softer risk...
Share: The DXY index shows weakness as the US returns from holiday, trading modestly lower. No relevant reports were released during the session, while markets await...
Share: Here is what you need to know on Tuesday, February 20: Financial markets remain relatively quiet following Monday’s subdued action. Bank of England (BoE) Governor...
Share: The DXY Index is mildly up on Monday’s session. No relevant data was released during the session and American traders celebrate Presidents’ Day. The FOMC...
Share: Here is what you need to know on Monday, February 19: Major currency pairs trade near the previous week’s closing levels early Monday. The economic...
Share: Another week where bets on the potential timing of interest rate cuts by the Federal Reserve dominated the headlines in the FX universe. Against that...
Share: USD/COP traded between 3,900 and 4,000 during January. Economists at Scotiabank analyze the pair’s outlook. COP to depreciate a bit to USD/COP 4,100 range A...
Share: The DXY Index recorded losses in Thursday’s session, falling toward 104.40. Retail Sales from January declined higher than expected. Weekly Initial Jobless Claims came in...
Share: AUD/USD climbs 0.55%, finding support in lower US Treasury yields and increased risk appetite, trading near 0.6490. Fed’s Goolsbee hints at inflation path aligning with...
Share: Canadian Dollar sees thin action in quiet midweek market. Canada brings strictly low-impact data for the rest of the week. CAD recovery supported by Crude...
Share: The DXY Index recorded losses in Wednesday’s session, falling toward 104.70. Investors are taking profits from Tuesday’s rally following CPI. Focus now shifts to Retail...