Share: GBP/USD has shown recovery from 1.2330 however, the downside bias seems solid. Investors are entirely focusing on the US debt-ceiling issues rather than dovish cues...
Share: EUR/USD has refreshed its four-week low at 1.0740 as the USD Index has shown significant strength amid a cautious market mood. Federal Reserve policymakers advocated...
Share: Gold price is attempting to move lower into support following FOMC minutes. Fed minutes show officials split on support for more hikes. The Golden price...
Share: USD/ZAR is looking to extend its downside built after printing an all-time high of 19.52. The US Dollar Index has shifted below the crucial support...
Share: USD/JPY has turned quiet around 138.60 amid a lack of clarity over further action after a delay in the US debt-ceiling raise. The US Dollar...
Share: US Dollar Index remains sidelined after refreshing two-month high. Hawkish Fed bets, risk-off mood allows DXY to remain firmer despite pullback in yields. Upbeat US...
Share: USD/JPY is in the hands of the bears that eye a break of trendline support. Below trendline support, the 138.20s and then the 137.70s will...
Share: DXY adds to Monday’s advance and retests the 103.60 zone. Additional gains from here target the key 200-day SMA near 105.70. DXY extends Monday’s auspicious...
Share: US Dollar gains some ground further into the European session after its start in the Asian start on Tuesday. US debt-ceiling talks and geopolitical tensions...
Share: Gold price has slipped sharply below $1,970.00 as the Fed’s policy-tightening intension could delay but is far from over. Monday’s Biden-McCarthy meeting concluded without an...
Share: USD/JPY has slipped sharply below 138.50 following weak cues from the US Dollar Index. The USD Index has faced immense pressure as US debt-ceiling talks...
Share: DXY extends further the corrective pullback and retests 103.00. The resumption of the uptrend could revisit the 200-day SMA. DXY appears to have met a...
Share: US President Joe Biden said early Monday that his discussion with House Speaker Kevin McCarthy “went well.” “We’ll talk again Monday,” Biden added. Market response...
Share: Here is what you need to know for next week: The US Dollar Index (DXY) rose for the second consecutive week despite improving market sentiment....
Share: WTI bulls move in for the kill from support. The $72s are on the bulls radar. WTI is trying to correct but remains down on...
Share: DXY’s strong upside meets resistance near 103.60 on Friday. The key 200-day SMA emerges as the next hurdle near 105.80. The solid weekly performance of...
Share: Federal Reserve Chairman Jerome Powell said on Friday that inflation is far above the objective and that high inflation poses significant hardships. Powell emphasized the...
Share: Treasury Secretary Janet Yellen told bank CEOs that more bank mergers may be necessary, CNN reported. The comments triggered risk aversion and weighed on the...
Share: Here is what you need to know on Friday, May 19: Risk remains tepid at the start of the European session, as the Asian equities...
Share: US Dollar Index bulls take a breather at multi-day top after three-day uptrend. Hawkish Fed bets, hopes of no US default underpin US Treasury bond...