Share: NZD/USD regains positive traction on Monday and is supported by subdued USD price action. The upbeat market mood undermines the safe-haven buck and benefits the...
Share: Monday is a holiday in the United States and Canada. Later in the week, the Reserve Bank of Australia and the Bank of Canada will...
Share: NZD/USD peaked at a daily high of 0.6015 and then plummeted to 0.5940. US NFPs from August showed a mixed picture, while the Manufacturing PMIs...
Share: Bullish-engulfing candlestick pattern on the daily chart suggests buyers are in control. The first major resistance at 1.3600, followed by several key levels up to...
Share: The Canadian economy unexpectedly contracted during the second quarter. The Loonie tumbles across the board after Canadian GDP data. USD/CAD jumps towards 1.3550 despite broad-based...
Share: EUR/USD fades Thursday’s downtick and approaches 1.0900. Immediate up-barrier remains near 1.0950 so far. EUR/USD manages to set aside part of Thursday’s sharp pullback and...
Share: AUD/USD turns lower for the sixth straight day and slides back closer to the YTD low. China’s economic woes continue to exert pressure on the...
Share: NZD/USD trades with losses below 0.6000, its lowest in nine months. China reported weak Retail Sales and Industrial Production data from July. American Retail Sales from...
Share: EUR/GBP slips past 50 and 20-day EMAs, reflecting increased bearish sentiment, trading 0.14% below the opening. EUR/GBP’s breaking daily EMAs and one-month-old support trendline, deeper...
Share: USD/JPY trades neutral at the 145.55 area after hitting a low of 145.10. US Retail Sales came in strong, and the markets bet on a hike...
Share: The Reserve Bank of New Zealand will announce its decision on monetary policy. The UK inflation report is due. The Eurozone will release GDP, employment,...
Share: The pair is about to reach overbought conditions, trading around the 1.3500 zone, showing more than 0.30% of daily gains. Canadian’s CPI came in higher...
Share: The index gives away some gains around the 103.10 region. US yields recede from recent tops on Wednesday. FOMC Minutes, housing data take centre stage...
Share: The US Dollar came under modest selling pressure on Wednesday. The US Dollar Index stabilizes above 103.00 following a four-day winning streak. US Federal Reserve...
Share: NZD/USD rose to a high of near 0.6000 but settled near 0.5950. RBNZ held rates steady at 5.5% as expected but sounded hawkish. Investors await...
Share: US Housing Starts for July show positive momentum, indicating stabilization in the housing market post-Fed tightening. USD/MXN remains subdued despite the Greenback’s rise, with the...
Share: Fed officials emphasize commitment to achieving the 2% inflation objective, with many seeing the need for further tightening. A split emerges among policymakers, with some...
Share: Fed officials unanimously aim for the 2% inflation target, but divisions arise on the next steps. The US Dollar Index (DXY) reflects the greenback’s strength,...
Share: During the Asian session, a key report to watch will be the Australian employment report. Additionally, wholesale inflation data will be released in New Zealand...
Share: GBP/JPY rose to a daily high near 186.20, displaying nearly 0.70% gains. GBP traded strongly against most of its rivals following hot inflation figures from...