Share: USD drifts as risk mood improves. Shaun Osborne, Chief FX Strategist at Scotiabank, analyzes Greenback’s outlook. USD uptrend is looking riper for consolidation or correction...
Share: GBP/USD gains some positive traction and moves away from a multi-month low set on Thursday. A combination of factors prompts some USD profit-taking, which, in...
Share: USD/CNH retraces the previous day’s gains on China’s positive economic data. PBoC has reduced the Reserve Requirement Ratio by 25 bps. US Dollar (USD) is...
Share: Gold price struggles for a decisive move despite a slightly hotter inflation report. The US Dollar demonstrates a volatility compression as higher headline CPI failed...
Share: Economists at ING discuss USD’s outlook. DXY seen contracting on the back of the ECB hike The broader Dollar story is firmer now heading into...
Share: Expectations that the Fed will pause on rate hiking next week are unlikely to be changed by today’s US inflation data, economists at Commerzbank report....
Share: Gold price trades directionless as investors shift focus to US inflation data. Investors worry that upside risks to headline CPI could elevate the likelihood of...
Share: USD/CAD enters a bearish consolidation phase near a one-and-half-week low set on Tuesday. Bullish Crude Oil prices continue to underpin the Loonie and act as...
Share: GBP/USD attracts some buyers on Wednesday, albeit lacks follow-through. Subdued USD demand acts as a tailwind ahead of the crucial US CPI report. Bets that...
Share: Markets look ahead to the US CPI data. Economists at Commerzbank analyze how the figures could impact Gold price. US inflation figures could lend tailwind...
Share: Gold price drops significantly as inflation turns cautious ahead of inflation data. The appeal for the US Dollar improves as the US economy is handling...
Share: EUR/USD defends the immediate support of 1.0700 amid a risk-on mood. The ECB is expected to keep interest rates unchanged this month due to a...
Share: NZD/USD shifts auction comfortably above 0.5900 amid improved market sentiment. There is a nominal improvement in China’s inflation data but the overall outlook is still...
Share: Gold price remains sideways as the market awaits US inflation data for further action. The US Dollar corrects marginally, while the broader bias remains bullish...
Share: USD/JPY finds an intermediate support near 146.00 as the impact the BoJ Ueda’s hawkish remark starts easing. The USD index corrected from a fresh six-month...
Share: AUD/USD trades sideways near 0.6400, following the footprints of the US Dollar. Fed speakers supported keeping interest rates unchanged in the September monetary policy. The...
Share: USD/CAD slips vertically to near 1.3600 as Statistics Canada has reported upbeat labor market data. The Canadian labor market witnessed fresh additions of 39.9K payrolls...
Share: Silver price volatility compresses near $23.00 while the US Dollar remains subdued. Investors turn baffled between rising hopes of the Federal Reserve’s (Fed) soft landing...
Share: Gold price discovers support as Fed policymakers see no interest-rate increase in September. The USD Index hovers near 105.00, preparing for a fresh upside amid...
Share: USD/CHF rebounds from 0.8900, supported by the resilient US Dollar. Fed policymakers showed no interest in increasing interest rates in September. USD/CHF rally pauses after...