Share: The broad risk-off sentiment, US growth outperformance and rising US real yields have broadly benefitted the USD in August. Economists at Danske Bank maintain their...
Share: Pound Sterling refreshes 11-week low as higher interest rates dampen economic prospects. UK construction firms go out of business due to stubborn cost inflation. The...
Share: Gold price trades sideways as investors shift focus to the speech from Fed Powell at Jackson Hole. The market mood remains jittery as to whether...
Share: Silver price turns topsy-turvy above $24.00 as Fed Powell keeps doors open for more interest rate hikes. Jerome Powell stated in commentary that interest rates...
Share: USD/JPY holds steady just below its highest level since November 2022 touched on Friday. The divergence Fed-BoJ policy outlook continues to lend some support and...
Share: AUD/USD renews intraday high while bouncing off one-week low after declining in the last six consecutive weeks. Australia Retail Sales for July rises 0.5% versus...
Share: USD/MXN drops to the lowest level in a month, pressured around multi-day low of late. Broad-based US Dollar pullback joins cautious optimism in the market...
Share: Pound Sterling rebounds from 14-week low but recovery seems restricted due to deepening recession fears. UK housing and manufacturing sectors have surrendered against BoE’s aggressive...
Share: S&P 500 made first weekly gain of August after three straight weekly declines. China halves stamp duty on stock trading, sending market higher. Inflation data...
Share: EUR/USD edges higher after snapping two-day downtrend at 11-week low. Euro ignores German exporters’ pessimism amid hawkish comments from French FinMin. US Dollar fails to...
Share: US inflation expectations can be held responsible for the market’s latest dislike for the US Dollar, after fueling the Greenback to the multi-day high in...
Share: US Dollar Index stays depressed after reversing from 11-week high. Yields, inflation expectations drop but activity data flash mixed signals to prod DXY bears. Absence...
Share: Pound Sterling trades sideways as investors need fresh cues about the BoE’s possible interest rate peak. UK inflation is highest among G7 economies due to...
Share: Pound Sterling jumps to near 1.2700, supported by a risk-on mood. UK housing demand drops sharply due to rising mortgage rates. Investors hope that policy...
Share: EUR/GBP falls back as expectations of more interest rates from the ECB threaten the economic outlook. Eurozone inflation expanded in August due to the hot...
Share: US Dollar Index remains depressed at the lowest level in 12 days. United States data keep proposing an end to Fed’s hawkish cycle but traders...
Share: Gold Price stays firmer at four-week high, confirming the falling wedge bullish chart pattern. Downbeat United States data propel concerns about Federal Reserve policy pivot...
Share: USD/MXN struggles for clear directions ahead of key data. Mixed prints of Mexican Q2 GDP, Fiscal Balance prod Peso buyers. US Dollar remains depressed as...
Share: USD/CAD bounces off weekly low to prod three-day losing streak. Oil price retreats as market prepares for top-tier US data, China PMI, stimulus fail to...
Share: EUR/USD consolidates its recent gains to over a two-week high touched on Wednesday. The USD stalls its recent decline near the 200-day SMA support and...