NZD/USD tumbles to near 0.5900 due to multiple headwinds. China’s battered economy and improved RBNZ rate-cut bets have dampened the New Zealand Dollar’s appeal. The next...
EUR/USD bounces back as the US Dollar remains sluggish in the countdown to the US Q2 flash GDP. The Euro’s appeal remains uncertain due to the...
The United States Gross Domestic Product is seen expanding at an annualized rate of 2% in Q2. The current resilience of the US economy bolsters the...
The Pound Sterling declines against the US Dollar to nearly 1.2880 amid dismal market sentiment ahead of advanced US Q2 GDP data. Firm preliminary S&P Global/CIPS...
Ever since Wednesday, Nasdaq found no respite with very few S&P 500 sectors providing refuge. Even Russell 2000 – one of my key picks for clients...
China’s economy grew at its slowest pace in more than a year. Analysts at UOB Group revise their GDP growth forecast for China to 4.9% for...
GDP growth fell sharply to 0.7% q/q in Q2 from 1.5% in Q1, putting the annual growth target (5%) at risk. Supply continued to outperform domestic...
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The Pound Sterling performs strongly on faster UK GDP growth and soft US Inflation data. The UK economy expanded at a faster pace of 0.4% in...
China’s official manufacturing PMI remained in contraction for the second consecutive month in Jun while the non-manufacturing PMI slipped to its lowest reading this year. UOB...
Canadian Dollar bolstered by rising market sentiment. Canada posted a 0.3% uptick in GDP, propping up CAD. US PCE inflation also ticked lower, further bolstering rate...
Canadian Dollar went in both directions on Thursday’s mixed US data. Canada is absent from economic calendar until Friday’s GDP update. US PCE Price Index inflation...
US GDP growth for the first quarter got revised higher to 1.4%. US Dollar Index stays in negative territory below 106.00. The US Bureau of Economic...
EUR/USD flubs the 1.0700 handle as bearish flows keep the Fiber pinned. Broad-market sentiment favored the Greenback on Wednesday as rate cut hopes dry up. Late-week...
GBP/JPY continues to climb to fresh highs as Yen extends backslide. Floundering JPY draws out more direct warnings from Japanese officials. Market flows unlikely to change...
Canadian Dollar gave a mixed performance, easing against the Greenback. Canada reported a potential contraction in wholesale trade in May. Fedspeak to continue dominating headlines until...
GBP/USD traded in a circle on Wednesday, testing 1.2700. Key figures for both the US and UK due later in the week. GDP updates due on...
EUR/USD churns near 1.0720 as market flows buckle down for the wait to key data. Wednesday has a limited data docket on the offer. Investors look...
NZD/USD gains momentum around 0.6145 following the release of New Zealand GDP on Thursday. New Zealand’s economy grew 0.2% QoQ in Q1 versus 0% prior, stronger...
NZD/USD meets with a fresh supply on Wednesday and snaps a two-day winning streak. The USD struggles to lure buyers amid September Fed rate cut bets...