Share: EUR/USD drifts lower for the second successive day and is weighed down by a stronger USD. The Fed’s hawkish outlook and the risk-off impulse, continue...
Share: USD/MXN eyes first weekly gain in five on Mexican central bank’s status quo. Banxico keeps the benchmark rate unchanged at 11.25%, as expected. Sustained trading...
Share: Gold price renews three-month low after five-day losing streak, pressured of late. Hawkish central bank actions amplify economic fears and underpin US Dollar demand, weighing...
Share: Gold price is meeting support and there is a focus on the upside ahead of key data. US PMIs are eyed for Friday as a...
Share: Jérôme PowellChairman of the Federal Reserve System (Fed), presents the Semi-Annual Monetary Policy Report and answers questions before the Senate Banking, House and Urban Affairs...
Share: Pound Sterling has stretched its recovery ahead of the Bank of England’s interest rate decision. Core inflation in the United Kingdom is moving in the...
Share: Gold price has turned topsy-turvy around $1,930.00 as investors get baffled about further interest rate policy by the Fed. Mixed commentary from Fed policymakers has...
Share: AUD/USD has sensed buying interest near 0.6760 as the short-lived pullback in the USD index is concluding. Dovish commentary from Fed policymakers has receded the...
Share: USD/CAD drops to its lowest level since September 2022 during the Asian session on Thursday. The overnight rally in Oil prices underpins the Loonie and...
Share: USD/JPY pulls back from a fresh YTD peak touched on Wednesday, albeit lacking follow-through. Powell’s less hawkish remarks keep the USD bulls on the defensive...
Share: Gold price remains defensive near the lowest level since March, jostles with three-week-old support. Federal Reserve Chairman Jerome Powell advocates for further rate hikes and...
Share: AUD/USD struggles to defend corrective bounce off one-week low. US Dollar remains pressured as Fed Chair Jerome Powell fails to offer any positive surprise to...
Share: Jerome Powell testimony in the US Congress will be a top-tier market moving event. New clues on the Federal Reserve interest rate hike path are...
Share: USD/CHF is consolidating below 0.9000 as the focus shifts to SNB policy and Powell’s testimony. US equities are expected to remain volatile as a continuation...
Share: USD/JPY has scaled strongly above 142.00 as the USD Index has remained firm. Investors are keenly focusing on whether Fed Powell will stick to its...
Share: GBP/USD picks up bids to pare weekly losses, the first in four, after upbeat British inflation data. UK CPI reprints 8.7% YoY for May versus...
Share: AUD/USD prints mild gains to pare the biggest daily loss in a month, snaps three-day losing streak. Rejection of monthly bullish channel keeps Aussie bears...
Share: NZD/USD remains confined in a narrow trading band through the Asian session on Wednesday. A modest USD strength, along with economic woes, act as a...
Share: EUR/USD takes offers to reverse late Tuesday’s corrective bounce amid four-day downtrend. Bullish chart formation, hawkish ECB clues challenge Euro sellers ahead of Fed Chair...
Share: USD/JPY finds support near the 100-hour SMA and stalls the overnight slide from the YTD top. The BoJ’s dovish stance continues to undermine the JPY...