Russia announced it might cut oil output early in January. US markets are due to close earlier on Friday amid the Christmas holidays. WTI retreated modestly...
The Senate has approved a $1.7 trillion government funding bill and legislation is on its way to the House, ahead of the Friday night deadline to...
EUR/USD is bouncing from near 1.0600 amid a fresh spurt of US Dollar selling. Investors cheer a ‘Santa rally’ while EUR/USD also cheers falling Treasury yields....
US Dollar Index remains sidelined after snapping two-day downtrend. Firmer US data, challenges to sentiment underpin DXY rebound. Pullback in Treasury bond yields, holiday mood restrict...
The Fed’s preferred inflation gauge, the Core Personal Consumption Expenditure (Core PCE), will be published on Friday, December 23 at 13:30 GMT and as we get...
US Dollar Index grinds lower after bouncing off weekly bottom. DXY struggles as United States Treasury bond yields stay firmer but yield curve inversion recedes. US...
The US Dollar Index sees near short-term key support after falling most in a week. Nearly oversold RSI, sluggish MACD signals also challenge DXY bears. Bearish...
Gold price is making tracks to the upside despite the Bank of Japan’s surprise relaxation on the yield of its 10-year bonds (JGBs). The US Dollar...
NZD/USD is taking out a key level and printing fresh lows within a bearish schematic. Should the bulls move in now, then there will be prospects...
GBP/USD rises for the first time in three straight days on Monday. Broad US Dollar weakness underpins Cable despite Fed-BoE policy divergence. Pound Sterling bulls stay...
Reuters reported on Friday that the US Senate stopgap government funding bill secures enough votes to pass. The US Senate will now send the bill to...
USD/CNH is inches away from surpassing the immediate resistance of 0.6950 as the Chinese Retail Sales contracted further. Chinese annual Retail Sales data (Nov) has contracted...
Wall Street buckles on a hawkish hike but US stocks are supported. The S&P 500 index is retesting the W-formation’s neckline and potential support at a...
The US Dollar is back on its backside following a mixed reaction to the Fed event. Two-way price action was the outcome in financial asset classes...
Gold price has dropped on the Federal Reserve statement and interest rate decision. Fed hikes rates with a hawkish statement by 50 basis points, as expected,...
US Dollar Index bounces off six-month low, stays inside falling wedge bullish chart pattern. Oversold RSI, multiple hurdles to the south also keep buyers hopeful. 61.8%...
AUD/USD has slipped further to near 0.6820 ahead of Fed’s policy meeting. The FOMC is expected to hike its interest rate by 50 bps on a...
USD/JPY remains under pressure on the front side of the trendline resistance. The US Dollar consolidates the US CPI data losses ahead of the Fed. USD/JPY...
The Gold price is making fresh bull cycle highs after the United States Consumer Price Index miss. The United States Federal Reserve interest rate announcement will...
The US Dollar plummets following the release of US inflation data. The Mexican Peso has the best day in months versus the US Dollar. USD/MXN back...