Share: EUR/USD trades neutral at the 1.0725 level, with mild gains. US and German yields are sharply rising, contributing to the strength of both currencies. The...
Share: AUD/USD traded in the 0.6360 – 0.6400 range on Wednesday. USD gained momentum after ISM Service PMIs and the Fed’s Beige Book releases. The odds of...
Share: USD/CHF rose to monthly highs since July, towards 0.8920. ISM Services PMI from the US rose sharply in August. Hawkish bets on the Fed and...
Share: The NZD/USD cleared daily gains and retreated to 0.5870. The US ISM Services PMI unexpectedly accelerated in August and shows a resilient US economy. Attention...
Share: USD/JPY recovers ground after the US ISM Non-Manufacturing PMI for August beats expectations, coming in at 54.5 versus the anticipated 52.5. US Treasury bond yields...
Share: EUR/JPY cross attracts some dip-buying in reaction to hawkish remarks by ECB’s Knot. Intervention fears, along with the cautious mood, benefit the JPY and cap...
Share: USD/TRY picks up bids to refresh two-week high, consolidating late August slump. US Dollar Index (DXY) retreats from multi-day high amid market’s preparations for this...
Share: AUD/USD stages a modest recovery from the YTD trough, albeit lacks follow-through. A slightly better Australian GDP lends support to the pair amid subdued USD...
Share: Important economic events for the day include the release of Australia’s Q2 GDP numbers. German Factory Orders and Eurozone Retail Sales data are due. The...
Share: EUR/JPY bears are presenting a battle to the bulls at the 20-day SMA, with the buyers struggling to consolidate above. The daily chart flashes bullish...
Share: EUR/USD pair fell to 1.0726, down 0.63%, as the Eurozone Producer Price Index and PMI data weakened than expected, signaling a slowing economy. Despite a...
Share: USD/JPY pair reaches a 10-month high of 147.70, driven by risk aversion and a surge in US 10-year Treasury bond yields to 4.261%. Despite positive...
Share: DXY accelerates gains to multi-week highs past 104.80. Further gains could see the 105.00 barrier revisited. DXY rapidly leaves behind Monday’s small downtick and resumes...
Share: Further consolidation still remains in store for NZD/USD for the time being, note UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang....
Share: The Euro resumes its decline vs. the US Dollar. Stocks in Europe open Tuesday’s session in the red. EUR/USD challenges the 1.0750 region, or multi-week...
Share: FX option expiries for Sept 5 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.0695 450m 1.0725 350m 1.0840...
Share: UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang suggest further downside could drag EUR/USD to the 1.0720 region in the next...
Share: USD/TRY extends its consolidative price move and remains confined in a range. The technical setup supports prospects for some meaningful appreciating move. A break below...
Share: USD/CHF picks up bids to refresh intraday high, reverses the previous day’s pullback from one-week high. Softer Swiss GDP growth contrasts with upbeat US NFP,...
Share: EUR/USD fades week-start rebound as full markets return. ECB’s Lagarde, Bundesbank President Nagel fail to impress policy hawks despite defending restrictive measures. Mixed concerns about...