Share: The DXY Index trades just below the 200-day SMA as bulls are struggling to hold their ground. Existing Home Sales from December were weak, while...
Share: AUD/USD gains 0.34% on positive sentiment, defying a negative housing market report impact. Neutral bias with an upside tilt; breach of 200-DMA at 0.6579 may...
Share: The Canadian Dollar loses ground as Canadian Retail Sales disappoint. Retail consumption declined 0.2% in November against market expectations of a flat reading. Longer-term, the...
Share: The Euro loses steam as German Producer Prices drop beyond expectations.In Japan, the soft inflation data is weighing on a sharper JPY recovery. EUR/JPY faces a significant...
Share: The EUR/GBP pair trades at 0.8584, recording a 0.30% gain, showcasing a pause in the bearish momentum. Weak Retail Sales figures from the UK from...
Share: The Euro remains flat above 1.0845 with the broader bearish trend intact. The strong US data seen this week has dampened hopes of Fed cuts,...
Share: Another positive set of results in US key indicators lent oxygen to the upside bias in the greenback and underpinned the tighter-for-longer narrative around the...
Share: The DXY Index trades above the 100-day SMA. Building Permits and Housing Starts from December beat expectations. Weekly Jobless Claims came in better than expected....
Share: Mexican Peso is stable against US Dollar as US jobs data improves, but housing paints mixed outlook. Drop in US unemployment claims indicates the economy...
Share: The Canadian Dollar is bouncing up after a five-day losing streak. A brighter market mood and a moderate rebound in Crude prices are supporting the...
Share: The Japanese Yen recovers a bit from a multi-week low touched against the USD on Wednesday. Expectations that the BoJ will stick to its dovish...
Share: DXY Index rises decisively, trading with gains around 103.50 level above the 100-day SMA. US Retail Sales in the last month of 2023 rose higher...
Share: The Euro has dropped to fresh multi-week lows at the 1.0850 area following US Retail Sales data. Dwindling hopes of Fed rate cuts and geopolitical...
Share: The US Dollar has reached fresh six-week highs at 148.00. The widening gap between US and Japanese bond yields, as the market pares back...
Share: EUR/USD attempts a modest recovery from over a one-month low touched on Tuesday. Mixed signals from ECB policymakers might hold back bulls from placing aggressive...
Share: The DXY Index rose near 103.40 but was rejected by the 100-day SMA. Fed’s Waller commented that the bank is within “striking distance of achieving sustainable...
Share: AUD/USD dips pressured by rising US Treasury yields and a robust 0.60% gain in the US Dollar Index (DXY). Deteriorating risk appetite and expectations of...
Share: The Sterling remains trapped within previous ranges with bullish momentum fading. Risk aversion and Weak UK employment figures are weighing on the GBP. In Japan,...
Share: The Euro extends its reversal as the safe-haven US Dollar appreciates. Cooling hopes of interest rate cuts and growing geopolitical risks have crushed investors’ appetite...
Share: Here is what you need to know on Tuesday, January 16: Risk aversion remains the main underlying theme so far this Tuesday, as investors assess...