Share: USD/TRY picks up bids to refresh two-week high, consolidating late August slump. US Dollar Index (DXY) retreats from multi-day high amid market’s preparations for this...
Share: Global rating agency Moody’s cuts its economic growth forecasts for China, as well as revise up the US Gross Domestic Product (GDP) predictions in its...
Share: GBP/USD edges higher after posting the first weekly gain in five. UK’s opposition Labour Party forecasts the lowest growth among G7 countries. Bullish triangle formation,...
Share: US growth optimism is driving the Dollar higher. Therefore, Kit Juckes, Chief Global FX Strategist at Société Générale, expects EUR/USD and GBP/USD to remain vulnerable. ...
Share: China’s Commerce Ministry announced in a statement on Tuesday, a series of measures that will help boost the consumption of household consumer goods and services....
Share: USD/CAD drifts lower for the second straight day and is pressured by a combination of actors. An uptick in Oil prices underpins the Loonie and...
Share: What you need to know on Wednesday, June 21: The US Dollar kept grinding higher on Tuesday as the market mood soured on fears that...
Share: USD/CNH rises for the fifth consecutive day to prod late November 2022 high. Multiple Chinese banks cut rates to fuel speculations of PBoC rate reduction....
Share: AUD/USD fades corrective bounce after snapping four-day uptrend, reversing from the highest level in a month. RBA’s Lowe defends hawkish surprise by citing inflation woes,...
Share: “The Australian economy may have already gone into a weak period of growth,” says Australian Treasury Secretary Steven Kennedy as he appears in parliament before...
Share: USD/IDR bounces off intraday lows during three-day downtrend. Indonesia Retail Sales grew 0.7% in December versus 1.3% prior. Cautious optimism in Asia, US Dollar retreat...
Share: Early Wednesday morning in Europe, the global rating agency Fitch came out with upbeat Gross Domestic Product (GDP) growth forecasts for China by saying, “Fitch...
Share: according to the Federal Reserve Bank of Atlanta’s GDPNow model, the US economy is expected to grow at an annualized rate of 2.1% in the...
Economic sentiment in Germany and the Eurozone unexpectedly turned positive in January. EUR/USD remains unimpressed by the upbeat ZEW surveys, keeping its range around 1.0815. The...