April’s US Producer Price Index prints higher monthly reading than expected. Fed Chair Jerome Powell signals strong US economic outlook, which may delay interest rate cuts....
The US Dollar consolidates in a very narrow range. The economic calendar picks up with US PPI and Fed speakers. The US Dollar Index retreats and...
USD/JPY rises to 156.50 with eyes on crucial US inflation readings. Investors expect that the fed will start lowering interest rates from September. Japan’s Q1 GDP...
The Greenback kicked off the week on the back foot amidst the generalized better tone in the appetite for the risk-related assets. Easing inflation figures in...
DXY Index exhibits mild losses at 105.35, indicating a modest bearish trend. Market attention is centered on conservative Fed comments and April inflation expectations that could...
The Japanese Yen drops further as investors remain uncertain about BoJ extending the policy normalization process. Japan’s economy is estimated to have contracted by 0.4% in...
The US Dollar consolidates on Monday after whipsaw moves last week. The economic calendar is quiet on Monday ahead of a busy week ahead. The US...
Notable monetary divergence between Fed, G10 peers keeps USD afloat. Markets await further economic reports for insights into the US economy’s health for potential adjustments to Fed...
Consumer confidence in the United States contracted by more than anticipated in May. UoM survey showed one-year and five-year inflation expectations edged higher. Consumer confidence in...
On Friday, Dallas Federal Reserve President Lorie Logan remarked that there are “uncertainties” regarding whether monetary policy is adequately restrictive to lower inflation to the Fed’s target,...
The Greenback saw a decent recovery during this week, against the backdrop of the generalized erratic performance in the FX space, the continuation of the monetary...
USD/CAD drops sharply to 1.3700 due to multiple headwinds. A significant fall in the US Dollar and higher Oil prices weigh on the Lonnie asset. The...
EUR/USD delivers a sharp recovery to 1.0750 as the US Dollar slumps despite Fed’s hawkish interest-rate guidance. Fed’s Collins joins Kashkari to support keeping interest rates steady for...
The Pound Sterling skids below 1.2500 ahead of the Bank of England’s decision. Investors expect that the BoE could provide a concrete timeframe for rate cuts....
NZD/USD faces selling pressure above 0.6000 as US Dollar recovers. Fed Kashkari doesn’t see interest rate cuts this year. Investors see the RBNZ reducing interest rates...
The US Dollar outperforms against most major Asian peers on Wednesday. Traders are gearing up for back-to-back Fed speakers lined up. The US Dollar Index trades...
The Greenback traded with decent gains against the backdrop of a generalized consolidative phase in the global markets, as the FX universe slowly shifted its attention...
The US Dollar trades in the green though starts to ease again at the start of the US session. Traders are sending Greenback higher on a...
Market interpretation of Powell’s words indicates caution due to unpredictability of inflation trajectory. Friday’s Nonfarm Payrolls report showed a slowdown in annual wage inflation, fuelling predictions...
The US Dollar heads back to flat after taking a step back earlier. The Greenback gave up its earlier gains against the Chinese Yuan and the Japanese...