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: AUD/USD is aiming to extend its recovery above 0.6720 as the market sentiment is upbeat. Investors are hoping that the Fed could pause its policy-tightening...
Share: USD/JPY is making efforts for a range expansion as BoJ to remain dovish. S&P500 futures have added significant gains as investors are digesting fears associated...
Share: NZD/USD is looking to recapture 0.6200 amid a recovery in the risk-on mood. The USD Index had come under pressure as investors are making assessments...
Share: EUR/USD struggles to defend the week-start rebound ahead of top-tier data/events. Euro buyers ignore upbeat US data versus downbeat German IFO figures as ECB President...
Share: Consumer Statistics Canada will release May. Price Index (CPI) data on Tuesday, June 27 at 12:30 and as we get closer to the release time,...
Share: The S&P 500 lost 1.4% in the week ending June 23. Fed Chair Jerome Powell said two further rate hikes were likely in 2023. The...
Share: USD/INR takes offers to reverse the previous day’s corrective bounce. Hopes of more investment in India, cautious optimism in Asia underpin India Rupee recovery. Oil’s...
Share: USD/CAD takes offers to reverse the previous day’s corrective bounce off the lowest level since September 2022. WTI crude oil fails to cheer risk-positive headlines...
Share: “(It is) premature to shift policy as smaller firms becoming keen to hike wages, invest more,” per the Summary of Opinions for Bank of Japan’s...
Share: NZD/USD jumps half a percent to begin the trading week after snapping a three-week downtrend in the last. Risk-positive headlines from Russia, China allow the...
Share: The US Dollar started a recovery on the back of risk aversion that could continue at the beginning of the last week of June and...
Share: GBP/USD is gauging support near 1.2700, however, the downside seems favored due to the risk-aversion theme. On Thursday, the BoE surprisingly announced a fat rate...
Share: Gold price renews three-month low after five-day losing streak, pressured of late. Hawkish central bank actions amplify economic fears and underpin US Dollar demand, weighing...
Share: Pound Sterling has stretched its recovery ahead of the Bank of England’s interest rate decision. Core inflation in the United Kingdom is moving in the...
Share: During the Asian session, New Zealand will report trade data and Credit Card Spending. The focus later will be on the Bank of England decision....
Share: USD/CHF is consolidating below 0.9000 as the focus shifts to SNB policy and Powell’s testimony. US equities are expected to remain volatile as a continuation...
Share: USD/JPY has scaled strongly above 142.00 as the USD Index has remained firm. Investors are keenly focusing on whether Fed Powell will stick to its...
Share: GBP/USD picks up bids to pare weekly losses, the first in four, after upbeat British inflation data. UK CPI reprints 8.7% YoY for May versus...
Share: The UK CPI’s Overview The cost of living in the UK as represented by the Consumer Price Index (CPI) for May month is due early...