Share: AUD/USD has corrected marginally to near 0.6950, however, the upside looks favoured. The upward-sloping trendline placed from 0.6629 is providing a cushion to the Australian...
Share: EUR/USD is marching towards 1.0770 as USD Index is showing signs of more weakness ahead. S&P500 futures have witnessed a minor correction, depicting caution in...
Share: GBP/USD is hovering near the edge of the Symmetrical Triangle pattern for a breakout. Economic events such as the US Inflation and the UK employment...
Share: GBP/USD grinds higher after posting the biggest daily jump in a month. Optimism surrounding an end to the UK’s labor strike, pullback in US dollar...
Share: AUD/USD is facing soft barricades around 0.6970 ahead of the US Inflation data. A surprise rise in the US CPI figure could damp the market...
Share: What you need to take care of on Tuesday, February 14: Tensions between the US and China weighed on the market mood at the weekly...
Share: The Federal Reserve Bank of New York’s monthly Survey of Consumer Expectations showed on Monday that the US consumers’ one-year inflation expectation stayed unchanged at...
Share: In its quarterly publication released on Monday, the European Commission revised upwards its economic growth forecasts for the euro zone to 0.9% in 2023 from...
Share: Gold price oscillates in a narrow range just above a one-month low and 50-day SMA support. Bets on additional rate hikes by the Federal Reserve...
Share: USD/INR picks up bids to pare the previous losses amid risk-off mood. Fears surrounding mystery objects, hawkish Fed roil risk profile and underpin US Dollar...
Share: Gold price fades Friday’s bounce off 61.8% Fibonacci golden ratio. Sour sentiment underpins US Dollar, weighs on XAU/USD, even as US Treasury bond yields dribble....
Share: EUR/USD sees around five-week low as bears take a breather. ECB’s Visco downplays rate hike bias, Fed’s Harker appears confused. Challenges to sentiment amid “unidentified...
Share: US Dollar Index stays defensive after two-week uptrend. Fed’s Barkin sounds dovish despite pushing back rate cut talks. US-China tension weighs on sentiment and favors...
Share: GBP/USD is expecting further downside to near 1.2000 ahead of US Inflation. Fears of an upside surprise in US inflation and back-to-back Pentagon events are...
Share: The US Bureau of Labor Statistics announced on Friday that it revised the monthly Consumer Price Index (CPI) for December to +0.1% from -0.1%, based...
Share: EUR/USD is expected to deliver more downside to near 1.0700 amid the risk-aversion theme. The USD Index has gained strength as investors are worried about...
Share: The risk-off mood ahead of US inflation is keeping Asian indices on the tenterhooks. Softer-than-anticipated China inflation numbers have impacted Chinese equities heavily. Japanese investors...
Share: GBP/USD has slipped below the crucial support of 1.2100 amid the risk-aversion theme. The Pound Sterling bulls will dance to the tunes of the UK’s...
Share: AUD/USD holds onto the previous day’s bearish technical confirmation as China data favored bears. China CPI, PPI both disappoint with softer numbers for January. Downside...
Share: AUD/JPY has slipped sharply from 91.40 despite RBA continuing a hawkish monetary policy ahead. Australian inflation has been driven higher in December led by rising...