The Pound Sterling retreats against the US Dollar ahead of a US data-packed week. Growing speculation for Trump’s victory has improved the US Dollar’s appeal. A...
USD/CAD reverses an early dip to 1.3700, though the upside potential seems limited. The US political uncertainty and dovish Fed bets keep the USD bulls on...
NZD/USD turns lower for the third straight day and drops to over a two-month trough. Bets for an early RBNZ rate cut and China’s economic woes...
Gold price attracts some buyers and snaps a three-day losing streak amid modest USD weakness. The US political development prompts some unwinding of the ‘Trump trade’...
Silver price plummets to near $29.00 on absence of big boost economic measures from China. Higher US Dollar due to expectations of Trump’s victory in US...
USD/INR concludes the week on a promising note as US Dollar extends its upside. The expectations for Donald Trump winning US presidential elections have increased. Union...
USD/CAD gains further to near 1.3750 after downbeat Canadian Retail Sales data for May. Canadian Retail Sales contracted at a faster-than-expected pace, boosting BoC’s subsequent rate-cut...
The Pound Sterling further corrects against the US Dollar after the release of weaker-than-expected UK Retail Sales data for June. Doubts over the BoE to begin...
The US Dollar rises further as market participants see Donald Trump winning Presidential elections this year. Investors expect that the Fed cut interest rates twice this...
Gold price corrects further from the record high amid some follow-through USD buying. September Fed rate cut bets should cap the USD and help limit losses...
Dow Jones rose into a fifth consecutive all-time high before receding on Thursday. Equities are paring back after a heady rally on rate cut hopes. September...
The ECB left its policy rates unchanged, as expected, while President Lagarde also failed to surprise markets. The Greenback, in the meantime, regained some fresh oxygen...
In an interview with Yahoo Finance on Thursday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted that they have had multiple months of better inflation...
The Pound Sterling declines as the US Dollar rebounds due to increased risk aversion. UK Claimant Count Change, claiming jobless benefits, rose to 32.3K in June,...
EUR/USD inches lower with expectations of the ECB maintaining current interest rates at Thursday’s meeting. Fed Governor Christopher Waller stated that the US central bank is...
GBP/USD edges lower on Thursday amid the emergence of some USD buying. A slightly overbought RSI is seen holding back bulls from placing fresh bets. The...
The Australian Dollar gets a minor lift from the mixed Australian employment data on Thursday. The number of employed people rose by 50.2K, while the Unemployment...
EUR/USD extended into bullish territory on Wednesday. ECB rate call looms ahead, rate hold expected for now. Markets have fully priced in a September rate cut...
Dow Jones climbs on Wednesday as Fedspeak keeps rate cut hopes pinned. Fed rate cut expectations have fully priced in a September rate cut. One last...
The Greenback extended its downtrend to new four-month lows in response to another FX intervention by the BoJ, firmer rate-cut bets, and the broad-based better tone...