EUR/USD remains sidelined after taking a U-turn from the highest levels since late June. US Dollar struggles to extend the previous day’s rebound from five-month low....
Gold price bounces off one-month-old support line to pare the biggest daily loss in 10 weeks. US inflation expectations challenge hawkish hopes from the Federal Reserve....
AUD/USD has plunged below 0.6700 as the market mood has soured on upbeat US Services PMI data. A tight labor market and solid demand for services...
US ISM Services PMI Overview The Institute of Supply Management (ISM) will release the Non-Manufacturing Purchasing Managers’ Index (PMI) – also known as the ISM Services...
GBP/USD retreats a bit from a multi-month high, though lacks follow-through. The technical setup still favors bulls and supports prospects for further gains. A sustained break...
Gold price corrects from a five-month high amid a modest intraday US Dollar recovery move. Rebounding US Treasury bond yields revive USD demand and weigh on...
EUR/USD scales higher for the fourth successive day and climbs to a fresh multi-month high. Bets on smaller Fed rate hikes continue to weigh heavily on...
AUD/USD has been accelerated above 0.6850 amid a cheerful market mood. A third consecutive 75 bps rate hike is expected from the RBA. Fed’s Evans sees...
GBP/USD has refreshed its five-month high above 1.2340 and is expected to extend its rally amid a risk-on profile. After upbeat US NFP data, a better-than-projected...
Gold price is hovering around $1,800.00 as investors await US ISM Services PMI data. The upbeat US NFP data has failed to fade the odds of...
Gold price retreats sharply from a multi-month top in reaction to upbeat US jobs data. Rising US Treasury bond yields prompt aggressive US Dollar short-covering and...
The Pound Sterling nosedived to 1.2133 once the headline crossed the newswires. US November’s Nonfarm Payrolls crushed estimates, and wages rose. Traders focus on Chicago Fed...
US November’s Nonfarm Payrolls crushed estimates, and wages rose. The US Dollar reclaimed the 105,000 mark, underpinned by high US bond yields. RBA’s Lowe: “Australia’s inflation...
“We are probably going to have a slightly higher peak to Fed policy rate even as we slow pace of rate hikes,” Chicago fed President Charles...
USD/CHF snaps two-day downtrend as buyers prepare for US jobs report. Cautious mood, rebound in yields allow bears to take a breather amid sluggish session. US...
Gold price retreats from four-month high, snaps three-day uptrend. Market’s consolidation ahead of the key US jobs report probes XAU/USD bulls. IMF’s Georgieva cites recession risks...
Gold prices grind near the key hurdle after refreshing four-month high. Hopes of slower Federal Reserve rate hikes drowned the United States Treasury bond yields, US...
US Dollar bears head towards the mid-range of the 104 area that guards a slide into the 103s and 101s. Are investors putting the cart before...
Gold price rallies back closer to a three-month high amid sustained US Dollar selling. Federal Reserve Chair Powell’s dovish comments continue to weigh on the Greenback....
USD/CAD struggles to gain any meaningful traction amid the prevailing USD selling bias. A modest downtick in oil prices undermines the Loonie and helps limit downside....