The index fades part of the recent advance and revisits 106.30. The ADP report and another revision of Q3 GDP come next. Markets’ attention will also...
Oil prices are displaying sideways auctions ahead of Fed Powell’s speech. The US API has reported a drawdown in oil inventories for the third consecutive time....
Gold price is looking for an establishment above $1,750.00 amid the volatile US Dollar. Wednesday’s New York session will also release crucial economic catalysts apart from...
Here is what you need to know for Wednesday, November 30: Risk markets were touch and go as month end approached ahead of Fed Chairman Powell’s...
It was a volatile start to the week and the US sessions stayed with the theme. The US dollar edged up to 106.74 on Monday, recovering...
Reuters reported that the New York Federal Reserve Bank President John Williams said on Monday that he believes the Fed will need to raise rates to...
The index resumes the downtrend and revisits the 105.30 region. The loss of the 200-day SMA opens the door to additional losses. DXY comes under extra...
The index extends the recovery past the 106.00 hurdle. Higher US yields also prop up the upside momentum. The mood in the risk complex appears depressed...
DXY partly sets aside the recent sharp sell-off and regains 106.00. The 200-day SMA near 105.30 continues to emerge as a tough support. DXY finally regains...
EUR/USD is aiming to recapture Thursday’s high at 1.0445 as US yields extend losses further. A slowdown in an interest rate hike by the Fed could...
USD/INR is expected to display sheer losses as it has surrendered the critical support of 81.60. The 10-year US Treasury yields have dropped to near 3.66%...
The New Zealand Dollar hasn’t been impacted much despite Retail Sales data missing estimates. NZD/USD is hoping for a cushion around the 20-MA (High-Low) band. A...
China reported record-high Covid-19 infections on Thursday (Nov 24). Cities nationwide have imposed localized lockdowns which dampens the Outlook for the world’s second-largest economy. Meanwhile, the...
This could be the Euro’s final attempt while below 1.0450. A breach there, however, opens the risk of a move into the support quarter of the...
The index succumbs to the selling pressure and breaches 106.00. A deeper pullback opens the door to the November low near 105.30. DXY Keeps the downtrend...
AUD/USD is inching strongly towards the crucial hurdle of 0.6800 as US Dollar is facing immense selling pressure. The US Dollar is exposed to test a...
The asset has continued its two-day bullish momentum after surpassing Wednesday’s high at 1.0482. A confident establishment above the 200-EMA will strengthen the Euro bulls further....
Gold price has established firmly above $1,750.00 after consolidating around the 200-EMA. Markets could turn volatile as United States markets will remain closed on account of...
While downbeat prints of the US PMIs for November and the Federal Open Market Committee (FOMC) Meeting Minutes were mostly highlighted for the US dollar’s latest...
Gold bulls jump into action around a dovish FOMC minute. Spring holidays around the corner are holding up the bid. Gold had rallied to a high...