USD/JPY falls further to 142.50 on multiple headwinds. Japan Ishiba’s victory in PM elections has strengthened the Japanese Yen. Cooling US inflationary pressures have weighed on the...
Inflation in the US, as measured by the headline Personal Consumption Expenditures (PCE) Price Index, rose by 2.2% year-over-year in August, according to a report from the...
Durable Goods Orders remained almost flat in August. US GDP grew at an annual rate of 3.0% in the second quarter of 2024. Initial Jobless Claims...
The Pound Sterling recovers to near 1.3400 against the US Dollar as investors expect the Fed to cut interest rates by 50 bps in November. Investors...
EUR/USD moves higher after correcting to near 1.1120 as the US Dollar struggles to extend recovery. Fed Chairman Jerome Powell didn’t talk about monetary policy in...
The US Dollar bounces back into September’s range and holds near yearly lows on Thursday. Besides a big slew of data, a bunch of Fed speakers...
Market continues to overestimate Fed easing with the central bank pushing back against dovish expectations. Economic data remains solid as S&P Global preliminary September PMIs come...
The Greenback staged a robust comeback after flirting with 14-month lows, prompting quite a meaningful knee-jerk in the risk complex ahead of key data releases and...
The US Dollar bounces off this year’s low for now. Recession fears could pick up Thursday when US GDP would ease further. The US Dollar Index...
AUD/USD struggles to extend its upside above 0.6900, while its upside remains firm. The Australian Dollar remains firm as the RBA is expected to keep interest...
EUR/USD rises slightly above 1.1200 as the Euro gains despite deepening worries over Eurozone economic growth. The ECB is expected to cut interest rates once in...
The US Dollar Index softens around 100.35 in Wednesday’s early European session. The negative outlook of the index prevails below the key 100-day EMA, with the bearish...
DXY gave up some ground and fell to 100.60. Conference Board consumer confidence data for September missed expectations. Fed speakers are battling the current market’s dovish...
The Pound Sterling moves higher to near 1.3380 against the US Dollar on expectations of BoE’s shallow policy-easing cycle. UK’s overall business activity grew at a...
USD/CHF adds nominal gains as the Swiss Franc is weighed down by uncertainty ahead of the SNB’s policy decision. The SNB is expected to cut interest...
Here is what you need to know on Tuesday, September 24: Risk flows seem to have returned in Tuesday’s trading, as investors cheer China’s stimulus announcement...
US Dollar holds its ground on Monday, rising despite softer PMI data. Market prices in 75 bps of Fed easing by year-end. Fed’s Goolsbee pledged for...
The US Dollar trades in the green at the start of the US trading session. European PMIs collapsed in September, while US PMI’s are holding up...
The US Dollar (USD) is firmer overall on the session but has nudged off its earlier highs against its major currency peers, Scotiabank’s Chief FX Strategist...
AUD/USD strengthens above 0.6800 with RBA policy on the horizon. The RBA is expected to leave interest rates unchanged on Tuesday. The US Dollar recovers amid...