The Philly Fed Manufacturing Index improved modestly in January. The US Dollar fails to gain any respite and remains depressed. The Federal Reserve Bank of Philadelphia’s...
Retail sales in the US declined more-than-expected, by 0.8% in December. The US Dollar Index remains heavily offered near a multi-month low after the data. Retail...
The index extends the range bound theme around 102.30. US markets return to normal activity following Monday’s holiday. NY Empire State index, short-term auctions, Fedspeak next...
Gold price is marching towards $1,920.00 as the risk-off impulse is fading away. A volatile action is expected from the US Dollar Index as the US...
NZD/USD is flat into the early close on Wall Street. Kiwi traders will look to the Q4 NZIER QSBO survey. NZD/USD traveled between a low of...
USD/JPY has sensed buying interest after dropping to near 127.20. The USD Index has recovered to near 101.60 despite the upbeat market mood. Downward-sloping 20- and...
USD/JPY is at fresh eight-month lows, 127.00 appears at risk. Japanese yen rallies on potentially hawkish BoJ action, as yields policy stutters. US holiday-induced thin trading...
USD/JPY bears depending on central bank sentiments. USD/JPY is pressured below trendline resistance and bears eye 126.55. Bulls are looking for a correction to give bears...
The formation of a spring has pushed the asset inside the woods. A stretched consolidation after a bearish bias indicates inventory accumulation for a bullish reversal....
Gold price is looking to extend gains above $1,920.00 decisively amid weakness in the US Dollar Index (DXY). The Fed is expected to scale down the...
The index reverses part of the recent acute sell-off. US yields remain directionless across the curve on Friday. Flash Michigan Consumer Sentiment will be next on...
EUR/USD has slipped marginally to near 1.0860 as the strength of the risk-on mood has eased. Fed bostic has favored a 25 bps rate hike culture...
atlanta federal reserve bank president Raphael Bostic who said on Monday that it is “fair to say that the Fed is willing to overshoot,” is now...
NZD/USD bulls move in on the countrterndline and 0.64 the figiure. US CPI sends the US Dollar lower, supporting risk appetite and NZD. NZD/USD is ending...
EUR/USD bulls take on fresh bull cycle highs but bears are lurking. US CPI weakened the outlook for the US Dollar but a cohort of Fed...
St. Louis Federal Reserve leader James Bullard, following today’s Consumer Price Index Data that came in as expected on the whole, besides the one exception on...
The index extends the decline and challenges 103.00. US inflation figures are expected to have retreated further in December. US yields trade slightly on the defensive...
USD/JPY traders await the US CPI data for the next major scheduled catalyst. The price is coiled and an inverse daily head and shoulders could be...
Gold price has continued to trade sideways further around $1,880.00 as the focus has shifted to US inflation data. Only a stronger-than-expected US CPI would avoid...
NZD/USD bulls eye a test of resistance before Thursday’s CPI event that leaves the 0.6470s exposed. NZD/USD traders will be looking to the lower timeframes for...