US Dollar Index remains sidelined after snapping two-day downtrend. Firmer US data, challenges to sentiment underpin DXY rebound. Pullback in Treasury bond yields, holiday mood restrict...
EUR/USD dribbles inside a tight trading range around 1.0600, picking up bids of late. Mixed comments from ECB officials, firmer US data teased bears the previous...
according to the Federal Reserve Bank of Atlanta’s GDPNow model, the US economy is expected to grow at an annualized rate of 2.7% in the fourth...
GBP/JPY has reversed after dropping marginally below 168.50, following the footprints of the GBP/USD major. Higher UK average earnings could be a double-edged sword for the...
USD/JPY has witnessed demand near 136.60 as Japan’s GDP contraction weighs on the Japanese yen. Investors have preferred to cheer Fed’s rate hike slowdown over recession...
AUD/JPY is looking to shift its trading profile above 92.50 amid positive market cues. The sustainability of contraction in the Japanese economy has refreshed fears of...
AUD/USD touches a fresh weekly low amid some follow-through buying around the USD. Expectations that the Fed may lift interest rates more than projected underpin the...
The Australian Bureau of Statistics (ABS) released Australia’s Gross Domestic Product (GDP) on a quarterly basis as follows: Q3 GDP +0.6% QoQ vs. the expected +0.7%...
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...
The S&P 500 remains rangebound as we wait for Powell. ADP employment data shows Fed hikes finally stalling the jobs market. Limited gains likely though before...
USD/INR holds lower ground near intraday bottom amid mildly positive markets. Easing in China covid numbers, property market optimism weighs on the US Dollar. S&P cuts...
GBP/USD has dropped after the conclusion of the short-lived pullback to near 1.1976 amid a risk-off mood. Hawkish commentary from Fed policymakers is aiming to bring...
USD/CHF prints three-day uptrend as sour sentiment underpins US Dollar. China-linked woes join pre-data anxiety to favor USD/CHF bulls. Swiss Q3 GDP, Fed Chair Powell’s speech...
EUR/USD is expected to resume its downside journey after surrendering the day’s low at 1.0340 as market mood sours. The long-term US Treasury yields have dropped...
USD/CAD is struggling around the immediate hurdle of 1.3340 amid an absence of a potential trigger. The market mood has turned quiet as the United States...
“It is very likely that we will see negative growth rates in the fourth quarter in the euro zone,” European Central Bank (ECB) Vice President Luis...